Indifi Business Loan EMI Calculator

The Indifi Business Loan EMI calculator is a free-to-use tool available on Bajaj Markets. It enables you to instantly check the probable EMI of your business loan along with the total interest charge payable and the overall cost of the loan.

Your Business Loan EMI

₹ 3,819

Total Interest Amount

₹ 37,486

Principal Amount

₹ 100,000

Total Payable Amount

₹ 137,486

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 Indifi Business Loan EMI

Let’s say you borrow ₹10,00,000 at an interest rate of 18% p.a. for a tenure of 36 months. Substitute these values in the following formula to calculate the EMI of your Indifi 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 = ₹10,00,000
R = (18 ÷ 12) ÷ 100 = 0.015
N = 36

By applying the values, your EMI would be approximately ₹36,152.

Manual calculations can be tedious and prone to errors. The business loan EMI calculator available on Bajaj Markets can be used for accurate and instant results.

Benefits of Using Indifi Business Loan EMI Calculator

Simple Calculation

The Indifi EMI calculator makes the process of EMI calculation simple and easy. All you are required to do is enter details like tenure, rate of interest, and loan amount.

Comparison of Lenders

Since the EMI calculator enables you to find out the EMI amount before getting the business loan, it becomes easy to compare various lenders’ policies and schemes.

Easy Access

The calculator can be accessed anytime and from any place. All you need are the loan details and a good internet connection.

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.

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FAQs for Indifi Business Loan EMI Calculator

How to calculate EMI on Indifi?

You can use the online EMI calculator to calculate the EMI on your Indifi Business Loan. Simply, enter your loan amount, interest rate and tenure to derive it.

What is the benefit of an Indifi business loan?

Indifi Business Loan can help you finance your business-related needs, for e.g., fund the expansion of your enterprise.

What are the minimum and maximum loan amounts from Indifi?

The minimum loan amount that one can get from Indifi is ₹70,000 while the maximum amount is ₹30,00,000.

Does Indifi business loan affect credit score?

Yes, the repayment of your Indifi business loan will impact your credit score.