Term Loan Calculator: Complete Guide to Term Loans in India 2025
The term loan calculator is a comprehensive online tool designed to help you calculate Equated Monthly Installment (EMI) for term loans offered by major Indian banks. Whether you're looking for a term loan calculator SBI, term loan calculator HDFC, term loan calculator Canara Bank, term loan calculator Kotak Mahindra Bank, term loan calculator Union Bank of India, term loan calculator Axis Bank, or a general term loan calculator online, this calculator provides accurate calculations for all major Indian banks. The term loan calculator helps you understand the complete cost of borrowing and plan your finances accordingly, especially useful for term loan calculator business and term loan calculator with moratorium period. You can also export your calculations using the term loan calculator excel free download feature.
💼 What is Term Loan Calculator?
The term loan calculator is a free online tool that helps you calculate your monthly EMI for term loans. Term loans are fixed-term loans typically used for business expansion, equipment purchase, or other capital requirements. The calculator supports:
- Term loan calculator SBI for State Bank of India term loans
- Term loan calculator HDFC for HDFC Bank term loans
- Term loan calculator Canara Bank for Canara Bank term loans
- Term loan calculator Kotak Mahindra Bank for Kotak Mahindra Bank term loans
- Term loan calculator Union Bank of India for Union Bank of India term loans
- Term loan calculator Axis Bank for Axis Bank term loans
- Term loan calculator online for general calculations
- Term loan calculator business for commercial loans
- Term loan calculator with moratorium period for loans with deferred principal repayment
- Term loan calculator excel and term loan calculator excel free download for spreadsheet analysis
- Term loan calculator for 5 years, term loan calculator for 7 years, and term loan calculator for 10 years for specific tenure calculations
💰 Understanding Term Loan Interest Rates
Term loan interest rates vary across different banks in India. As of 2025, most banks offer competitive term loan interest rates typically ranging from 10% to 12% per annum for business loans. Here's a breakdown of interest rates by bank:
- SBI Term Loan: Typically 10.5% - 11.0% per annum, making the term loan calculator SBI popular among businesses
- HDFC Term Loan: Typically 11.0% - 11.5% per annum, with competitive rates for the term loan calculator HDFC
- Canara Bank Term Loan: Typically 10.75% - 11.25% per annum, competitive rates in the term loan calculator Canara Bank
- Kotak Mahindra Bank Term Loan: Typically 11.25% - 11.75% per annum, featured in the term loan calculator Kotak Mahindra Bank
- Union Bank of India Term Loan: Typically 10.75% - 11.25% per annum, competitive rates in the term loan calculator Union Bank of India
- Axis Bank Term Loan: Typically 11.0% - 11.5% per annum, featured in the term loan calculator Axis Bank
The actual interest rate depends on factors such as loan amount, tenure, business profile, creditworthiness, and the bank's current policies. Use the term loan calculator online to compare rates across different banks and find the best option for your business needs.
🏦 Term Loan Features Across Major Banks
Term loans from major Indian banks offer several attractive features:
- Loan Amount: Typically ranging from ₹10 lakhs to ₹50 crores or more, depending on business requirements and eligibility
- Interest Rates: Competitive rates starting from 10% per annum, with variations across banks and loan types
- Repayment Tenure: Flexible repayment options from 1 year to 10 years, allowing you to choose a tenure that suits your cash flow. Use term loan calculator for 5 years, term loan calculator for 7 years, or term loan calculator for 10 years to calculate EMI for specific tenures
- Moratorium Period: Many banks offer moratorium periods where only interest is paid, making the term loan calculator with moratorium period essential for planning
- Quick Disbursement: Fast loan approval and disbursement for eligible businesses
- Flexible Repayment: Various repayment options including EMI, bullet payment, or structured repayments
- Business Focus: Specifically designed for business needs, making the term loan calculator business highly relevant
🧮 How is Term Loan EMI Calculated?
The term loan calculator uses the standard EMI formula to calculate your monthly payment:
EMI = (P × r × (1 + r)^n) / ((1 + r)^n - 1)
Where:
P = Loan Amount (Principal)
r = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100)
n = Loan Tenure in Months (Years × 12 or Months)
Whether you're using the term loan calculator SBI, term loan calculator HDFC, term loan calculator Canara Bank, term loan calculator Kotak Mahindra Bank, term loan calculator Union Bank of India, term loan calculator Axis Bank, or any other bank-specific calculator, the formula remains the same. The term loan calculator online helps you understand the complete cost of borrowing and plan your finances accordingly. For loans with moratorium periods, the calculator adjusts the EMI calculation to account for the interest-only period before principal repayment begins.
