Monthly EMI: ₹65,978 at 11.5% for 5 years. Total interest: ₹9,58,680.
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With a ₹30 Lakh business loan from HDFC Bank at 11.5% for 5 years, you will pay a monthly EMI of ₹65,978. The total amount payable is ₹39,58,680, of which ₹9,58,680 is interest.
At 11.5% interest rate for 5 years, the EMI for ₹30 Lakh Business Loan from HDFC Bank is ₹65,978 per month. Total interest payable: ₹9,58,680.
HDFC Bank offers Business Loan at 11.50 - 18.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹30 Lakh at 11.5% for 5 years, you would pay approximately ₹9,58,680 as total interest, making the total repayment ₹39,58,680.
HDFC Bank's prepayment policy for Business Loan: 4% of outstanding. Making prepayments can significantly reduce your total interest outgo.
HDFC Bank offers competitive rates starting from 11.50 - 18.00% with tenure up to 5 years. Compare with other banks on this page to find the best option for your ₹30 Lakh business loan.