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AYE Finance Business Loan EMI Calculator

Use the Aye Finance Business Loan EMI calculator to check the probable EMI amount of your loan offer.

Your Business Loan EMI

₹ 4,751

Total Interest Amount

₹ 42,538

Principal Amount

₹ 100,000

Total Payable Amount

₹ 142,538

Loan Amount

Interest Rate

- +

Tenure

- +

Check Offer

You can also make instant comparisons between loan offers from multiple Business Loan providers on Bajaj Markets.

How to Calculate Aye Finance Business Loan EMI

The EMI (Equated Monthly Instalment) for an Aye Finance Business Loan is calculated using the following formula:

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

where:

P = Loan Amount (Principal)
R = Monthly Interest Rate (Annual interest rate divided by 12)
N = Loan Tenure in Months

Let’s assume:

Loan Amount (P): ₹10,00,000
Annual Interest Rate: 29.5% (so the monthly interest rate, R, is 29.5 ÷ 12 = 2.458% or 0.02458)
Loan Tenure (N): 24 months

EMI = [10,00,000 × 0.02458 × (1 + 0.02458)^24] ÷ [(1 + 0.02458)^24 - 1]

EMI = [10,00,000 × 0.02458 × 1.73378] ÷ [1.73378 - 1]

EMI = [42,609.86] ÷ [0.73378]

EMI = ₹53,174

So, the monthly EMI for this loan will be approximately ₹53,174.

Note: Use the business loan EMI calculator for accurate EMI calculations based on your loan amount, interest rate, and tenure.

Benefits of Using Aye Finance Business Loan EMI Calculator

Convenient and easy

The calculation of the EMI amount using an EMI calculator is a much more convenient and easy way to calculate the amount.

Fast

Being an online tool, it is fast and gives results at your fingertips in seconds.

Accurate

No manual method could beat the accuracy of calculators. Its accuracy is on point and is trusted by most of our users.

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Compare Aye Finance Business Loan Interest Rates with Other Partners

Aditya Birla Finance Limited

Max Loan Amount

₹10 Lakhs

Min Interest Rate

22% p.a.

Max Tenure

36 months

Processing Fee

3% to 4% of the loan amount + GST

Ambit Finvest

Max Loan Amount

₹50 Lakhs

Min Interest Rate

20% p.a.

Max Tenure

36 months

Processing Fee

Up to 2% of the loan amount

AYE Finance

Max Loan Amount

₹2 Lakhs

Min Interest Rate

29.50% p.a.

Max Tenure

30 months

Processing Fee

2.5% of the loan amount + GST

Bajaj Finance Limited

Max Loan Amount

₹30 Lakhs

Min Interest Rate

14% p.a.

Max Tenure

96 months

Processing Fee

Up to 3.54% (Inclusive of applicable taxes) of the loan amount

FlexiLoans

Max Loan Amount

₹50 Lakhs

Min Interest Rate

18% p.a.

Max Tenure

36 months

Processing Fee

Up to 2.5% of the loan amount

IIFL Finance

Max Loan Amount

₹30 Lakhs

Min Interest Rate

16.50% p.a.

Max Tenure

48 months

Processing Fee

2% to 6% of the loan amount + GST

InCred

Max Loan Amount

₹3 Lakhs

Min Interest Rate

24% p.a.

Max Tenure

60 months

Processing Fee

2% to 5% of the loan amount

Indifi

Max Loan Amount

₹30 Lakhs

Min Interest Rate

22% p.a.

Max Tenure

36 months

Processing Fee

Up to 3% of the loan amount + GST

KreditBee

Max Loan Amount

₹30 Lakhs

Min Interest Rate

18% p.a.

Max Tenure

36 months

Processing Fee

Up to 3% of the loan amount

Lendingkart

Max Loan Amount

₹35 Lakhs

Min Interest Rate

19.20% p.a.

Max Tenure

36 months

Processing Fee

Up to 3% of the loan amount

Protium

Max Loan Amount

₹35 Lakhs

Min Interest Rate

20.5% p.a.

Max Tenure

36 months

Processing Fee

1% to 6% of the loan amount

Credit Saison

Max Loan Amount

₹10 Lakhs

Min Interest Rate

22% p.a.

Max Tenure

36 months

Processing Fee

2.5% onwards of the loan amount

UGRO Capital

Max Loan Amount

₹50 Lakhs

Min Interest Rate

24% p.a.

Max Tenure

72 months

Processing Fee

Nil

Other Bajaj Markets Business Loan Partners EMI Calculators

Other Bajaj Markets Business Loan Partners Interest Rate

FAQs on AYE Finance Business Loan EMI Calculator

AYE Finance Business Loan

How do I calculate AYE Finance Business Loan EMI?

You can either use the online calculator or the manual formula to calculate the loan amount.

Does the loan tenure affect my EMI for AYE Finance business loan?

Yes, the loan tenure will directly affect the EMI amount of the business loan.

What are the minimum and maximum loan amounts from AYE Finance?

The minimum loan amount that can be availed from AYE Finance is ₹50,000 while the maximum amount is ₹25,00,000. A strong CIBIL score can improve your chances of securing a higher loan amount.

What are the various benefits of a business loan from AYE Finance?

The benefits include quick disbursal, zero hidden charges, flexible tenure etc.

Do you need to have a guarantor for an Aye Finance Business Loan?

No, you do not require a guarantor to apply for a loan from AYE Finance.