Business Loan Calculator
Calculate business loan EMI, total interest and processing fee cost.
Assumptions used in this calculation
- Processing fee timing: The processing fee is treated as a one-time upfront cost added to the total borrowing cost, it's not amortized into the monthly payment.
- Interest method: The monthly payment is computed using the standard monthly reducing-balance formula, the same as the EMI calculator, some business loan products instead use flat-rate interest, which produces a higher effective rate.
About this calculator
Business loan offers are often compared purely on the headline interest rate, but the processing fee, typically 1-3% deducted upfront or billed separately, is real money that doesn't show up in the EMI at all, which means two loans with identical EMIs can have meaningfully different total costs once fees are factored in. This calculator computes the monthly payment using the standard reducing-balance EMI formula on your loan amount, rate and tenure, then separately adds the one-time processing fee to arrive at the true total cost of borrowing. Keeping the fee separate from the EMI reflects how it's actually charged in practice, as an upfront deduction from the disbursed amount, rather than folding it into the interest rate, so you can compare loan offers with different fee structures on a genuinely apples-to-apples total-cost basis rather than by EMI alone.
Worked example
₹10,00,000 at 12% for 60 months
Result: ₹22,244/month
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