AYE Finance Business Loan EMI Calculator

The AYE Finance Business Loan EMI calculator helps you compare different loan scenarios by adjusting the loan amount, tenure, and interest rate. You can view the estimated EMI, total interest payable, and overall repayment amount, making it easier to plan borrowing and manage your business budget effectively.

The calculator is easy to use. Simply, follow these steps to calculate business loan EMI accurately:

1. Enter the loan amount - Use the input box or slider to select the total amount you plan to borrow
2. Adjust the interest rate - Increase or decrease the applicable annual interest rate using the ‘+’ or ‘–’ buttons
3. Select the loan tenure - Choose your preferred repayment period in months using the input field or controls
4. Review the results - The calculator instantly shows your estimated monthly EMI, total interest payable, and the overall repayment amount

This allows you to calculate Aye Finance Business Loan EMI and assess the repayment impact clearly before applying for a loan.

The calculator calculates EMIs using a standard loan repayment formula that factors in the loan amount, interest rate, and tenure.

EMI Formula

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

EMI Examples

Maximum loan and tenure:

• Loan amount: ₹2,00,000
• Interest rate: 29.50% p.a.
• Tenure: 30 months
• Estimated EMI: ~₹9,500 per month

Minimum loan and tenure:

• Loan amount: ₹15,000
• Interest rate: 29.50% p.a.
• Tenure: 12 months
• Estimated EMI: ~₹1,600 per month

Processing fee: Up to 2% of the loan amount. This affects the total borrowing cost but is not included in EMI calculations.

Disclaimer: Actual EMIs may vary based on final loan terms.

Your AYE Finance Business Loan EMI is determined by a few clear variables. Knowing how each factor works helps you estimate repayments accurately and choose loan terms that suit your cash flow.

Loan Amount

A higher loan amount increases the EMI because interest is calculated on a larger principal. Borrowing only what your business needs helps keep monthly repayments manageable.

Interest Rate

The interest rate has a direct impact on the EMI and the total repayment amount. Even a small increase in the rate raises the monthly instalment and overall interest paid over the loan tenure.

Repayment Tenure

A longer tenure lowers the EMI but increases the total interest cost over time. A shorter tenure results in higher EMIs but reduces the total interest outgo. Selecting the right tenure depends on your business’s monthly repayment capacity.

These factors work together, which is why using an AYE Finance Business Loan EMI calculator gives a clearer picture than estimating repayments manually.

AYE Finance offers multiple digital payment options to ensure timely and convenient EMI repayments. Common payment methods include:

UPI

You can pay your EMI using UPI apps linked to your bank account. This method allows quick payments without logging into a separate portal.

Net banking

EMIs can be paid through your bank’s net banking facility by transferring funds directly to the designated AYE Finance account.

Debit card

Some repayments may be supported via debit card transactions, depending on your bank and payment gateway availability.

Auto-debit (NACH mandate)

You can set up an automatic monthly debit from your bank account. This reduces the risk of missed payments and late charges.

Paying EMIs on time helps maintain a healthy repayment record and avoids penalties or additional interest.