BAJAJ FINSERV DIRECT LIMITED

Ambit Finvest Business Loan EMI Calculator

Utilise the Ambit Finvest Business Loan EMI Calculator to estimate the potential EMI you would have to pay when you get this loan. You can also compare this loan with options from other lenders on Bajaj Markets and make well-informed choices. The EMI calculator also helps you plan part-prepayments and early loan closure effectively.

Your Business Loan EMI
₹ 3,716
Total Interest Amount

₹ 33,789

Principal Amount

₹ 1,00,000

Total Payable Amount

₹ 1,33,789

Loan Amount i
Interest Rate
- +
Min value reached
Max value reached
Tenure
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You can also instantly compare loan offers from multiple business loan providers on Bajaj Markets with the help of the calculator. 

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It also enables you to evaluate the total interest and overall payable amount with ease.

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How to Calculate the Ambit Finvest Business Loan EMI

The Ambit Finvest Business Loan EMI Calculator helps estimate your EMI easily, allowing for better loan repayment planning. Here is the formula:

EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

Where:

  • P: Principal loan amount

  • R: Monthly interest rate (annual rate divided by 12)

  • N: Loan tenure in months

Example 

Let’s say, you want to apply for an Ambit Finvest Business Loan of ₹2 Lakhs at an annual interest rate of 20% for a tenure of 36 months. The values for P, R, and N would be as follows:

  • Loan Amount (P): ₹2,00,000

  • Monthly Interest Rate (R): 20% / 12

  • Loan Tenure (N): 3 years (36 months)

By applying the formula, the EMI for a ₹2 Lakh business loan at 20% p.a. for 3 years will be approximately ₹7,432 per month.

Factors Affecting Ambit Finvest Business Loan EMIs

Several factors influence the EMI of a business loan. Understanding them will assist you in planning your repayment more effectively:

  • Interest Rate

The interest rate plays a crucial role in determining the EMI. Borrowers with a strong financial profile are more likely to receive loans at competitive rates, which makes monthly instalments more manageable. 

  • Loan Amount

The loan amount has a direct impact on the EMI. A higher loan amount results in larger instalments, while a smaller amount leads to lower monthly payments.

  • Repayment Period

The repayment tenure also affects the EMI structure. A longer tenure reduces the monthly instalment, whereas a shorter tenure increases the EMI but allows for quicker loan closure.

Benefits of Using the Ambit Finvest Business Loan EMI Calculator

Instant and Precise EMI Calculation

Computing EMIs manually can be complex and error-prone. This tool provides accurate results within seconds, ensuring clarity.

Smart Business Finance Planning

Before applying for a business loan, it is important to ensure that the EMI aligns with your budget and cash flow. 

The calculator helps you evaluate the loan’s affordability based on your financial situation.

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Easy to Compare Loans and Choose Terms

Adjust the loan amount, tenure, and interest rate to explore different EMI amounts and select the most suitable plan. 

The calculator helps you make informed decisions by also comparing different loan offers.

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Simple and Quick to Use

Using the EMI calculator is easy and convenient. Just enter the loan details, and it instantly generates results, helping you make smarter borrowing decisions.

Transparent Breakdown of Costs

Get a clear view of your total repayment, interest payable, and EMI structure to fully understand your financial commitment.

Reduced Chances of Default

Knowing your EMI in advance allows for better planning, reducing the risk of missed payments or defaults. 

It further enables you to align repayments with your income cycle for smoother financial management.

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Other Ambit Finvest Business Loan Related Pages

Frequently Asked Questions

Ambit Finvest Business Loan

Does the loan tenure affect my EMI for an Ambit Finvest Business Loan?

Yes, the loan tenure directly impacts your EMI. A longer tenure lowers monthly instalments but increases total interest paid. A shorter tenure raises EMIs but reduces overall interest costs. Select a tenure that suits your repayment capacity and financial goals.

Yes, the Ambit Finvest Business Loan EMI Calculator provides a reliable estimate based on loan terms. However, the actual EMI may vary due to lender-specific charges, processing fees, or changes in interest rates.

Calculating EMI in advance aids financial planning by offering a clear repayment estimate. It helps keep the loan within budget, avoiding financial strain, and late payment penalties. It also allows for comparing loan options to choose the most suitable repayment term.

Yes, you can lower your EMI and interest payments by:

  • Choosing a longer tenure, which lowers EMIs but increases total interest paid

  • Negotiating a lower interest rate with a strong credit score

  • Making part-prepayments to reduce the outstanding principal and lower future EMIs

Here are details for both the eligibility terms and the documentation required when applying for a business loan from Ambit Finvest Private Limited:

Eligibility

  • Your age must be between 23 and 60 years

  • Your business must have been operational for more than 3 years

  • You have a CIBIL score of 675 or higher

Documents Required

To apply, you will typically need the following documents:

  • Bank Statement

  • KYC Documents

    • PAN card

    • Aadhaar card

    • Passport 

    • Voter ID

  • GST Number

No, the EMI calculator estimates your monthly payment solely on the basis of the loan amount, interest rate, and repayment tenure. This is because most additional charges vary depending on specific circumstances and are not factored into the calculation.

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