Guwahati, March 26 -- Learn how to calculate EMI for a ?10 lakh business loan with an EMI calculator to plan repayment efficiently.

When the business loan amount and tenure are fixed, the interest rate becomes the most important factor that affects your Equated Monthly Installment (EMI). Higher EMIs might make it challenging to stay on track to repay the loan. You can calculate ?10 Lakh business loan EMI for 5 years for different interest rates to determine how much money you have to pay monthly and manage your finances accordingly.

The table below shows the interest rate, maximum loan amount, loan tenure, and other details offered by some financial institutions and platforms in India:

Disclaimer: All interest rates listed above are su...