What is the EMI for a 10 lakh business loan?

The EMI for a 10 lakh business loan at 14% per annum for 3 years is approximately 34,178 per month. At 18% for 5 years it would be approximately 25,393 per month.

What is the EMI for a 50 lakh business loan?

The EMI for a 50 lakh business loan at 15% per annum for 5 years is approximately 1,18,950 per month. The total interest payable over 5 years would be around 21.37 lakh.

What is the current interest rate on business loans in India?

Business loan interest rates in India typically range from 13% to 24% per annum depending on the lender, loan type, and borrower credit profile.

What is a good DSCR for a business loan?

A DSCR of 1.25 or above is generally considered healthy. A DSCR below 1.0 means the business cannot cover its debt obligations from operating income.

How does prepayment affect business loan EMI?

Prepayment reduces the outstanding principal, which lowers the total interest payable. Most lenders allow prepayment after 6-12 months with a 1-4% foreclosure charge.

Is there a moratorium period on business loans?

Yes, some lenders offer a moratorium of 3-12 months for new businesses. During this period you pay only interest and full EMI starts after the moratorium ends.

Business Loan EMI Calculator – Free Online

Business Loan EMI Calculator – Free Online | InvoPilot

InvoPilot › Business Loan EMI Calculator

🏦 Free · Instant · No Signup · MSME & Startup Ready

Free Business Loan EMI Calculator

Calculate your exact monthly EMI, total interest, and amortization schedule instantly. Compare two loan offers and see how much prepayment saves you.

✓ Monthly EMI ✓ Amortization ✓ Prepayment Savings ✓ Loan Comparison ✓ DSCR Checker ✓ Processing Fee

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Loan Details

Loan Amount ₹10,00,000

Annual Interest Rate 14%

Loan Tenure 36 Months

Processing Fee %

Moratorium (Mo.)

Monthly Income ₹ (DSCR)

Prepayment ₹

After Month

Formula: EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
P = Principal · R = Monthly Rate · N = Months.
Results are indicative. Verify with your lender.

Monthly EMI—

Total Interest—

Total Payable—

Processing Fee—

Effective Rate—incl. proc. fee

Interest Saved—

—EMI split

Principal: —

Interest: —

Pre-EMI: —

Saved: —

DSCR — Debt Service Coverage Ratio

Enter monthly income above to check eligibility.

—

Moratorium: During 0 months, pay only interest (—/month). Total pre-EMI = —. Full EMI from Month —.

Month-by-month loan repayment breakdown

Month	EMI	Principal	Interest	Balance

Scroll to see full schedule · Prepayment reflected from selected month

Compare two loan offers — see which costs less over the full tenure.

1Loan Option 1

Amount (₹)

Rate (% p.a.)

Tenure (months)

Monthly EMI—

Total Interest—

Total Payable—

2Loan Option 2

Amount (₹)

Rate (% p.a.)

Tenure (months)

Monthly EMI—

Total Interest—

Total Payable—

Verdict:

⚡ Features

Why InvoPilot’s Business Loan EMI Calculator Beats the Rest

Most calculators give you just EMI. InvoPilot gives you the full financial picture — so you make smarter borrowing decisions.

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Full Amortization Schedule

Month-by-month or year-by-year breakdown of principal, interest, and outstanding balance.

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Loan Comparison Tool

Compare two loan offers side by side — different rates, tenures, amounts. See which saves more.

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Prepayment Calculator

Enter a prepayment amount and month — instantly see interest saved and tenure reduction.

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DSCR Checker

Debt Service Coverage Ratio tells you if lenders will approve your loan based on business income.

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Moratorium Period

Set a moratorium of 0–24 months. Calculates pre-EMI interest separately.

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Processing Fee Impact

Add processing fee % to see the effective cost of borrowing — not just the stated rate.

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Visual Pie Chart

See principal vs interest split visually — know what portion goes to the bank.

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100% Private & Free

No signup, no data storage. Your financial inputs never leave your browser.

🛠️ How To

How to Use the Business Loan EMI Calculator

Get your complete loan picture in under 60 seconds.

Enter Amount

Use the slider or type directly — from ₹1 lakh to ₹5 crore.

Set Rate

Enter the annual rate your bank or NBFC has quoted (e.g. 14%).

Choose Tenure

Select repayment period in months (12–120 months typical).

Add Optionals

Processing fee, moratorium, prepayment, monthly income for DSCR.

