How to Calculate EMI for Agri Loans?
You can calculate your EMI in simple and easy steps by entering 3 inputs:
- Enter the loan amount your wish to borrow.
- Enter the rate of interest which typically starts at 7%. p.a
- Enter the tenure in years.
- You can adjust loan amount and tenure to arrive at an affordable EMI amount
The EMI Calculator (the “Tool”) is an indicative tool and is meant to provide information and estimates based on information provided by you. Any loan request is subject to assessment against normal lending criteria. Bank of Baroda determines loan eligibility and loan amount based on several factors such as age of applicant, nature of activity, purpose of loan, land holding, irrigation facility etc. Therefore the results from the tool is not the final and are liable to change based on various factors.