Monthly EMI: ₹1,09,963 at 11.5% for 5 years. Total interest: ₹15,97,780.
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With a ₹50 Lakh business loan from HDFC Bank at 11.5% for 5 years, you will pay a monthly EMI of ₹1,09,963. The total amount payable is ₹65,97,780, of which ₹15,97,780 is interest.
At 11.5% interest rate for 5 years, the EMI for ₹50 Lakh Business Loan from HDFC Bank is ₹1,09,963 per month. Total interest payable: ₹15,97,780.
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 ₹50 Lakh at 11.5% for 5 years, you would pay approximately ₹15,97,780 as total interest, making the total repayment ₹65,97,780.
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 ₹50 Lakh business loan.