DCB Bank Business Loan Calculator

There is no denying that growth and development are what any business strives for. And what drives the growth prospect is the resources. Businesses need capital resources to fund their operatives; financially speaking, it is one of the fundamental elements that act instrumental in transforming startups into large corporations. Consequently, the primary source of financial capital is a business loan. With DCB Bank, customers get a wide range of attractive offers on business loans. Moreover, those considering a business loan can gravely benefit from using the DCB Bank Business Loan Calculator, whose primary function is to provide the accurate outcome of taking a loan. Users can predict the EMI structure, which can help them determine whether or not a plan is ideal for them.

In this piece, read about the DCB Business loan calculator and how to make the most of this online tool.

Features of DCB Bank Business EMI Loans Calculator

DCB Business Loan EMI Calculator is an excellent tool that assists users in myriad ways. These benefits are due to the features incorporated in the DCB Bank Business Loan Calculator. Some of the features of the DCB Bank Business Loan EMI Calculator are explored below.

• DCB bank business loan calculator is an easy and hassle-free tool from a usage perspective. 
• The computations happen in real-time, saving time and energy
• The DCB business loan EMI calculator gives an indicative outcome value. This can be crucial for borrowers to anticipate their expenses in advance. 
• The tool interface enables users to manipulate the value and make a comparative analysis easily. 
• Consumers would be required to enter their loan amount, tenure, and the applicable interest rate and simply let the tool do the magic.
• Users will be shown the total amount they owe to the bank and the interest accumulated. 

Benefits of Calculating DCB Business Loan Online

There are various benefits to using the DCB Business loan EMI calculator online. These include the following.

• Users who try calculating their EMIs can get tangled in the computations manually. Moreover, they can always risk falling into erroneous loops. With the help of the DCB Business Loan EMI Calculator, users can expect error-free computation of values.
• The DCB Bank business loan calculator allows users to make a comparative analysis with various interest rates, tenures, and loan amounts. Not only that, but they can also make comparisons for rates offered across various banks.
• The tool can be used multiple times, and the online tool allows users to use it anytime and anywhere.
• The DCB Bank Business Loan EMI calculator assists users in determining whether or not they can afford a loan plan or not.

DCB Bank Business Loan EMI Calculator Formula

DCB Bank Business Loan Interest Rate Calculator incorporates a basic mathematical formula. It takes information such as loan amount, tenure, and interest rate to assess the complete interest instalment structure. The mathematical formula used for calculating the interest rate in the business loan EMI is described below.

P x R ( 1 + R ) ^ N / ( 1 + R ) ^ N ) – 1 )

Here,

• P is the principal loan amount. 
• R is the Rate of interest 
• N is the duration. 

What Should You Consider While Calculating the DCB Business Loan?

A DCB Bank business loan calculator can benefit a customer in many ways. Firstly, they can anticipate the outcome of their business loan. This enables them to determine whether or not the loan scheme is affordable. Moreover, since loans will incur monthly payable interest, they can use the outcome to structure their expenses for the future. However, there are a few things that users can benefit from keeping in mind. These are as explored below.

• Take your time assessing your lender. This ensures that the loan provider does not have a bad reputation regarding the services offered. It will be prudent if you can narrow down your lender options that the Central Bank regulates. 
• Consider the loan options available. DCB Bank has a few variants of business loans. 
• Look out for prepayment facilities. The service will adjust the EMI depending on the tenure remaining. 
• Use DCB Bank Business Loan Calculator to assess the ideal loan situation. One can manipulate the values to compare the different outcomes. 
• Know that the loan should not be a hassle. Expenses should be thoroughly anticipated. 

Business Loan Amortisation Calculator

Here is an example of the DCB Bank Business Loan EMI Calculator showcasing the breakdown of monthly EMIs. Here, the loan amount is INR 15,00,000 for a tenure of 10 years with a 9.24% interest rate.

