Should you take a business loan? Calculate EMI, total interest cost, ROI on loan deployment, DSCR, and whether the loan actually makes financial sense for your business.
| Type | Rate | Best For |
|---|---|---|
| MUDRA Loan | 8–12% | Micro enterprises up to ₹10L |
| PSB Business Loan | 9–13% | MSME with 2yr ITR |
| Working Capital OD | 11–15% | Cash flow gaps, seasonal business |
| NBFC Business Loan | 14–20% | Faster disbursal, new businesses |
| Equipment Finance | 8–11% | Machinery as collateral, lower rate |
Interest rate changes, loan schemes, new calculators — free.