Calculators · Business loan
Plan the loan. Then grow the business.
Working capital, equipment, expansion — see the exact monthly outflow before you commit. Rates from 12% p.a., tenures up to 84 months, amounts up to ₹40 Lakhs.
Business loan EMIs for MSMEs
Unsecured business loans in India typically price between 12% and 28% p.a. depending on business vintage, turnover and the promoter's credit history. Most lenders want at least 1–2 years of operations and ₹10–15 Lakhs annual turnover.
Match the tenure to what the money earns: short tenures for working-capital gaps, longer ones for equipment whose returns arrive over years. Keep the EMI below the cash the new capacity generates, not just below what the business can currently spare.
CGTMSE: collateral-free up to ₹5 Crore
If you're a micro or small enterprise, CGTMSE-backed loans offer a government guarantee instead of collateral — often at better rates than unsecured business loans. Samridhya lenders offer CGTMSE-covered loans up to ₹5 Crore; the EMI math here applies the same way.
Common questions.
What is the EMI on a ₹10 Lakh business loan?
At 12% p.a. for 48 months, the EMI is about ₹26,334, with total interest around ₹2.64 Lakhs. At 24 months the EMI rises to about ₹47,073 but interest drops to roughly ₹1.3 Lakhs.
What documents do I need for a business loan?
Typically PAN, GST registration, 6–12 months of bank statements, and ITRs for 1–2 years. On Samridhya the upload is fully digital and one application reaches multiple lenders.
Can I get a business loan without collateral?
Yes — unsecured business loans up to ₹40 Lakhs, and CGTMSE-guaranteed loans up to ₹5 Crore for eligible micro and small enterprises, need no collateral.
Is a flat rate or reducing rate better for business loans?
Always compare on the reducing-balance basis. A 12% flat rate equals roughly 21% reducing on a 3-year loan. Use our flat vs reducing calculator to convert any quote.