Serial Number	Beginning Balance	Interest	Principal	Ending Balance
1	INR 15,00,000.00	INR 11,562.50	INR 7,642.41	INR 14,92,357.59
2	INR 14,92,357.59	INR 11,503.59	INR 7,701.32	INR 14,84,656.27
3	INR 14,84,656.27	INR 11,444.23	INR 7,760.68	INR 14,76,895.59
4	INR 14,76,895.59	INR 11,384.40	INR 7,820.51	INR 14,69,075.09
5	INR 14,69,075.09	INR 11,324.12	INR 7,880.79	INR 14,61,194.30
6	INR 14,61,194.30	INR 11,263.37	INR 7,941.54	INR 14,53,252.76
7	INR 14,53,252.76	INR 11,202.16	INR 8,002.75	INR 14,45,250.01
8	INR 14,45,250.01	INR 11,140.47	INR 8,064.44	INR 14,37,185.57
9	INR 14,37,185.57	INR 11,078.31	INR 8,126.60	INR 14,29,058.97
10	INR 14,29,058.97	INR 11,015.66	INR 8,189.25	INR 14,20,869.72
11	INR 14,20,869.72	INR 10,952.54	INR 8,252.37	INR 14,12,617.35
12	INR 14,12,617.35	INR 10,888.93	INR 8,315.98	INR 14,04,301.37
End of Year 1
13	INR 14,04,301.37	INR 10,824.82	INR 8,380.09	INR 13,95,921.28
14	INR 13,95,921.28	INR 10,760.23	INR 8,444.68	INR 13,87,476.60
15	INR 13,87,476.60	INR 10,695.13	INR 8,509.78	INR 13,78,966.83
16	INR 13,78,966.83	INR 10,629.54	INR 8,575.37	INR 13,70,391.45
17	INR 13,70,391.45	INR 10,563.43	INR 8,641.48	INR 13,61,749.98
18	INR 13,61,749.98	INR 10,496.82	INR 8,708.09	INR 13,53,041.89
19	INR 13,53,041.89	INR 10,429.70	INR 8,775.21	INR 13,44,266.68
20	INR 13,44,266.68	INR 10,362.06	INR 8,842.85	INR 13,35,423.83
21	INR 13,35,423.83	INR 10,293.89	INR 8,911.02	INR 13,26,512.81
22	INR 13,26,512.81	INR 10,225.20	INR 8,979.71	INR 13,17,533.11
23	INR 13,17,533.11	INR 10,155.98	INR 9,048.93	INR 13,08,484.19
24	INR 13,08,484.19	INR 10,086.23	INR 9,118.68	INR 12,99,365.51
End of Year 2
25	INR 12,99,365.51	INR 10,015.94	INR 9,188.97	INR 12,90,176.54
26	INR 12,90,176.54	INR 9,945.11	INR 9,259.80	INR 12,80,916.75
27	INR 12,80,916.75	INR 9,873.73	INR 9,331.18	INR 12,71,585.57
28	INR 12,71,585.57	INR 9,801.81	INR 9,403.10	INR 12,62,182.47
29	INR 12,62,182.47	INR 9,729.32	INR 9,475.59	INR 12,52,706.88
30	INR 12,52,706.88	INR 9,656.28	INR 9,548.63	INR 12,43,158.26
31	INR 12,43,158.26	INR 9,582.68	INR 9,622.23	INR 12,33,536.03
32	INR 12,33,536.03	INR 9,508.51	INR 9,696.40	INR 1,223,839.63
33	INR 12,23,839.63	INR 9,433.76	INR 9,771.15	INR 12,14,068.48
34	INR 12,14,068.48	INR 9,358.44	INR 9,846.47	INR 12,04,222.02
35	INR 12,04,222.02	INR 9,282.54	INR 9,922.37	INR 11,94,299.65
36	INR 11,94,299.65	INR 9,206.06	INR 9,998.85	INR 11,84,300.81
End of Year 3
37	INR 11,84,300.81	INR 9,128.99	INR 10,075.92	INR 11,74,224.88
38	INR 11,74,224.88	INR 9,051.32	INR 10,153.59	INR 11,64,071.29
39	INR 11,64,071.29	INR 8,973.05	INR 10,231.86	INR 11,53,839.43
