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An MSME/SME loan EMI calculator is a simple tool that effectively helps plan your monthly loan repayment obligations. All you have to do is enter the loan amount, the estimated rate of interest and the repayment tenure arrives at a near-accurate number.

Calculate Your SME/MSME Loan EMI

Loan Amount
Tenure
Months
Rate of Interest
Business Loan
Your Monthly Business Loan EMI
Principal Amount
Total Interest
Total Amount Payable
Amortization Schedule
Download
Year EMI Principal Interest Balance

How is MSME Loan EMI Calculated?

The MSME business loan EMI calculator runs on the following formula:

 

EMI = P x r x (1+r)n/ (1+r) n-1

where;

P is the loan amount

R is the rate of interest

and N is the loan tenor

Benefits of MSME Loan Calculator

An online MSME loan calculator provides the following advantages:

  • It helps you determine the approximate monthly outflow towards repayment.

  • It is beneficial in determining the loan amount that suits your business requirements.

  • It offers you the flexibility to choose the amount and tenure that will not add financial burden to your business.

  • It allows you to determine the EMI beforehand to budget your monthly outflows.

An online EMI calculator plays a crucial role in giving you a clear understanding of your future financial obligations when you avail a loan. Use the MSME EMI Loan Calculator on Bajaj Markets to make informed business decisions.

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