📊 Bank-Specific Term Loan Calculators
Different banks offer different features and interest rates for term loans. Here's what to expect from each bank:
Term Loan Calculator SBI
State Bank of India offers competitive term loan rates starting from 10.5% per annum. The term loan calculator SBI helps you calculate EMI for SBI term loans with flexible tenure options from 1 year to 10 years. SBI typically offers loans for business expansion, equipment purchase, and working capital requirements.
Term Loan Calculator HDFC
HDFC Bank offers term loans with interest rates starting from 11.0% per annum. The term loan calculator HDFC helps you calculate EMI for HDFC term loans with quick disbursement and flexible repayment options. HDFC typically offers loans for various business purposes including expansion, modernization, and capital expenditure.
Term Loan Calculator Canara Bank
Canara Bank offers term loans with interest rates starting from 10.75% per annum. The term loan calculator Canara Bank helps you calculate EMI for Canara Bank term loans with competitive rates and flexible terms. Canara Bank typically offers loans for various business purposes including expansion and modernization.
Term Loan Calculator Kotak Mahindra Bank
Kotak Mahindra Bank offers term loans with interest rates starting from 11.25% per annum. The term loan calculator Kotak Mahindra Bank helps you calculate EMI for Kotak Mahindra Bank term loans with competitive rates and flexible repayment options. Kotak Mahindra Bank typically offers loans for business growth and expansion.
Term Loan Calculator Union Bank of India
Union Bank of India offers term loans with interest rates starting from 10.75% per annum. The term loan calculator Union Bank of India helps you calculate EMI for Union Bank of India term loans with competitive rates and flexible terms. Union Bank of India typically offers loans for MSMEs and business expansion.
Term Loan Calculator Axis Bank
Axis Bank offers term loans with interest rates starting from 11.0% per annum. The term loan calculator Axis Bank helps you calculate EMI for Axis Bank term loans with competitive rates and flexible repayment options. Axis Bank typically offers loans for business expansion, equipment purchase, and working capital requirements.
📅 Term Loan with Moratorium Period
Many banks offer term loans with moratorium periods, where borrowers pay only interest during the initial period. The term loan calculator with moratorium period helps you understand:
- Interest payments during the moratorium period
- EMI calculations for the repayment period after moratorium
- Total interest cost including moratorium interest
- Complete repayment schedule with moratorium and repayment phases
💼 Term Loan for Business
The term loan calculator business is specifically designed for commercial loans. Business term loans typically offer:
- Higher loan amounts for business expansion
- Flexible repayment terms based on cash flow
- Moratorium periods for new businesses
- Competitive interest rates for established businesses
- Quick disbursement for urgent business needs
📥 Term Loan Calculator Excel
The term loan calculator excel and term loan calculator excel free download features allow you to:
- Export repayment schedules to Excel/CSV format
- Analyze loan data in spreadsheet applications
- Create custom financial models
- Share loan details with stakeholders
- Track payments and remaining balances
📅 Term Loan Calculator for Specific Tenures
The term loan calculator supports calculations for various tenures:
- Term loan calculator for 5 years: Calculate EMI for 5-year term loans, ideal for medium-term business financing
- Term loan calculator for 7 years: Calculate EMI for 7-year term loans, suitable for longer-term business investments
- Term loan calculator for 10 years: Calculate EMI for 10-year term loans, perfect for long-term capital requirements
✅ Benefits of Using Term Loan Calculator
Using the term loan calculator offers several benefits:
- Accurate Planning: Understand your monthly EMI obligations before taking the loan
- Comparison: Compare loan offers from different banks using the same calculator
- Moratorium Planning: Plan for moratorium periods and understand their impact on total cost
- Business Planning: Plan cash flow for business loans with accurate EMI calculations
- Excel Export: Export schedules for detailed analysis and record-keeping using term loan calculator excel free download
- Complete Schedule: View detailed repayment schedules with all payment information
- Tenure Flexibility: Calculate EMI for different tenures including 5 years, 7 years, and 10 years
🎯 Conclusion
The term loan calculator is an essential tool for anyone considering a term loan in India. Whether you need a term loan calculator SBI, term loan calculator HDFC, term loan calculator Canara Bank, term loan calculator Kotak Mahindra Bank, term loan calculator Union Bank of India, term loan calculator Axis Bank, or a general term loan calculator online, this calculator provides accurate calculations for all major Indian banks. With features like moratorium period calculation, Excel export (term loan calculator excel free download), and detailed repayment schedules, the term loan calculator helps you make informed decisions about your business financing needs. Use the term loan calculator business to plan your cash flow and ensure you can comfortably manage your loan repayments. Calculate EMI for specific tenures using term loan calculator for 5 years, term loan calculator for 7 years, or term loan calculator for 10 years to find the best repayment option for your business.