Ambit Finvest Business Loan EMI Calculator

Yes, the Ambit Finvest Business Loan EMI Calculator provides a reliable estimate based on loan terms. However, the actual EMI may vary due to lender-specific charges, processing fees, or changes in interest rates.

Calculating EMI in advance aids financial planning by offering a clear repayment estimate. It helps keep the loan within budget, avoiding financial strain and late payment penalties. It also allows for comparing loan options to choose the most suitable repayment term.

Yes, you can lower your EMI and interest payments by:

• Choosing a longer tenure lowers EMIs but increases total interest paid

• Negotiating a lower interest rate with a strong credit score

• Making prepayments to reduce the outstanding principal and future interest

Here are details for both the eligibility and documentation required for applying for a business loan from Ambit Finvest:

Eligibility

• Your age must be between 23 and 60 years

• Your business must have been operational for more than 3 years

• You should have a CIBIL score of 675 or higher

• Your business must have an annual turnover of ₹50 Lakhs, if you opt for an high-ticket loan

Documents Required

To apply, you will typically need the following documents:

• Bank Statement

• KYC Documents

  • PAN card

  • Aadhaar card

  • Passport 

  • Voter ID

• GST Number