Monthly EMI: ₹2,19,926 at 11.5% for 5 years. Total interest: ₹31,95,560.
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With a ₹1 Crore business loan from HDFC Bank at 11.5% for 5 years, you will pay a monthly EMI of ₹2,19,926. The total amount payable is ₹1,31,95,560, of which ₹31,95,560 is interest.
At 11.5% interest rate for 5 years, the EMI for ₹1 Crore Business Loan from HDFC Bank is ₹2,19,926 per month. Total interest payable: ₹31,95,560.
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 ₹1 Crore at 11.5% for 5 years, you would pay approximately ₹31,95,560 as total interest, making the total repayment ₹1,31,95,560.
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 ₹1 Crore business loan.