40	INR 11,53,839.43	INR 8,894.18	INR 10,310.73	INR 11,43,528.70
41	INR 11,43,528.70	INR 8,814.70	INR 10,390.21	INR 11,33,138.49
42	INR 11,33,138.49	INR 8,734.61	INR 10,470.30	INR 11,22,668.20
43	INR 11,22,668.20	INR 8,653.90	INR 10,551.01	INR 11,12,117.19
44	INR 11,12,117.19	INR 8,572.57	INR 10,632.34	INR 11,01,484.85
45	INR 11,01,484.85	INR 8,490.61	INR 10,714.30	INR 10,90,770.55
46	INR 10,90,770.55	INR 8,408.02	INR 10,796.89	INR 10,79,973.67
47	INR 10,79,973.67	INR 8,324.80	INR 10,880.11	INR 10,69,093.56
48	INR 10,69,093.56	INR 8,240.93	INR 10,963.98	INR 10,58,129.58
End of Year 4
49	INR 10,58,129.58	INR 8,156.42	INR 11,048.49	INR 10,47,081.09
50	INR 10,47,081.09	INR 8,071.25	INR 11,133.66	INR 10,35,947.43
51	INR 10,35,947.43	INR 7,985.43	INR 11,219.48	INR 10,24,727.95
52	INR 10,24,727.95	INR 7,898.94	INR 11,305.97	INR 10,13,421.98
53	INR 10,13,421.98	INR 7,811.79	INR 11,393.12	INR 10,02,028.87
54	INR 10,02,028.87	INR 7,723.97	INR 11,480.94	INR 9,90,547.93
55	INR 9,90,547.93	INR 7,635.47	INR 11,569.44	INR 9,78,978.50
56	INR 9,78,978.50	INR 7,546.29	INR 11,658.62	INR 9,67,319.88
57	INR 9,67,319.88	INR 7,456.42	INR 11,748.49	INR 9,55,571.40
58	INR 9,55,571.40	INR 7,365.86	INR 11,839.05	INR 9,43,732.35
59	INR 9,43,732.35	INR 7,274.60	INR 11,930.31	INR 9,31,802.05
60	INR 9,31,802.05	INR 7,182.64	INR 12,022.27	INR 9,19,779.78
End of Year 5
61	INR 9,19,779.78	INR 7,089.97	INR 12,114.94	INR 9,07,664.84
62	INR 9,07,664.84	INR 6,996.58	INR 12,208.33	INR 8,95,456.52
63	INR 8,95,456.52	INR 6,902.48	INR 12,302.43	INR 8,83,154.09
64	INR 8,83,154.09	INR 6,807.65	INR 12,397.26	INR 8,70,756.82
65	INR 8,70,756.82	INR 6,712.08	INR 12,492.83	INR 8,58,264.00
66	INR 8,58,264.00	INR 6,615.78	INR 12,589.13	INR 8,45,674.88
67	INR 8,45,674.88	INR 6,518.74	INR 12,686.17	INR 8,32,988.71
68	INR 8,32,988.71	INR 6,420.95	INR 12,783.96	INR 8,20,204.76
69	INR 8,20,204.76	INR 6,322.41	INR 12,882.50	INR 8,07,322.26
70	INR 8,07,322.26	INR 6,223.11	INR 12,981.80	INR 7,94,340.46
71	INR 7,94,340.46	INR 6,123.04	INR 13,081.87	INR 7,81,258.60
72	INR 7,81,258.60	INR 6,022.20	INR 13,182.71	INR 7,68,075.89
End of Year 6
73	INR 7,68,075.89	INR 5,920.58	INR 13,284.33	INR 7,54,791.57
74	INR 7,54,791.57	INR 5,818.18	INR 13,386.73	INR 7,41,404.84
75	INR 7,41,404.84	INR 5,715.00	INR 13,489.91	INR 7,27,914.93
76	INR 7,27,914.93	INR 5,611.01	INR 13,593.90	INR 7,14,321.03
77	INR 7,14,321.03	INR 5,506.22	INR 13,698.69	INR 7,00,622.35
78	INR 7,00,622.35	INR 5,400.63	INR 13,804.28	INR 6,86,818.07
79	INR 6,86,818.07	INR 5,294.22	INR 13,910.69	INR 6,72,907.39
