Personal Loan for Small Business — EMI Calculator

Need quick working capital? Fund inventory, equipment, or shop renovation without complex business loan requirements. Apply online, get funds in 24 hours.

Loan Amount

₹

₹50,000₹20,00,000

Interest Rate (p.a.)

10.0%36.0%

Loan Tenure

12 Mo60 Mo

Monthly EMI

₹34,045

Total Interest

₹2,00,608

Total Payment

₹12,25,608

Monthly EMI

₹34,045

Principal Amount

₹10,25,000 (83.6%)

Total Interest

₹2,00,608 (16.4%)

Amortization Schedule

Year	Principal	Interest	Total Paid	Balance
Year 1	₹3,01,779	₹1,06,761	₹4,08,540	₹7,23,221
Year 2	₹3,40,053	₹68,487	₹4,08,540	₹3,83,168
Year 3	₹3,83,168	₹25,360	₹4,08,540	₹0

₹10,25,000 Loan EMI at Different Rates & Tenures

Monthly EMI for a ₹10,25,000 personal loan across common interest rates and repayment periods.

Rate ↓ / Tenure →	12 mo	24 mo	36 mo	48 mo	60 mo
10%	₹90,114	₹47,299	₹33,074	₹25,997	₹21,778
12%	₹91,070	₹48,250	₹34,045	₹26,992	₹22,801
14%	₹92,032	₹49,213	₹35,032	₹28,010	₹23,850
16%	₹92,999	₹50,187	₹36,036	₹29,049	₹24,926
18%	₹93,972	₹51,172	₹37,056	₹30,109	₹26,028
24%	₹96,924	₹54,193	₹40,214	₹33,417	₹29,487

EMI Example: ₹10,25,000 at 11.99% for 36 Months

Loan Amount: ₹10,25,000

Interest Rate: 11.99% p.a.

Tenure: 36 months

Monthly EMI: ₹34,040

Total Interest: ₹2,00,440

Total Payment: ₹12,25,440

Key Features

✓Faster than business loans

✓No business vintage required

✓Accepts self-employed income

Recommended Lenders for Personal Loan for Small Business

Fullerton India

Rate: 11.99%-36%

Amount: up to ₹25,00,000

CIBIL: 650+

Disbursal: 24-48 hours

Calculate EMI →|View Details

Bajaj Finserv

Rate: 11%-34%

Amount: up to ₹40,00,000

CIBIL: 685+

Disbursal: 24 hours

Calculate EMI →|View Details

IIFL Finance

Rate: 12.75%-44%

Amount: up to ₹5,00,000

CIBIL: 600+

Disbursal: 24 hours

Calculate EMI →|View Details

MoneyView

Rate: 15.96%-39.99%

Amount: up to ₹10,00,000

CIBIL: 600+

Disbursal: 24 hours

Calculate EMI →|View Details

Home Credit

Rate: 19%-56%

Amount: up to ₹2,00,000

CIBIL: Not required

Disbursal: 48 hours

Calculate EMI →|View Details

Frequently Asked Questions

What is the EMI for a personal loan for business?

For a ₹10,25,000 personal loan for business at 11.99% interest for 36 months, the EMI is approximately ₹34,040 per month. Total interest: ₹2,00,440. Adjust the calculator above to match your specific needs.

What is the typical loan amount for personal loan for small business?

Personal Loan for Small Business amounts typically range from ₹50,000 to ₹20,00,000, with the most common tenure being 12-60 months. The exact amount you qualify for depends on your income, credit score, and existing obligations.

Which lender is best for personal loan for small business?

Top recommended lenders include Fullerton India (from 11.99%), Bajaj Finserv (from 11%), IIFL Finance (from 12.75%). The best lender for you depends on your credit profile — GoCredit compares 55+ lenders simultaneously.

Do I need collateral for personal loan for small business?

No. Personal loans are unsecured — you do not need to pledge any property, gold, or assets as collateral. Approval is based on your income, credit score, and repayment capacity. This makes personal loans faster to get than secured loans like home or gold loans.

How fast can I get a personal loan for business?

Many lenders disburse personal loans within 24-48 hours. Among recommended lenders, Fullerton India offers disbursal in 24-48 hours. Digital lenders often have same-day disbursal for approved applicants.