Business Loan EMI Calculator

Explore commercial, working-capital, or MSME financing with an editable EMI and amortization estimate.

Business Loan EMI Details

Illustrative 14.0% annual rate by default; replace it with the lender's quoted rate.

EMI Summary

Monthly EMI₹34,902
Principal Amount₹15,00,000
Total Interest Payable₹5,94,143
Total Amount Payable₹20,94,143

Monthly EMI is rounded to the nearest rupee for display. Total repayment uses the precise unrounded EMI; the final schedule instalment absorbs rounding so principal is repaid exactly.

Principal (71.6%) Interest (28.4%)

Amortization Schedule (Annual Checkpoints)

MonthOpening BalanceEMIPrincipalInterestClosing Balance
Month 1₹15,00,000₹34,902₹17,402₹17,500₹14,82,598
Month 12₹12,97,013₹34,902₹19,770₹15,132₹12,77,243
Month 24₹10,43,939₹34,902₹22,723₹12,179₹10,21,216
Month 36₹7,53,072₹34,902₹26,116₹8,786₹7,26,956
Month 48₹4,18,766₹34,902₹30,016₹4,886₹3,88,750
Month 60₹34,534₹34,937₹34,534₹403₹0

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Frequently Asked Questions (FAQs)

Interest can be deductible to the extent borrowed funds are used for an eligible business or profession and the expense satisfies the current business-income rules. Personal use, capitalisation before an asset is first put to use, related-party limits and documentation can change the result.

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