Monthly EMI: ₹34,902 at 14% for 5 years. Total interest: ₹5,94,120.
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With a ₹15 Lakh business loan from Bajaj Finserv at 14% for 5 years, you will pay a monthly EMI of ₹34,902. The total amount payable is ₹20,94,120, of which ₹5,94,120 is interest.
At 14% interest rate for 5 years, the EMI for ₹15 Lakh Business Loan from Bajaj Finserv is ₹34,902 per month. Total interest payable: ₹5,94,120.
Bajaj Finserv offers Business Loan at 14.00 - 26.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹15 Lakh at 14% for 5 years, you would pay approximately ₹5,94,120 as total interest, making the total repayment ₹20,94,120.
Bajaj Finserv's prepayment policy for Business Loan: Charges apply. Making prepayments can significantly reduce your total interest outgo.
Bajaj Finserv offers competitive rates starting from 14.00 - 26.00% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹15 Lakh business loan.