EMI stands for Equated Monthly Installment. In simple words, it is the amount that you repay to the financial institution on a monthly basis. This amount is calculated based on the loan amount, rate of interest, and tenure of the loan. At Surjit Finance we understand each business is unique and to suite your business requirement we provide multiple repayment frequency options; daily / weekly / fortnightly and monthly.
Surjit Finance Business Loan EMI calculator helps you calculate daily and monthly payments on your business loan.The calculator help you determine the amount you need to pay, helping you to opt loan amount that matches your short-term requirement. Thus helping you facilitate your working capital planning.
A business loan calculator is simple to use. You need to enter the loan amount, Tenor (monthly) and rate of interest and you will know how much amount you need to repay.