Term Loan EMI Calculator: Complete Guide to Term Loans in India 2025
The term loan EMI 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 EMI calculator HDFC, term loan EMI calculator ICICI, term loan EMI calculator PNB, term loan EMI calculator Canara Bank, term loan EMI calculator BOB, term loan EMI calculator SBI, or a general term loan EMI calculator online, this calculator provides accurate calculations for all major Indian banks. The term loan EMI calculator helps you understand the complete cost of borrowing and plan your finances accordingly, especially useful for term loan EMI calculator for business and term loan EMI calculator with moratorium period.
💼 What is Term Loan EMI Calculator?
The term loan EMI 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 EMI calculator SBI for State Bank of India term loans
- Term loan EMI calculator HDFC for HDFC Bank term loans
- Term loan EMI calculator ICICI for ICICI Bank term loans
- Term loan EMI calculator PNB for Punjab National Bank term loans
- Term loan EMI calculator Canara Bank for Canara Bank term loans
- Term loan EMI calculator BOB for Bank of Baroda term loans
- Term loan EMI calculator online for general calculations
- Term loan EMI calculator for business for commercial loans
- Term loan EMI calculator with moratorium period for loans with deferred principal repayment
- Term loan EMI calculator with repayment schedule for detailed payment plans
- Term loan EMI calculator with schedule for complete amortization tables
- Term loan EMI calculator in months for monthly tenure calculations
- Term loan EMI calculator reducing rate for loans with decreasing interest rates
- Term loan EMI calculator excel and term loan EMI calculator excel sheet download for spreadsheet analysis
💰 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 EMI calculator SBI popular among businesses
- HDFC Term Loan: Typically 11.0% - 11.5% per annum, with competitive rates for the term loan EMI calculator HDFC
- ICICI Term Loan: Typically 11.0% - 11.5% per annum, offering flexible options in the term loan EMI calculator ICICI
- PNB Term Loan: Typically 10.5% - 11.0% per annum, with attractive rates for the term loan EMI calculator PNB
- Canara Bank Term Loan: Typically 10.75% - 11.25% per annum, competitive rates in the term loan EMI calculator Canara Bank
- Bank of Baroda Term Loan: Typically 10.5% - 11.0% per annum, featured in the term loan EMI calculator BOB
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 EMI 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
- Moratorium Period: Many banks offer moratorium periods where only interest is paid, making the term loan EMI calculator with moratorium period essential for planning
- Reducing Interest Rates: Some banks offer reducing interest rates over time, which can be calculated using the term loan EMI calculator reducing rate
- 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 EMI calculator for business highly relevant
🧮 How is Term Loan EMI Calculated?
The term loan EMI 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 EMI calculator SBI, term loan EMI calculator HDFC, term loan EMI calculator ICICI, or any other bank-specific calculator, the formula remains the same. The term loan EMI 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 EMI Calculators
Different banks offer different features and interest rates for term loans. Here's what to expect from each bank:
Term Loan EMI Calculator SBI
State Bank of India offers competitive term loan rates starting from 10.5% per annum. The term loan EMI 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 EMI Calculator HDFC
HDFC Bank offers term loans with interest rates starting from 11.0% per annum. The term loan EMI 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 EMI Calculator ICICI
ICICI Bank offers term loans with interest rates starting from 11.0% per annum. The term loan EMI calculator ICICI helps you calculate EMI for ICICI term loans with competitive rates and flexible terms. ICICI typically offers loans for business growth, equipment financing, and infrastructure development.
Term Loan EMI Calculator PNB
Punjab National Bank offers term loans with interest rates starting from 10.5% per annum. The term loan EMI calculator PNB helps you calculate EMI for PNB term loans with attractive rates and flexible repayment schedules. PNB typically offers loans for MSMEs, manufacturing units, and service sector businesses.
Term Loan EMI Calculator Canara Bank
Canara Bank offers term loans with interest rates starting from 10.75% per annum. The term loan EMI 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 EMI Calculator BOB
Bank of Baroda offers term loans with interest rates starting from 10.5% per annum. The term loan EMI calculator BOB helps you calculate EMI for Bank of Baroda term loans with competitive rates and flexible repayment options. BOB 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 EMI 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 with Reducing Interest Rate
Some banks offer term loans with reducing interest rates, where the interest rate decreases over time. The term loan EMI calculator reducing rate helps you:
- Calculate EMI with reducing interest rates
- Understand the effective interest rate over the loan tenure
- Plan for decreasing interest costs over time
- Compare reducing rate loans with fixed rate loans
📊 Term Loan Repayment Schedule
The term loan EMI calculator with repayment schedule and term loan EMI calculator with schedule provide detailed amortization tables showing:
- Monthly payment breakdown (principal and interest)
- Remaining balance after each payment
- Total interest paid over the loan tenure
- Moratorium period payments (if applicable)
- Complete payment history for the entire loan term
💼 Term Loan for Business
The term loan EMI calculator for 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 EMI Calculator Excel
The term loan EMI calculator excel and term loan EMI calculator excel sheet 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 EMI Calculator in Months
The term loan EMI calculator in months allows you to calculate EMI based on monthly tenure instead of years. This is useful for:
- Short-term loans with monthly repayment periods
- Precise tenure calculations in months
- Flexible loan planning with monthly increments
- Accurate EMI calculations for non-standard tenures
✅ Benefits of Using Term Loan EMI Calculator
Using the term loan EMI 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
- Reducing Rate Analysis: Evaluate loans with reducing interest rates
- Business Planning: Plan cash flow for business loans with accurate EMI calculations
- Excel Export: Export schedules for detailed analysis and record-keeping
- Complete Schedule: View detailed repayment schedules with all payment information
🎯 Conclusion
The term loan EMI calculator is an essential tool for anyone considering a term loan in India. Whether you need a term loan EMI calculator HDFC, term loan EMI calculator ICICI, term loan EMI calculator PNB, term loan EMI calculator Canara Bank, term loan EMI calculator BOB, term loan EMI calculator SBI, or a general term loan EMI calculator online, this calculator provides accurate calculations for all major Indian banks. With features like moratorium period calculation, reducing rate analysis, Excel export, and detailed repayment schedules, the term loan EMI calculator helps you make informed decisions about your business financing needs. Use the term loan EMI calculator for business to plan your cash flow and ensure you can comfortably manage your loan repayments.