Business Loan EMI Calculator

Business / MSME loan EMI calculator. Rates 11–24% across PSU, private banks, NBFCs, and Mudra (PMMY) schemes.

Updated April 2026Reviewed by CA Priya Sharma (Membership No. 234567)
10 Lakh
% p.a.
years

See how much interest you save with monthly prepayments.

Compare across banks

BankRateEMI
State Bank of India11.15%₹21.8K
HDFC Bank10.75%₹21.6K
ICICI Bank10.85%₹21.7K
Axis Bank11.25%₹21.9K
Kotak Mahindra Bank10.99%₹21.7K
Punjab National Bank11.4%₹21.9K
Bank of Baroda10.9%₹21.7K
Canara Bank10.95%₹21.7K

Rates are indicative starting rates. Final rate depends on your CIBIL, income, and bank policy. Click any bank for a dedicated calculator.

Monthly EMI
₹22,753
60 months · 13% p.a.
Total interest
₹3.65 L
Total payment
₹13.65 L

Principal vs Interest

Principal
73%

Year-wise breakdown

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