Mudra Loan EMI Calculator
Mudra Loan is a specific form of financial support that has been introduced in India to support small and micro enterprises.
Maximum loan amount: ₹10,00,000
Lenders' published rates for Mudra Loan: 19.00%–21.00% p.a.. Government scheme (Shishu/Kishor/Tarun) — amount capped by category.
Maximum tenure: 5 years (60 months)
Monthly EMI
₹10,997
Total interest
₹95,885
Total payment
₹3,95,885
Indicative only — your actual EMI depends on the lender's exact rate and terms at sanction.
Principal vs. interest
- Principal 75.8%
- Interest 24.2%
Principal & interest paid per year
Time on the x-axis, amount repaid on the y-axis — early on leans toward interest, later on toward principal.
Full breakdown, starting this month
Assumes your first EMI falls this month — click a period to see every month within it.
Nov 2026 – Oct 2027 Principal paid₹81,847 Interest paid₹50,115 Total paid₹1,31,962
| Month | Principal paid | Interest paid | Total paid | Balance remaining |
|---|---|---|---|---|
| Nov 2026 | ₹6,247 | ₹4,750 | ₹10,997 | ₹2,93,753 |
| Dec 2026 | ₹6,346 | ₹4,651 | ₹10,997 | ₹2,87,407 |
| Jan 2027 | ₹6,446 | ₹4,551 | ₹10,997 | ₹2,80,961 |
| Feb 2027 | ₹6,548 | ₹4,449 | ₹10,997 | ₹2,74,413 |
| Mar 2027 | ₹6,652 | ₹4,345 | ₹10,997 | ₹2,67,761 |
| Apr 2027 | ₹6,757 | ₹4,240 | ₹10,997 | ₹2,61,004 |
| May 2027 | ₹6,864 | ₹4,133 | ₹10,997 | ₹2,54,140 |
| Jun 2027 | ₹6,973 | ₹4,024 | ₹10,997 | ₹2,47,167 |
| Jul 2027 | ₹7,083 | ₹3,913 | ₹10,997 | ₹2,40,083 |
| Aug 2027 | ₹7,195 | ₹3,801 | ₹10,997 | ₹2,32,888 |
| Sep 2027 | ₹7,309 | ₹3,687 | ₹10,997 | ₹2,25,578 |
| Oct 2027 | ₹7,425 | ₹3,572 | ₹10,997 | ₹2,18,153 |
Nov 2027 – Oct 2028 Principal paid₹98,826 Interest paid₹33,136 Total paid₹1,31,962
| Month | Principal paid | Interest paid | Total paid | Balance remaining |
|---|---|---|---|---|
| Nov 2027 | ₹7,543 | ₹3,454 | ₹10,997 | ₹2,10,611 |
| Dec 2027 | ₹7,662 | ₹3,335 | ₹10,997 | ₹2,02,948 |
| Jan 2028 | ₹7,783 | ₹3,213 | ₹10,997 | ₹1,95,165 |
| Feb 2028 | ₹7,907 | ₹3,090 | ₹10,997 | ₹1,87,258 |
| Mar 2028 | ₹8,032 | ₹2,965 | ₹10,997 | ₹1,79,226 |
| Apr 2028 | ₹8,159 | ₹2,838 | ₹10,997 | ₹1,71,067 |
| May 2028 | ₹8,288 | ₹2,709 | ₹10,997 | ₹1,62,779 |
| Jun 2028 | ₹8,419 | ₹2,577 | ₹10,997 | ₹1,54,360 |
| Jul 2028 | ₹8,553 | ₹2,444 | ₹10,997 | ₹1,45,807 |
| Aug 2028 | ₹8,688 | ₹2,309 | ₹10,997 | ₹1,37,119 |
| Sep 2028 | ₹8,826 | ₹2,171 | ₹10,997 | ₹1,28,293 |
| Oct 2028 | ₹8,966 | ₹2,031 | ₹10,997 | ₹1,19,327 |
Nov 2028 – Oct 2029 Principal paid₹1,19,327 Interest paid₹12,634 Total paid₹1,31,962
| Month | Principal paid | Interest paid | Total paid | Balance remaining |
|---|---|---|---|---|
| Nov 2028 | ₹9,107 | ₹1,889 | ₹10,997 | ₹1,10,220 |
| Dec 2028 | ₹9,252 | ₹1,745 | ₹10,997 | ₹1,00,968 |
| Jan 2029 | ₹9,398 | ₹1,599 | ₹10,997 | ₹91,570 |
| Feb 2029 | ₹9,547 | ₹1,450 | ₹10,997 | ₹82,023 |
| Mar 2029 | ₹9,698 | ₹1,299 | ₹10,997 | ₹72,325 |
| Apr 2029 | ₹9,852 | ₹1,145 | ₹10,997 | ₹62,473 |
| May 2029 | ₹10,008 | ₹989 | ₹10,997 | ₹52,466 |
| Jun 2029 | ₹10,166 | ₹831 | ₹10,997 | ₹42,300 |
| Jul 2029 | ₹10,327 | ₹670 | ₹10,997 | ₹31,972 |
| Aug 2029 | ₹10,491 | ₹506 | ₹10,997 | ₹21,482 |
| Sep 2029 | ₹10,657 | ₹340 | ₹10,997 | ₹10,825 |
| Oct 2029 | ₹10,825 | ₹171 | ₹10,997 | ₹0 |
About the Mudra Loan
A Mudra Loan is a specific form of financial support that has been introduced in India to support small and micro enterprises. The Mudra Loan helps entrepreneurs as well as small business owners, small retailers and shopkeepers to obtain funds for starting and expanding their businesses. Mudra Loans can be used for purchasing equipment, working capital, stock, and other purposes relevant to small businesses.
Find your ideal Tenure
Pick 3 tenures to compare — same ₹3,00,000 at 19.00% each time.
| Tenure | EMI | Total interest |
|---|---|---|
| ₹27,647 | ₹31,764 | |
| ₹10,997 | ₹95,885 | |
| ₹7,782 | ₹1,66,930 |
Compare Rates & Savings
Pick 3 rates to compare — same ₹3,00,000 over 3 years each time.
| Rate | EMI | Total interest |
|---|---|---|
| ₹9,401 | ₹38,433 | |
| ₹10,326 | ₹71,747 | |
| ₹11,303 | ₹1,06,891 |
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