Business Loan Eligibility Calculator

Estimate the business loan your monthly surplus and turnover support, the way an underwriter would.

You are likely eligible for
₹45,74,318
at 14% over 4 years
EMI you can afford₹1,25,000
Income committed to EMIs55%
Total interest over term₹14,25,682

About the Business Loan Eligibility Calculator

Business loan underwriting starts with your monthly surplus — receipts less operating costs — rather than a salary slip. Lenders read twelve months of bank statements, GST returns and ITRs, and they take the average, not your best month.

Enter your average monthly surplus as income and your existing facility EMIs as obligations. The result is the term loan your cash flow can carry; a secured facility against property will stretch further at a lower rate.

The formula

Eligible loan = [Affordable EMI × ((1+R)^N − 1)] ÷ [R × (1+R)^N]
Affordable EMINet income × FOIR − existing EMIs
FOIRFixed Obligation to Income Ratio — the share of income a lender lets you commit
R, NMonthly rate and tenure in months

This is the EMI formula solved for the principal instead of the instalment.

Things worth knowing

1
Underwriters average twelve months of banking. One strong quarter will not carry a weak year.
2
Cheque bounces in the statement period are the single fastest route to a decline.
3
Filed GST returns that reconcile with your declared turnover materially improve both the amount and the rate.

Frequently asked questions

On business vintage, average monthly banking balances and credit turnover, filed GST returns and ITRs, and the promoter's personal credit score. Most want at least two to three years of operating history.

Yes, typically up to ₹50 lakh for an established business with clean banking, at rates around 14–20%. Beyond that, or for a better rate, lenders will want collateral.

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