80	INR 6,72,907.39	INR 5,186.99	INR 14,017.92	INR 6,58,889.47
81	INR 6,58,889.47	INR 5,078.94	INR 14,125.97	INR 6,44,763.50
82	INR 6,44,763.50	INR 4,970.05	INR 14,234.86	INR 6,30,528.65
83	INR 6,30,528.65	INR 4,860.32	INR 14,344.59	INR 6,16,184.06
84	INR 6,16,184.06	INR 4,749.75	INR 14,455.16	INR 6,01,728.91
End of Year 7
85	INR 6,01,728.91	INR 4,638.33	INR 14,566.58	NR 5,87,162.33
86	INR 5,87,162.33	INR 4,526.04	INR 14,678.87	INR 5,72,483.46
87	INR 5,72,483.46	INR 4,412.89	INR 14,792.02	INR 5,57,691.45
88	INR 5,57,691.45	INR 4,298.87	INR 14,906.04	INR 5,42,785.41
89	INR 5,42,785.41	INR 4,183.97	INR 15,020.94	INR 5,27,764.47
90	INR 5,27,764.47	INR 4,068.18	INR 15,136.73	INR 5,12,627.75
91	INR 5,12,627.75	INR 3,951.51	INR 15,253.40	INR 4,97,374.34
92	INR 4,97,374.34	INR 3,833.93	INR 15,370.98	INR 4,82,003.36
93	INR 4,82,003.36	INR 3,715.44	INR 15,489.47	INR 4,66,513.90
94	INR 4,66,513.90	INR 3,596.04	INR 15,608.87	INR 4,50,905.03
95	INR 4,50,905.03	INR 3,475.73	INR 15,729.18	INR 4,35,175.85
96	INR 4,35,175.85	INR 3,354.48	INR 15,850.43	INR 4,19,325.42
End of Year 8
97	INR 4,19,325.42	INR 3,232.30	INR 15,972.61	INR 4,03,352.82
98	INR 4,03,352.82	INR 3,109.18	INR 16,095.73	INR 3,87,257.09
99	INR 3,87,257.09	INR 2,985.11	INR 16,219.80	INR 3,71,037.28
100	INR 3,71,037.28	INR 2,860.08	INR 16,344.83	INR 3,54,692.45
101	INR 3,54,692.45	INR 2,734.09	INR 16,470.82	INR 3,38,221.63
102	INR 3,38,221.63	INR 2,607.13	INR 16,597.78	INR 3,21,623.85
103	INR 3,21,623.85	INR 2,479.18	INR 16,725.73	INR 3,04,898.13
104	INR 3,04,898.13	INR 2,350.26	INR 16,854.65	INR 2,88,043.47
105	INR 2,88,043.47	INR 2,220.34	INR 16,984.57	INR 2,71,058.90
106	INR 2,71,058.90	INR 2,089.41	INR 17,115.50	INR 2,53,943.41
107	INR 2,53,943.41	INR 1,957.48	INR 17,247.43	INR 2,36,695.98
108	INR 2,36,695.98	INR 1,824.53	INR 17,380.38	INR 2,19,315.60
End of Year 9
109	INR 2,19,315.60	INR 1,690.56	INR 17,514.35	INR 2,01,801.25
110	INR 2,01,801.25	INR 1,555.55	INR 17,649.36	INR 1,84,151.89
111	INR 1,84,151.89	INR 1,419.50	INR 17,785.41	INR 1,66,366.49
112	INR 1,66,366.49	INR 1,282.41	INR 17,922.50	INR 1,48,443.99
113	INR 1,48,443.99	INR 1,144.26	INR 18,060.65	INR 1,30,383.34
114	INR 1,30,383.34	INR 1,005.04	INR 18,199.87	INR 1,12,183.47
115	INR 1,12,183.47	INR 864.75	INR 18,340.16	INR 93,843.31
116	INR 93,843.31	INR 723.38	INR 18,481.53	INR 75,361.77
117	INR 75,361.77	INR 580.91	INR 18,624.00	INR 56,737.78
118	INR 56,737.78	INR 437.35	INR 18,767.56	INR 37,970.22
119	INR 37,970.22	INR 292.69	INR 18,912.22	INR 19,058.00
120	INR 19,058.00	INR 146.91	INR 19,058.00	INR 0.00
End of Year 10