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Loan EMI Calculator
Plan your business finances by calculating monthly installments instantly.
Monthly EMI
₹ 16,251
Total Interest Payable:
₹ 85,036
Principal Amount:
₹ 5,00,000
Total Amount:
₹ 5,85,036
What is a Business Loan EMI Calculator?
The Business Loan EMI Calculator by BharatERP helps you effectively plan your loan repayment. Whether you are taking a term loan, machinery loan, or working capital loan, knowing your Equated Monthly Installment (EMI) in advance is crucial for maintaining healthy cash flow.
How is EMI Calculated?
The standard formula used for EMI calculation is:
EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
- P = Principal Loan Amount
- R = Monthly Interest Rate (Annual Rate / 12 / 100)
- N = Loan Tenure in Months
Why Use BharatERP EMI Tool?
- Accuracy: Precise calculations up to the last rupee.
- Speed: Instant results as you type or adjust values.
- Financial Planning: See total interest payable to compare loan offers.
- Free & Secure: No login required, no data stored.