Work out your business loan EMI
Business and MSME loans fund working capital, equipment or expansion. Unsecured business loans are typically 14–24% per year over 1–5 years, while secured term loans (backed by property or equipment) can be cheaper and longer. Enter your loan amount, interest rate and tenure to see the EMI, total interest and a full repayment schedule, so you can check it against your cash flow. Everything runs in your browser.
Who uses this tool
Small business owners and self-employed professionals sizing a term loan against monthly cash flow, and anyone comparing a shorter tenure (higher EMI, less interest) with a longer one.
How to use it
- Enter the business loan amount, the interest rate and the tenure.
- Optionally set the month the loan starts so the schedule shows real dates.
- Click Calculate EMI to see your EMI, total interest, and the year-by-year schedule. Tap any year to expand its months.
Frequently asked questions
What rate do business loans carry?
It varies a lot — unsecured business/MSME loans are often 14–24%; secured term loans can be lower. Use your actual offer's rate.
What tenure can I take?
Unsecured loans usually 1–5 years; secured term loans can run longer.
Does collateral lower the rate?
Usually yes — a secured loan carries a lower rate than an unsecured one.
Are GST and fees in the EMI?
No — the EMI is principal + interest only. Fees, GST on fees and insurance are separate. Check GST amounts with our GST Calculator.