KreditBee Business Loan EMI Calculator

Check and compare your KreditBee Business Loan EMI with other options available on Bajaj Markets using this calculator.

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This tool enables you to enter the loan amount, tenure, and interest rate, providing a precise calculation of your expected EMI and a clear understanding of your repayment commitments.

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Your Business Loan EMI
₹ 108,457
Total Interest Amount
₹ 904,459
Principal Amount
₹ 3,000,000
Total Payable Amount
₹ 3,904,459
Loan Amount i
Interest Rate
- +
Min value reached
Max value reached
Tenure
- +
Min value reached
Max value reached

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

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

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Instant Results

You get the results instantly after you input the values.

Less Prone to Errors

Using the calculator eliminates the risk of errors that may arise due to manual calculations.

Easy to Use

You only have to input loan amount, interest rate and tenure to calculate the EMI amount. You can use it multiple times to check loan amounts at varying tenures or interest rates.

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Mathematically, the formula for KreditBee EMI calculation can be expressed as:

EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where

  • P = Principal or your loan amount.

  • R = Rate of interest.

  • N = Number of months, or your repayment tenure.

Let’s say:

  • 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

Hence, the monthly EMI for this loan amount 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.

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.

Other Bajaj Markets Business Loan Partners Interest Rates

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FAQs for KreditBee Business Loan EMI Calculator

KreditBee Business Loan
What is the interest rate in KreditBee?

For business loans up to a maximum of ₹30 Lakhs, the interest rate from 18% p.a. onwards.

Yes, your CIBIL score is checked before approving the business loan.

If you have a good credit score above 750, it will improve your chances of availing KreditBee business loans. A credit score below 750 would mean you have a bad repayment history, which would make it difficult for you to get a loan.

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