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Equated Monthly Instalment depends on the principal loan amount, the interest rate charged and the period for which the loan is taken. We provide Business Loans with loan tenure up to 36 months.
You can choose your EMI amount that you are comfortable with by using the Business Loans EMI calculator.
No one understands your business better than you and that’s why we leave it up to you to customise your business loan repayment. You will be in full control of your business loans with us.
You can decide how you want to repay the Business Loan. For a fixed amount of loan and interest, you can choose the tenure and EMI you are comfortable with. The longer the tenure, lower will be the EMI. You can also prepay your loan after meeting defined terms and conditions.
You can pay your loan through auto debit or ECS facility. In exceptional cases, you can also opt for a post-dated cheque payment facility.
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