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In order to run a business, a large amount of money is required so that various operations of the business are in tandem with each other. Funds help in purchasing raw materials, inventory, equipment, or upgrade the infrastructure on the whole. Also, the staff needs to be paid a salary for their work. So, a business loan is a viable option in case businesses need financial assistance. 

However, loans come with interest rates that must be considered while planning the monthly expenses. With the help of Lendingkart EMI Calculator, you can calculate your EMIs and plan your finances accordingly.

Use our Business Loan Calculator to calculate your EMI instantly

Loan Amount
  • Months
  • Years
Rate of Interest

Monthly EMI

at % interest rate for months

Total Amount Payable
Principal Amount
Total Interest Amount
Year Principal Interest Balance

How to Use The Lendingkart Business Loan EMI Calculator

  • An easy and effective way to calculate EMIs for a business loan is to use the Business Loan EMI Calculator.

  • 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


  1. P = Principal amount
  2. R = Rate of interest at which the loan is borrowed
  3. 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!

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Benefits of Using an EMI Calculator

No Manual Efforts Required

Instantly calculate your EMI on your Business Loan with the Lendingkart EMI Calculator. You just need to enter details like the loan amount, tenure and interest rate. Hence, you need not calculate anything manually as the Lendingkart Business Loan EMI Calculator performs the entire process for you in a seamless manner

Visual Representation

Along with the EMI calculation, the payment information is represented graphically. As it's always easier to comprehend a visual representation of any data than normal written text, this added advantage of a Lendingkart EMI Calculator makes it a preferred choice amongst borrowers.

Necessary in Financial Planning

It is always advantageous to be aware of your EMI amount and pay it regularly to avoid any obstacles in your monthly budget. A business is always a risky proposition and is full of surprises and challenges that can hamper your financial planning. Hence, it’s best to understand the monthly EMI well in advance before applying for the loan in order to make a better financial plan. This will prevent you from running out of funds and help your business run smoothly.

FAQs for Lendingkart Business Loan EMI Calculator

Missing one EMI payment can invite some penalty charges like late payment fees.

Calculating EMI before taking a Business Loan can help you plan and manage your finances better.

You can check your eligibility for a business loan through the eligibility calculator online.

EMI will only change in case the government revises the rate of interest.

It is usually due in the first week of the month

EMI can be paid through ECS (Electronic Clearance System), NACH (National Automated Clearing House), a post-dated cheque or debit mandate.

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

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