• English
✓Minimal Documentation ✓Flexible Repayment ✓Collateral Free Loan | Apply for Business Loan Now!

With the help of Lendingkart Business loan EMI Calculator, you can calculate your EMIs and plan your finances accordingly.

## Lendingkart Business Loan EMI Calculator

Loan Amount
Tenure
Months
Rate of Interest
Principal Amount
Total Interest
Total Amount Payable
Amortization Schedule
Year EMI Principal Interest Balance

## How to Calculate Lendingkart Business Loan EMI

• The EMI can be calculated from the following formula: EMI = [P x r x (1+r) ^n] / [(1+r)^ n-1]

Here, EMI = EMI amount

P = Principal amount

R = Rate of interest at which the loan is borrowed

N = tenure of the loan over which one would repay the loan

• By using this formula, the applicant can manually calculate the EMI to be paid on a monthly basis but the process can be a bit inconvenient and time-consuming

• To avoid these hassles, the Lendingkart Business Loan EMI Calculator has come to the rescue by completely eliminating the need to manually make the calculations.

• All you need to do to calculate your monthly EMIs is to enter the loan amount, tenure of loan, and the rate of interest.

• Lendingkart Business Loan has indeed made the entire process of calculating your EMI pretty seamless and quick!