Ambit Finvest Business Loan EMI Calculator

Follow these simple steps to get an EMI estimate:

1. Enter the loan amount - Add the amount you plan to borrow for your business
2. Enter and adjust the interest rate - Enter the applicable annual interest rate offered by Ambit Finvest by using the +/- buttons
3. Select the loan tenure - Choose the repayment period in months
4. View your EMI instantly - The calculator automatically shows your estimated monthly EMI based on the entered details on the left side of the screen

This process helps you quickly calculate Ambit Finvest Business Loan EMI and understand your repayment obligation before applying.

Understanding how your EMI is calculated helps you judge affordability more accurately. Below is a clear explanation using the standard EMI formula, followed by practical examples based on the given loan terms.

EMI Formula Used

EMI = [P × R × (1 + R)^N] ÷ [(1 + R)^N − 1]

Where:

• P = Loan amount
• R = Monthly interest rate (annual rate ÷ 12 ÷ 100)
• N = Loan tenure in months
  
  

This is the formula used by an Ambit Finvest Business Loan EMI calculator to arrive at monthly repayment amounts.

Example EMI Calculations

• Loan range: ₹1 lakh – ₹2 lakh
• Interest rate: 20% per annum (starting)
• Monthly interest rate (R): 20 ÷ 12 ÷ 100 = 0.01667
• Processing fee: 3% of loan amount (charged separately, not included in EMI)

Example 1: Maximum Loan Amount with Minimum Tenure

• Loan amount (P): ₹2,00,000
• Tenure (N): 12 months

Calculated EMI: ≈ ₹18,550 per month

• Total EMI paid over 12 months: ≈ ₹2,22,600
• Processing fee (3%): ₹6,000

The processing fee is usually deducted upfront or charged separately

Example 2: Maximum Loan Amount with Maximum Tenure

• Loan amount (P): ₹2,00,000
• Tenure (N): 36 months
• Calculated EMI: ≈ ₹7,430 per month

• Total EMI paid over 36 months: ≈ ₹2,67,480
• Processing fee (3%): ₹6,000

Key Points to Note

• Longer tenures reduce the EMI but increase total interest paid
• Processing fees do not reduce the EMI but affect the net amount received
• Actual EMIs may vary based on the final interest rate approved by Ambit Finvest

Using an Ambit Finvest Business Loan calculator allows you to adjust the loan amount and tenure to instantly see how repayments change.

Several clearly defined factors determine how much you pay each month as EMI. Understanding these helps you plan repayments realistically and avoid affordability issues.

Interest Rate

The interest rate directly affects the EMI amount. A higher rate increases the interest component of each instalment, raising the EMI. The final rate is usually based on factors such as business vintage, turnover, credit history, and overall risk assessment. Even a small change in the interest rate can significantly impact monthly repayments.

Loan Amount

The loan amount has a direct and proportional impact on EMI. Borrowing a higher amount increases the EMI because both the principal and interest components rise. A lower loan amount results in smaller monthly instalments and lower overall repayment.

Repayment Tenure

Loan tenure determines how long it takes you to repay the loan. A longer tenure reduces the EMI by spreading repayments over more months, but it increases the total interest paid. A shorter tenure increases the EMI but lowers the total interest cost and allows faster loan closure.

These factors work together in an Ambit Finvest Business Loan calculator, allowing you to adjust inputs and see how changes affect your monthly EMI before making a borrowing decision.

You can settle your monthly installments through any of the following secure digital modes:

• Automated Clearing (Auto-Debit/NACH): The most recommended method for business owners. By setting up an automated mandate, your EMI is deducted directly from your registered bank account on the due date. This ensures you never miss a payment, even during busy business cycles.
• Unified Payments Interface (UPI): For quick, manual repayments, you can use the official Ambit Finvest app, BBPS (Bharat Bill Pay System), or scan a designated QR code. This is ideal for those who prefer instant payment confirmation via platforms like GPay, PhonePe, or Paytm.
• Debit & Credit Card Payments: You can facilitate one-time payments through the customer portal using your Business Debit or Credit Card. This offers flexibility if you wish to use a different funding source for a specific month.
• Net Banking: Access the secure payment gateway on the Ambit Finvest website to transfer your EMI directly from your business or savings account.