Bajaj Finance Business Loan EMI Calculator

The Bajaj Finance Business Loan EMI calculator lets you estimate your monthly repayment based on key loan inputs. This helps you assess affordability and plan cash flow before applying.

Follow these steps to use the calculator on this page:

• Enter the loan amount - Use the slider or type the required loan amount in the input field
• Set the interest rate - Enter the applicable interest rate offered to you
• Select the loan tenure - Choose the repayment period in months

Once you enter these details, the Bajaj Finance Business Loan calculator for EMI calculation automatically shows:

• Monthly EMI amount
• Total interest payable over the tenure
• Total repayment amount (principal + interest)

You can change any input to compare different loan scenarios and understand how tenure or interest rate changes affect your monthly payments or liabilities.

Understanding how the EMI is calculated helps you interpret the results shown by the Bajaj Finance Business Loan calculator and evaluate different loan scenarios more accurately.

EMI Calculation Formula

The EMI for a business loan is calculated using the standard formula:

EMI = EMI = [P × R × (1 + R)^N] ÷ [(1 + R)^N − 1]

Where:

• P = Loan amount (principal)
• R = Monthly interest rate (annual rate ÷ 12 ÷ 100)
• N = Loan tenure in months

This formula ensures that each EMI includes both principal repayment and interest, spread evenly across the tenure.

Loan Parameters Used for Illustration

The following parameters reflect the current offering ranges of Bajaj Finance:

• Loan amount: ₹2 lakh to ₹80 lakh
• Loan tenure: 12 months to 96 months
• Starting interest rate: 14% per annum
• Processing fee: Up to 4.72% of the loan amount (inclusive of applicable taxes)

Processing fees are charged separately by Bajaj Finance and are not included in the EMI calculation.

Example 1: Minimum Loan Amount with Minimum Tenure

• Loan amount: ₹2,00,000
• Interest rate: 14% per annum
• Tenure: 12 months
• Approximate EMI: ₹18,030 per month
• Total interest payable: ~₹16,360
• Total repayment amount: ~₹2,16,360

This option results in higher monthly outgo but significantly lower total interest due to the shorter tenure.

Example 2: Maximum Loan Amount with Maximum Tenure

• Loan amount: ₹80,00,000
• Interest rate: 14% per annum
• Tenure: 96 months
• Approximate EMI: ₹1,38,000 per month
• Total interest payable: ~₹52.5 Lakh
• Total repayment amount: ~₹1.32 Crore

A longer tenure reduces the monthly EMI but increases the overall interest cost substantially.

Key Points to Note

• EMI amounts vary with changes in interest rate, tenure, and loan amount
• Longer tenures ease monthly cash flow but raise total borrowing cost
• Processing fees affect the total cost of the loan but are not included in EMI calculations

Use the Bajaj Finance Business Loan EMI calculator on this page to adjust inputs and view exact figures based on your preferred loan structure.

Several loan-related variables influence how much you pay each month as EMI. Understanding these factors helps you structure the loan in a way that aligns with your cash flow and repayment capacity.

Interest Rate

The interest rate has a direct impact on your EMI amount. A higher rate increases the interest component in each instalment, raising the overall repayment. Even small rate changes can materially affect the total interest paid over the loan tenure.

Loan Amount

The principal amount you borrow determines the base on which interest is calculated. Higher loan amounts result in higher EMIs. Borrowing only what your business requires helps keep monthly repayments manageable.

Loan Tenure

Loan tenure affects how the repayment is spread over time. Longer tenures reduce the EMI amount but increase the total interest paid, while shorter tenures raise the monthly EMI but lower the overall interest cost. The right tenure balances affordability with total borrowing cost.

Processing Fees and Other Charges

Charges such as processing fees increase the total cost of borrowing, even though they are not included in the EMI calculation. Factoring in these costs upfront helps you assess the true financial impact of the loan.

Prepayment and Foreclosure Options

If the loan allows partial prepayment or early closure, you may be able to reduce the outstanding principal and interest burden. Prepayment terms, including any associated charges, can influence the effective cost of the loan and should be reviewed before borrowing.

You can repay your business loan EMIs using several secure and official methods offered by Bajaj Finance. These options let you choose the most convenient way to make timely payments.

• UPI payment - Use UPI apps like Google Pay, PhonePe or Paytm to send your EMI amount by selecting Loan Repayment and entering your Bajaj Finance loan details
• Net banking transfer - Log in to your bank’s online portal and transfer the EMI amount via NEFT/RTGS/IMPS to Bajaj Finance’s account, noting your loan account number in the remarks
• Auto-debit / e-mandate - Set up an ECS/NACH or UPI AutoPay mandate so the EMI is deducted automatically from your bank account on the due date
• Debit/Credit card - Pay a one-off EMI through the Bajaj Finance payment gateway using your debit or credit card for instant processing