๐ผ Loan EMI Calculator (Mudra, PMEGP, SVANidhi)
Enter the loan amount, interest rate and tenure. You will see the monthly instalment and the total interest.
Mudra loan interest rates differ by bank. Ask your bank and enter the right rate.
โ ๏ธ This is only an estimate. It assumes a reducing-balance EMI. The bank's actual instalment can differ slightly because of processing fees, insurance and its own calculation.
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Mudra loan categories (as per reports)
- Shishu: up to โน50,000.
- Kishore: โน50,001 to โน5 lakh.
- Tarun: โน5 lakh to โน10 lakh.
- Tarun Plus: โน10 lakh to โน20 lakh.
- Limits and rates can change. Confirm with the bank.