My Account Customer Portal
EMI EMI Card
Shop on App Shop on App
ONDC_Header_Steal Deals Steal Deals
Hi Guest
Customer Portal My Report
Logout

IIFL Finance Business Loan EMI Calculator

Know about the EMI amount of your IIFL Finance Business Loan and compare it with other options with this calculator on Bajaj Markets. You can check the instalment amount, total interest charges payable, and the overall cost of the loan.

...

With this, you can help you get deeper insights into the repayment of your loan and plan for any prepayment accordingly.

 Read More
Your Business Loan EMI
₹ 85,791
Total Interest Amount
₹ 1,117,969
Principal Amount
₹ 3,000,000
Total Payable Amount
₹ 4,117,969
Loan Amount i
Interest Rate
- +
Min value reached
Max value reached
Tenure
Months drop-down-img
  • Years
- +
Min value reached
Max value reached
Check Offer

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

...

You can also evaluate the total interest amount and overall payable amount for better financial planning and budgeting.

 Read More

Let’s say you borrow ₹30,00,000 at an interest rate of 16.50% p.a. for a tenure of 48 months. Substitute these values in the following formula to calculate the EMI of your IIFL Finance Business Loan:

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

Here:

  • P = The borrowed loan amount

  • R = Monthly rate of interest (annual rate divided by 12)

  • N = Loan tenure in months

Thus,

  • P = ₹3,00,000

  • R = (16.50 ÷ 12) ÷ 100 = 0.0137

  • N = 48

By applying the values, your EMI would be approximately ₹8,430. Calculating manually can be time-consuming and error-prone. Use the business loan EMI calculator available on above for accurate and instant results. This tool simplifies complex calculations and ensures precision.

Using the IIFL Finance Business Loan EMI Calculator is fairly easy. All you need to do is follow the steps given below to get more clarity on the EMI you have to pay. 

  1. Head to the calculator on this page

  2. Enter the principal amount of your IIFL Finance Business Loan

  3. Enter the interest rate of your loan

  4. Fill in the details of the repayment tenure you have chosen

Here are the benefits you could receive if you use a IIFL Finance Business Loan EMI Calculator to plan your finances.

Free Tool

The IIFL Finance Business Loan EMI Calculator is free-to-use. You can use  the calculator anytime and don’t have to pay anything to use it online.

Easy to Use

Using an online calculator to check the EMI you have to pay is a convenient and time-saving process. You can do this from the comfort of your home.

Instant Accurate Results

The IIFL Finance Business Loan Calculator gives you instant and accurate results in a moment. This will save your time and help you plan your loans right away.

Better Loan Management

With the help of this EMI calculator, you can get a better idea of how different loan amounts and tenures affect your EMIs. This will make loan management easier and more accurate.
View More

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.

FAQs on IIFL Finance Business Loan EMI Calculator

IIFL Finance Business Loan EMI Calculator
What is the calculation of IIFL Finance Business Loan EMI?

IIFL Finance Business Loan EMI is calculated based on the loan amount, interest rate and repayment tenure. The formula for EMI is EMI = P x R x (1+R)N / [(1+R)N-1], where P stands for the Principal amount, R for the Rate of interest and N for the Number of monthly instalments. You can use a IIFL Finance Business Loan EMI Calculator available online for easy EMI calculation.

Yes. Longer the loan tenure, the smaller will be the EMIs of your business loan. Your EMI will be much lower if you get a loan for 5 years instead of 2 years.

Understanding the EMI you have to pay before availing of an IIFL Finance Business Loan will make loan management easier and more accurate. Also, you can compare the EMI with other lenders and see which is the most economical one. This will help you choose better. A good CIBIL score can further improve your chances of securing favourable terms, making the loan more affordable.

A repayment schedule depicts how much you should pay as EMI for your business loan every month. You can use an IIFL Finance Business Loan EMI calculator to compute this and sketch out a repayment schedule.

IIFL Finance Business loans can be availed at interest rates in the range of 12.75% to 33.75% .

View More
Home
Home
ONDC_BD_StealDeals
Steal Deals
Credit Score
Credit Score
Accounts
Accounts
Explore
Explore

Trending Categories

Loans

Personal Loan, Business Loan, Collateral

arrow

Investment

Fixed Deposit, Mutual Fund, NPS, Demat A/C, SGB

arrow

Insurance

General Insurance, Life Insurance, Term Insurance

arrow

Chota Insurance

Assistance, Travel, Health, Lifestyle

arrow

ONDC

Smart Phone, Speaker, EarPhone

arrow

Related Calculators

Personal loan EMI Calculator

Home Loan EMI Calculator

Gold Loan EMI Calculator

Business Loan Eligibility Calculator

Our Products

Personal Loan
Pre-approved
Personal Loan
KreditBee
Olyv
Federal Bank
mPokket
15+
Quick Approval
100% Digital Application
Affordable Interest Rates
Business Loan
Lendingkart
IIFL
Indifi
Credit Saison
10+
Popular Choice
No Documentation
4-step Process
Home Loan
Bajaj Housing Finance
ICICI Bank
L&T Finance
Vridhi Home Finance
10+
Flexible Repayment Tenure
High-value Funding
Zero Prepayment Charges
Home Loan Balance Transfer
Shriram Housing Finance
LIC HFL
PNB Housing Finance
Shubham Housing Finance
7+
Top-up Facility
Minimal Paperwork
Hassle-free Process
Two-wheeler Loan
Bajaj Auto Finance
L&T Financial Services
Muthoot Capital
2+
Pre-approved Offers
Easy Cash Options
Flexible Repayment Tenures
Credit Card
Axis Bank
ICICI Bank
RBL Bank
Rupicard
30+
Promotional Offers
Travel Benefits
Rewards Programs
EMI Card
Bajaj Finserv
1
Zero Forecloseure Charges
High Loan Limit
Flexible Tenure
Fixed Deposit
Bajaj Finance
Yes Bank
PNB Housing Finance
Ujjivan Small Finance Bank
5+
Assured Returns
Credit Facility
Tax Benefits
Mutual Fund
Axis Mutual Fund
Edelweiss Mutual Fund
Union Mutual Fund
Kotak Mahindra Mutual Fund
43+
Tax Benefits
Professional Fund Management
Portfolio Diversification
Demat
Bajaj Financial Securities Limited
1
Instant Transfer
Multiple Access
Collateral for Loan
Health Insurance
TATA AIG
ABHI
BAGIC
Care Health Insurance
4
Cost-effective Policies
Easy Comparison
High Coverage
Car Insurance
TATA AIG
SBI General Insurance
HDFC ERGO
Bajaj Allianz
4
Multiple Covers
No-claim Bonus
Cashless Claim Facility
Bike Insurance
SBI General Health Insurance
HDFC ERGO 2W Insurance
Bajaj Allianz Two Wheeler Insurance
3
Efficient Claim Settlements
Low Premiums
No Claim Bonus
Pocket Insurance
One Assist
ABHI
Niva Bupa
Manipal Cigna
7+
Affordable Premiums
Easy Online Application