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How to Calculate Business Loan Interest

Name: ZipLoan
Address: 608 - 610, 6th Floor, Kailash Building, 26 K.G.Marg, 110001
Telephone: 011-4084-4613

ZipLoan offers small business loans at easy to meet eligibility criteria and minimal documents. Our small business loan rates are very competitive and affordable.

Business Loan Interest Calculation

Interest cost depends on the principal amount that you have borrowed and the loan tenor for which you have availed the loan.

The basic formula to calculate the small business loan rates is:

E = P x r x (1 + r)^ ((1+r)^n-1)

Where:

E = EMI
P = principal loan amount
R = rate of interest calculated on a monthly basis
N = duration or tenor of the loan

You can also check the interest component on your business loan amount on our business loan EMI calculator for free.

Your loan amount requirement?^*

upto 3 lacs

3 - 5 lacs

Above 5 lacs

First Name^*

Last Name^*

Mobile no.^*

E-mail Id

ZipLoan is the Lender of Choice for Small Businesses.

Minimal Documentation

No balance sheet needed

No Prepayment Charges

After first 6 EMIs

Receive Funds Within 3 Days^*

Straight into your account

Quick Links

Business Loan Documents MSME Loan SME Loan CGTMSE MSME Registration Udyog Aadhar MSME Full Form GST Registration

Solving Real problems

Ram Yadav

I have been running my business for over twelve years but have not been able to undertake expansion activities. I applied to Ziploan and they cleared my loan application in a very short span of time.

Kanchan Lata

I approached Ziploan for an equipment finance loan. Their eligibility criterion was easy to fulfill because it required only 2 years ITR and 10 lacs of annual banking credit.

Babu Lal

I always thought that loans and credit facilities were only available to large businesses with significant turnover. I never thought I would be eligible to qualify for a business loan too. Ziploan is boon for small enterprises like me.

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