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A business loan of ₹50 Lakhs could provide essential financial support to cover operational costs, invest in business growth, or address urgent expenses. Bajaj Markets, a financial marketplace, enables you to compare loans with interest rates starting at 14% per annum and repayment tenures of up to 96 months. Its streamlined application process helps you identify loan options that align with your business needs efficiently.

Calculate EMI for a ₹50 Lakh Business Loan

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Tenure
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Rate of Interest
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Your Monthly Business Loan EMI
Principal Amount
Total Interest
Total Amount Payable
Amortization Schedule
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Year EMI Principal Interest Balance

Business Loan of ₹50 Lakhs: Interest Rates and Fees & Charges

You can review the interest rates offered by lenders to choose the most suitable option. Here are the rates and the associated charges for a ₹50 Lakh business loan:

Lender

Starting Interest Rate (p.a.)

Associated Charges

FlexiLoans

18.00%

Processing fees of up to 2.5% of the loan amount

U GRO Capital

24.00%

No processing fees

Disclaimer: Interest rates and terms are subject to change at the lender's discretion.

EMI for a ₹50 Lakh Business Loan

The EMI for a business loan of ₹50 Lakhs is influenced by factors such as the loan amount, interest rate, and tenure. For example, at 14% p.a. over a tenure of 60 months, the EMI would be ₹11,634. This amount includes both the principal and interest components, with the interest portion reducing over time as the principal is repaid.

Using an EMI calculator could assist in estimating monthly instalments for various tenures and interest rates, helping with financial planning. Here’s a breakdown of how your EMI is structured for loan repayment and associated costs, based on a 18% p.a. interest rate and a 5-year tenure:

Tenure

Principal Paid

Interest Charges

Outstanding Dues

1st Year

₹6,77,714.41

₹8,45,891.20

₹43,22,285.58

2nd Year

₹8,10,287.68

₹7,13,317.98

₹35,11,997.90

3rd Year

₹9,68,794.67

₹5,54,810.97

₹25,43,203.23

4th Year

₹11,58,308.52

₹3,65,297.12

₹13,84,894.71

5th Year

₹13,84,894.70

₹1,38,710.93

₹0.00

*Note: The values mentioned are approximate and meant for illustration only. For precise EMI details, it is advisable to contact your lender directly.

Calculating EMIs manually can be time-consuming and prone to errors. Instead, consider using the business loan EMI calculator on Bajaj Markets for accurate and hassle-free results.

Eligibility Criteria

To qualify for a business loan of ₹50 Lakhs, you may need to meet these basic criteria:

  • Citizenship: Must be an Indian citizen

  • Credit Score: Maintain a good CIBIL score

  • Profession: Self-employed professionals (e.g., doctor, CA) or non-professional (e.g., trader, manufacturer)

  • Age: Between 21 and 60 years

  • Business Type: Registered partnership, LLP, or private limited company

  • Business Vintage: At least 1 year of business operations

  • Annual Turnover: Minimum ₹1.5 Lakhs as per ITR

Documents Required

Having the necessary documents ready is essential when applying for a business loan of ₹50 Lakhs. Here's a concise list:

  • Identity Proof: PAN card, Aadhaar card, passport, driving licence, or voter ID

  • Income Proof: 6 months' bank statements, ITR, income computation, P&L statements, and balance sheets (last 2 years)

  • Address Proof: Aadhaar card, passport, utility bills, or lease agreement

  • Business Proof: Sole Proprietorship Declaration, Partnership Deed, or Memorandum and Articles of Association

How to Apply

Applying for a business loan of ₹50 Lakhs is simple. Follow these steps:

  1. Hit the 'Check Eligibility' button

  2. Provide accurate personal and business details

  3. Choose the desired loan amount and tenure

  4. Complete and submit the application form

Frequently Asked Questions

What are the benefits of taking a business loan of ₹50 Lakhs?

A ₹50 Lakh business loan could help you meet the financial requirements associated with working capital, upgrading equipment, managing operational costs, or scaling your business without tapping into personal savings.

Can I get a business loan of ₹50 Lakhs without collateral?

Many lenders offer ₹50 Lakh business loans without collateral if you maintain a strong credit score and your business demonstrates good financial health.

What is the repayment tenure for a business loan of ₹50 Lakhs?

Repayment tenures for ₹50 Lakh business loans generally range from 1 to 8 years, depending on the lender’s terms and your repayment capacity.

How long does it take to get a business loan of ₹50 Lakhs approved?

Approval times can vary, but a ₹50 Lakh loan for business may be approved within 24–72 hours, provided all documentation is in order.

What happens if I default on a business loan of ₹50 Lakhs?

Defaulting on a ₹50 Lakh business loan could lead to penalties, harm your credit score, and may trigger legal action if the issue remains unresolved.

Can I prepay a business loan of ₹50 Lakhs?

Yes, you may prepay a ₹50 Lakh business loan, though some lenders might apply a small prepayment fee based on their terms.

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