See Results

EMI, interest, amortization, pie chart, and DSCR — all instant.

📖 Learn

What is a Business Loan EMI Calculator?

A business loan EMI calculator is a free online tool that computes the Equated Monthly Instalment (EMI) you must pay towards a business loan, based on three inputs: the principal loan amount, the annual interest rate, and the repayment tenure in months.

The EMI formula is: EMI = [P × R × (1+R)^N] / [(1+R)^N – 1], where P is the loan amount, R is the monthly interest rate (annual rate ÷ 12 ÷ 100), and N is the tenure in months.

For Indian small businesses and MSMEs, understanding EMI before borrowing is critical. Since business loans often fund GST-registered purchases, pair this with InvoPilot’s free GST Calculator to plan your tax liability alongside your loan repayment.

Plan cash flow before taking a business loan
Compare multiple loan offers to save on interest
Understand the true cost of borrowing (incl. fees)
Check DSCR to know if you will qualify for a loan
Calculate prepayment savings before foreclosing

Business Loan Interest Rates in India (2026)

Lender Type	Rate (p.a.)	Max Tenure	Max Amount
PSU Banks (SBI, BOB)	13% – 15%	7 years	₹5 crore+
Private Banks (HDFC, ICICI)	14% – 18%	5 years	₹50 lakh
NBFCs (Bajaj, Tata)	16% – 24%	5 years	₹75 lakh
Mudra Loan (PMMY)	10% – 12%	5 years	₹10 lakh
CGTMSE (MSME)	13% – 16%	7 years	₹5 crore
Fintech / Digital	18% – 30%	3 years	₹25 lakh

*Rates indicative as of 2026. Verify with lender before applying.

📋 Quick Reference

Business Loan EMI Chart — Common Amounts & Rates

Quick EMI reference for popular business loan amounts (3-year and 5-year tenure).

Loan Amount	12% / 36M	14% / 36M	16% / 36M	18% / 36M	14% / 60M	16% / 60M
₹5 Lakh	₹16,607	₹17,089	₹17,582	₹18,086	₹11,634	₹12,167
₹10 Lakh	₹33,214	₹34,178	₹35,164	₹36,152	₹23,268	₹24,334
₹25 Lakh	₹83,035	₹85,444	₹87,910	₹90,440	₹58,170	₹60,836
₹50 Lakh	₹1,66,070	₹1,70,888	₹1,75,820	₹1,80,876	₹1,16,341	₹1,21,672
₹1 Crore	₹3,32,140	₹3,41,776	₹3,51,640	₹3,61,752	₹2,32,682	₹2,43,344

Use the calculator above for exact figures with your specific rate and tenure.

❓ FAQ

Frequently Asked Questions

Everything about business loan EMI, DSCR, prepayment, and moratorium.

EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]. For ₹10 lakh at 14% for 36 months: Monthly Rate R = 14/12/100 = 0.01167, EMI ≈ ₹34,178. The standard formula used by all RBI-regulated banks in India.

At 14% p.a. for 3 years: ~₹34,178/month. At 16% for 5 years: ~₹24,334/month. At 18% for 3 years: ~₹36,152/month. Use the calculator above for your exact figures.

At 15% p.a. for 5 years: ~₹1,18,950/month with total interest of ~₹21.37 lakh. At 14% for 3 years: ~₹1,70,888/month. Enter your exact figures for precise results.

DSCR = Monthly Business Income ÷ Monthly EMI. Most banks require DSCR ≥ 1.25. DSCR below 1.0 means loan approval is unlikely. Our calculator shows your DSCR automatically when you enter your monthly income.

Prepayment reduces the outstanding principal, so future EMIs carry less interest. A ₹2 lakh prepayment on a ₹10 lakh loan in Month 12 can save ₹40,000–₹80,000 in interest. Most lenders charge 1–4% foreclosure fee.

A moratorium (setup period) is 3–12 months where you pay only interest (pre-EMI), not the full EMI. This gives new businesses time to generate revenue before full repayment begins.

Processing fees of 1–3% are paid upfront. A 2% fee on ₹10 lakh = ₹20,000 upfront cost, raising the effective annual rate. InvoPilot’s calculator shows the effective cost including processing fees — a feature most calculators lack.

Yes, InvoPilot uses the standard EMI formula used by all RBI-regulated banks in India. Results are indicative — actual EMI may vary slightly based on lender rounding and disbursement date. Always confirm with your lender before signing.

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