How is monthly loan EMI calculated?

EMI is calculated using the standard amortization formula: EMI = [P × R × (1+R)^N] ÷ [(1+R)^N - 1], where P is Principal loan amount, R is monthly interest rate, and N is tenure in months.

What financial factors determine MSME loan approval and interest rates?

Lenders often review repayment capacity using debt service coverage, cash-flow continuity, commercial credit history, and business turnover. DSCR is a separate concept from EMI; confirm the lender’s current criteria directly.

Business Loan & EMI Calculator

Calculate your monthly installment (EMI), total interest cost, and loan repayment breakdown.

Input Parameters

Loan Principal Amount

₹

Annual Interest Rate (%)

Loan Tenure (Months)

Mos

Calculation OutputLive Calculation

Monthly Payment (EMI)₹16,607

Total Interest Payable₹97,85812% p.a. over 36 months

Total Amount Payable (Principal + Interest)₹5,97,858

Calculate Break-even Sales for Loan EMI Coverage

EMI and debt-service capacity

This calculator estimates monthly loan repayment amounts. Debt Service Coverage Ratio (DSCR) is a separate measure of whether operating cash flow can cover scheduled principal and interest payments.

Understand Debt Service Coverage Ratio (DSCR)

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