Are you ready for an upgrade?
Login to the new experience with best features and services
Notifications
-
As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
-
Activate your Credit Card within minutes and enjoy unlimited benefits
Accounts
Deposits
Loans
- IDFC FIRST Bank Loans
-
Personal Loan
-
Consumer Durable
Loan -
Home Loan
-
Business Loan
-
Professional Loan
-
Education Loan
-
New Car Loan
-
Pre-owned Car Loan
-
Two Wheeler Loan
-
Pre-owned Two
Wheeler Loan -
Commercial Vehicle
Loan -
Gold Loan
-
Loan Against Property
-
Loan Against Securities
-
Easy Buy EMI card
-
Personal Loan
EMI Calculator -
Education Loan
EMI Calculator -
Home Loan
EMI Calculator
Wealth & Insure
Payments
Cards
- IDFC FIRST Bank Cards
-
Ashva :
Metal Credit Card -
Mayura :
Metal Credit Card -
FIRST Millennia
Credit Card -
FIRST Classic
Credit Card -
FIRST Select
Credit Card -
FIRST Wealth
Credit Card -
FIRST WOW!
Credit Card -
Deals
-
Debit Cards
-
Co-branded Cards
-
Credit Card
EMI Calculator -
FIRST Corporate
Credit Card -
FIRST Purchase
Credit Card -
FIRST Business
Credit Card
Premium Metal
0% Forex & Travel
- Best for travellers
-
MayuraZero ForexMetal₹5,999
-
Ashva1% ForexMetal₹2,999
-
FIRST WOW!Zero ForexTravelLifetime Free
-
FIRST SWYPTravel OffersEMI₹499
-
FIRST Select1.99% ForexLifestyleLifetime Free
-
FIRST Wealth1.5% ForexLifestyleLifetime Free
-
Club VistaraTravelLifestyle₹4,999
-
IndiGo IDFC FIRST Dual Credit CardTravelLifestyle₹4,999
Lifetime Free
- Max benefits, Free for life
-
FIRST Classic10X RewardsShoppingNever Expiring Rewards
-
FIRST Millennia10X RewardsShoppingNever Expiring Rewards
-
FIRST Select10X RewardsLifestyle1.99% Forex
-
FIRST Wealth10X RewardsLifestyle1.5% Forex
-
FIRST WOW!RewardsTravelZero Forex
-
LIC ClassicRewardsInsuranceShopping
-
LIC SelectRewardsInsuranceShopping
10X Rewards
- Reward Multipliers
-
AshvaLifestyleMetal₹2,999
-
MayuraLifestyleZero Forex₹5,999
-
FIRST ClassicNever Expiring RewardsShoppingLifetime Free
-
FIRST MillenniaNever Expiring RewardsShoppingLifetime Free
-
FIRST SelectNever Expiring RewardsLifestyleLifetime Free
-
FIRST WealthNever Expiring RewardsLifestyleLifetime Free
UPI Cards
Fuel & Utility
Showstopper
Credit Builder
More
NRI Savings Account
NRI Fixed Deposit
FOREX Solutions
Transfer to NRE
Corporate Account
Cash Management Services
Corporate Lending
Treasury
MSME Accounts
Trade Services
MSME Loan
MSME Solutions
Offers
About Us
Investors
Careers
IDFC FIRST Academy
ESG
A business loan is one of the most effective tools for business owners looking to manage tough periods or accelerate their plans for growth. But before you move ahead, you may wonder how the repayments will fit into your monthly budget. Getting a clear sense of what lies ahead helps you avoid surprises and plan more confidently. That’s where an online business loan EMI calculator comes in.
In this quick-and-easy guide, you will learn how to use a business loan EMI calculator and how to make the most of it.
What does a business loan EMI calculator do?
A business loan EMI calculator helps borrowers like you make informed decisions by giving quick estimates for their loan-related queries. This free online tool can help you in the following ways:
- Calculates the exact Equated Monthly Instalment (EMI) you will need to pay
- Allows you to adjust the loan amount, interest rate, or tenure to test different scenarios
- Saves time by automating complex calculations
- Gives you a clear breakdown of principal and interest components, making it easy to see how much interest on a business loan you are actually paying each month
By using an online business loan EMI calculator, you can factor future EMI payments into your business’ long-term financial projections and growth plans.
How to use a business loan EMI calculator?
Use these simple steps to get started with the IDFC FIRST Bank business loan EMI calculator:
- Go to the IDFC FIRST Bank website
- Open the “Business Loans” section and scroll down to find the business loan EMI calculator
- Enter details such as the loan amount, repayment tenure, and interest rate
- You will now be able to see the EMI amount and the amortisation schedule
So, now you know how to calculate EMI for business loans easily. Next, follow the steps below to apply for an IDFC FIRST Bank business loan:
- On the same page, click on the ‘Apply Now' button
- Enter your mobile number and click on the ‘Submit’ button
- A representative from the bank will contact you to take the business loan application forward
With IDFC FIRST Bank business loans, you can acquire collateral-free fundings of up to ₹1 crore to support your business. The bank offers a competitive interest rate starting from 12.99% per annum for extended tenures ranging from 12 months to 48 months. You can also opt for quick fundings of up to ₹50 lakhs based on your business banking statement or GST returns to meet your urgent business requirements.
Benefits of using the IDFC FIRST Bank business loan EMI calculator
You can enjoy several notable benefits by using this online tool from IDFC FIRST Bank:
- Quick results:
- Accurate estimates:
- Flexible planning:
- Free and accessible:
- Confident decisions:
A user-friendly interface makes it extremely simple and quick to calculate your EMI and save valuable time.
Reliable algorithms ensure accurate and instant results every time.
Easily change the loan amount, tenure, or interest rate to see how different scenarios affect your EMI and total repayment.
The calculator is available online at no cost and can be accessed anytime.
With reliable information, you can make informed borrowing choices, reduce uncertainty, and avoid financial surprises.
With this tool, understanding how to calculate business loan interest and total EMIs becomes straightforward. Hence, you are always aware of your financial commitments from start to finish.
Conclusion
A business loan EMI calculator empowers business owners and managers to better plan their application for an IDFC FIRST Bank business loan. You benefit from collateral-free funding, competitive business loan interest rates, flexible repayment options, a simple documentation process, transparent terms, and dedicated assistance. In simple words, your business gets the financial support it truly needs to grow and thrive!
Learn more about IDFC FIRST Bank business loans and apply today!
Disclaimer
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.