Business Loan EMI for ₹10 Lakh — Monthly Payment Calculator
Your EMI for a ₹10,00,000 business loan at 14% is ₹23,268/month for 5 years.
Your Monthly EMI
₹23,268
Principal
₹10,00,000
Total Interest
₹3,96,095
Total Payable
₹13,96,095
Breakdown
Principal: ₹10,00,000 (72%)
Interest: ₹3,96,095 (28%)
Interest-to-Principal: 39.6%
📊 Interactive EMI Breakdown
Principal vs Interest
Year-by-Year Payment Split
Scenario Comparison
| Metric | Your plan | +1% Interest (15.0%) | +12 Months (72mo) |
|---|---|---|---|
| Monthly EMI | ₹23,268 | ₹23,790 ↑ ₹522 | ₹20,606 ↓ ₹2,662 |
| Total Interest | ₹3,96,095 | ₹4,27,396 ↑ ₹31,301 | ₹4,83,613 ↑ ₹87,518 |
| Total Payable | ₹13,96,095 | ₹14,27,396 | ₹14,83,613 |
💡 Understanding Your ₹10 Lakh Business Loan EMI
₹10 Lakh is the upper limit of Mudra loans (TARUN category) and covers significant business needs — setting up a new retail shop, purchasing commercial equipment, expanding inventory, or hiring initial staff. At 14% over 5 years, your EMI is ₹23,268 with total interest of ₹3,96,080 (40% premium). Your business needs monthly revenue of ₹70,000+ to comfortably service this alongside other expenses.
At ₹10 Lakh, the product choice matters: (1) Term loan: fixed EMI, suited for one-time purchases (equipment, renovation). (2) Working capital loan: flexible drawdown, interest only on utilized amount — ideal for inventory or seasonal businesses. (3) Overdraft (OD) facility: revolving credit line, repay and redraw as needed. For a ₹10 Lakh OD at 14%, you pay interest only on the used portion — if you use ₹5 Lakh for 15 days, interest is just ₹2,877 vs ₹11,634 EMI for term loan. Ask your bank about OD against business account.