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Lendingkart Business Loan EMI Calculator

Check the EMI of your Lendingkart Business Loan by using this free EMI calculator on Bajaj Markets.

...

Compare the EMI amount, interest charge, and the overall cost of the loan with other offers available on this financial marketplace to make a wise financial decision.

You can also make instant comparisons between loan offers from multiple Business Loan providers on Bajaj Markets. You can also evaluate the total interest amount and overall payable amount for better financial planning and budgeting.

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Your Business Loan EMI
₹ 128,650
Total Interest Amount
₹ 1,131,409
Principal Amount
₹ 3,500,000
Total Payable Amount
₹ 4,631,409
Loan Amount i
Interest Rate
- +
Min value reached
Max value reached
Tenure
Months drop-down-img
  • Years
- +
Min value reached
Max value reached
Check Offer

You can also make instant comparisons between loan offers from multiple Business Loan providers on Bajaj Markets.

...

You can also evaluate the total interest amount and overall payable amount for better financial planning and budgeting.

 Read More

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

Here, 

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

Let's assume you borrow ₹1,50,000 at an annual interest rate of 24% for a loan tenure of 24 months. We can use the following formula to calculate the EMI for your Lendingkart Business Loan:

Given:

  • P=₹1,50,000

  • R=24÷12÷100=0.02

  • N=24

By using the above formula, the EMI will be approximately ₹7,942.72 per month.

Immediate Results

You can get the results quickly after entering the required values.

User-Friendly

Simply input the loan amount, interest rate, and tenure to calculate the EMI. You can use the calculator as many times as needed to evaluate different loan amounts, tenures, or interest rates.

Reduced Risk of Errors

By using the calculator, you can reduce the chances of mistakes that can occur with manual calculations.
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Compare Lendingkart Business Loan Interest Rates with Other Partners

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Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

FAQs

Lendingkart Business Loan
Are there any prerequisites to using the Lendingkart business loan calculator?

No there are no prerequisites you need to fulfil before using the Lendingkart business loan calculator.

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