Are your loans and your business a perfect fit? Read on to find out more.

Loan AmountINR
TenorMonths
Rate of Interest(flat rate)Percent
 

Total Interest Payable

Rs.1,750

Total Payment (Principle + Interest)

Rs.1,01,750

Your EMI per month will be

Rs.1,01,750

Your daily repayment amount will be

Rs.1,750

EMI stands for Equated Monthly Installment. In simple words, it is the amount that you repay to the financial institution on a monthly basis. This amount is calculated based on the loan amount, rate of interest, and tenure of the loan. At NeoGrowth we understand each business is unique and to suite your business requirement we provide multiple repayment frequency options; daily / weekly / fortnightly and monthly.

NeoGrowth’s Business Loan EMI calculator helps you calculate daily and monthly payments on your business loan.The calculator help you determine the amount you need to pay, helping you to opt loan amount that matches your short-term requirement. Thus helping you facilitate your working capital planning.

A business loan calculator is simple to use. You need to enter the loan amount, Tenor (monthly) and rate of interest and you will know how much amount you need to repay.

Disclaimer: The calculator on this website only provide indicative results based on the inputs provided by you. They are only used for a conceptual explanation, indicative/illustrative results and are not to be construed as suggesting, implying, or inferring any future results. Results received from these calculators are designed for comparative purposes only and NeoGrowth Credit Private Limited does not guarantee the accuracy of any information available on this site, and is not responsible for any errors, omissions, or misrepresentations. The default figures shown are hypothetical and may not be applicable to your individual situation. The calculator do not qualify you for a loan. Qualification for a loan may require additional information which is not gathered in this calculator. Information under the calculator such as interest rates, pricing, taxes, stamp duty, EMI payments, etc. are estimates and are subject to change at any time and should be used for comparison only.

* All prices are indicative and subject to NeoGrowth’s sole discretion