Business Loan Balance Transfer Calculator

Check how much you can save by transferring your business loan to a lower interest rate.

Compare your current business loan EMI with a new lower-interest loan and estimate your total interest savings before switching lenders.

Outstanding Loan Amount

₹

Remaining principal on your existing business loan

Current Interest Rate (%)

New Interest Rate (%)

Remaining Tenure (Months)

Mths

This calculator shows potential EMI reduction and interest savings after transfer.

Current Cost
New Cost

Reduce Cost By

Current EMI

₹48,013

New EMI

₹46,840

Total Savings

₹28,142

Interest saved over remaining tenure

What is Business Loan Balance Transfer?

Business loan balance transfer involves moving your existing high-interest business loan to another lender offering a lower interest rate or better terms. This helps reduce your monthly EMI and overall interest cost.

Why Should You Consider a Business Loan Balance Transfer?

Lower interest rate reduces EMI

Improve monthly cash flow for operations

Refinance to better terms

Option to add top-up for working capital

Switch for better service and flexibility

Reduce overall interest burden

Charges to Consider Before Switching

Processing fees by new lender (typically 1% – 2%)
Foreclosure charges by existing lender (as per policy)
Documentation, KYC and verification costs
Applicable GST and other statutory charges

Top-Up Loan Option

Many lenders allow a top-up loan along with balance transfer. This can provide additional funds for working capital, inventory or expansion. Ensure the combined EMI fits your cash flow.

Choose What Matters More

Reduce EMI

Lower monthly outflow and improve liquidity. Helpful for stabilizing cash flow.

Reduce Tenure

Pay off sooner and reduce total interest cost. Choose if cash flow allows.

Eligibility for Business Loan Balance Transfer

Business vintage: 12+ months

Stable turnover and cash flow

Clean repayment history

Credit score 650+ preferred

Valid business registration

Documents Required

Business KYC (GST/Udyam/Shop Act)

Bank statements (last 6–12 months)

ITR/financials as applicable

Existing loan statement

Foreclosure letter from current lender

Business Loan Balance Transfer Interest Rates

Bank / NBFC	Interest Rate	Loan Amount	EMI per Lakh	Processing Fees	Pre-Payment Charges	Action
HDFC Bank	11.00% - 14.00%	Up to ₹1 Crore	₹2,300 - ₹2,700	Up to 2%	Nil	Apply
SBI	10.50% - 13.50%	Up to ₹1 Crore	₹2,300 - ₹2,700	1% - 2%	Nil	Apply
ICICI Bank	11.25% - 14.50%	Up to ₹1 Crore	₹2,300 - ₹2,700	Up to 2%	Nil	Apply
Kotak Mahindra	11.50% - 15.00%	Up to ₹1 Crore	₹2,300 - ₹2,700	2%	Nil	Apply
Axis Bank	11.25% - 14.25%	Up to ₹1 Crore	₹2,300 - ₹2,700	Up to 2%	Nil	Apply