Check minimum income required for a ₹50 Lakh business loan. EMI starts ₹1,06,851/month. Compare 28+ banks.
To get a ₹50 Lakh business loan, you need a minimum monthly income of approximately ₹2,67,128 (at the lowest rate of 10.25% for 5 years, assuming no existing EMIs).
| Bank | Rate | Monthly EMI | Min Income Required | Processing Fee |
|---|---|---|---|---|
| Tata Capital | 13.00 - 20.00% | ₹1,13,765 | ₹2,52,812/mo | 2% + GST |
| Bank of Baroda | 10.25 - 14.65% | ₹1,06,851 | ₹2,54,408/mo | 1% of loan amount + GST |
| Canara Bank | 10.85 - 14.85% | ₹1,08,338 | ₹2,57,948/mo | 1% + GST |
| Bajaj Finserv | 14.00 - 26.00% | ₹1,16,341 | ₹2,58,536/mo | Up to 3.50% |
| L&T Finance | 14.00 - 22.00% | ₹1,16,341 | ₹2,58,536/mo | 2% + GST |
| SBI | 11.00 - 14.75% | ₹1,08,712 | ₹2,58,839/mo | 1% of loan amount + GST |
| Union Bank | 11.00 - 14.00% | ₹1,08,712 | ₹2,58,839/mo | 1% + GST |
| Indian Bank | 11.15 - 13.65% | ₹1,09,087 | ₹2,59,731/mo | 1% + GST |
| Bank of India | 11.25 - 14.75% | ₹1,09,337 | ₹2,60,327/mo | 1% + GST |
| Mahindra Finance | 14.50 - 22.00% | ₹1,17,641 | ₹2,61,425/mo | 2% + GST |
| PNB | 11.50 - 14.50% | ₹1,09,963 | ₹2,61,817/mo | 1% + GST |
| IDBI Bank | 11.50 - 14.00% | ₹1,09,963 | ₹2,61,817/mo | 1% + GST |
| Central Bank | 11.50 - 14.50% | ₹1,09,963 | ₹2,61,817/mo | 1% + GST |
| Muthoot Finance | 15.00 - 24.00% | ₹1,18,950 | ₹2,64,334/mo | 2% + GST |
| Piramal Finance | 15.00 - 24.00% | ₹1,18,950 | ₹2,64,334/mo | 2% + GST |
| Hero FinCorp | 15.00 - 22.00% | ₹1,18,950 | ₹2,64,334/mo | 2% + GST |
| Manappuram Finance | 16.00 - 26.00% | ₹1,21,590 | ₹2,70,200/mo | 2.50% + GST |
| HDFC Bank | 11.50 - 18.00% | ₹1,09,963 | ₹2,74,908/mo | Up to 2% of loan amount |
| South Indian Bank | 11.50 - 15.00% | ₹1,09,963 | ₹2,74,908/mo | 1% + GST |
| Federal Bank | 12.00 - 16.50% | ₹1,11,222 | ₹2,78,055/mo | 1.50% + GST |
| Karur Vysya Bank | 12.00 - 16.00% | ₹1,11,222 | ₹2,78,055/mo | 1% + GST |
| IDFC First Bank | 12.50 - 22.00% | ₹1,12,490 | ₹2,81,225/mo | 2% + GST |
| ICICI Bank | 13.50 - 19.00% | ₹1,15,049 | ₹2,87,623/mo | Up to 2.50% |
| Yes Bank | 13.50 - 20.00% | ₹1,15,049 | ₹2,87,623/mo | 2% + GST |
| Kotak Mahindra Bank | 14.00 - 19.99% | ₹1,16,341 | ₹2,90,853/mo | 2.50% of loan amount |
| IndusInd Bank | 14.00 - 22.00% | ₹1,16,341 | ₹2,90,853/mo | 2% + GST |
| Axis Bank | 14.25 - 19.20% | ₹1,16,990 | ₹2,92,475/mo | 2% of loan amount |
| Bandhan Bank | 14.50 - 20.00% | ₹1,17,641 | ₹2,94,103/mo | 2% + GST |
The EMI for ₹50 Lakh business loan at 10.25% for 5 years is approximately ₹1,06,851 per month.
You need a minimum monthly income of approximately ₹2,67,128 for a ₹50 Lakh business loan at 10.25% interest rate (assuming no existing EMIs and 40% FOIR).
The lowest interest rate for ₹50 Lakh business loan starts from 10.25% p.a. in 2026. Compare all banks above.
With a ₹30,000 monthly salary and no existing EMIs, your maximum business loan eligibility at 10.25% for 5 years is approximately ₹5.62 L.
The total interest on ₹50 Lakh business loan at 10.25% for 5 years is approximately ₹14.11 L.