{"id":3195,"date":"2023-07-20T17:42:51","date_gmt":"2023-07-20T12:12:51","guid":{"rendered":"https:\/\/webdevcode.com\/wp\/pylon\/live\/?page_id=3195"},"modified":"2025-07-15T20:37:06","modified_gmt":"2025-07-15T15:07:06","slug":"loan-eligibility","status":"publish","type":"page","link":"https:\/\/redfortcapital.com\/hi\/loan-eligibility\/","title":{"rendered":"Loan Eligibility"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"3195\" class=\"elementor elementor-3195\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ccf3f60 pylon-column-stretched-none elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ccf3f60\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b00473\" data-id=\"3b00473\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9ab94a2 elementor-widget elementor-widget-heading\" data-id=\"9ab94a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\"><span data-elementor-setting-key=\"title\" data-pen-placeholder=\"Type Here...\" style=\"line-height: 53px\">Business Loan EMI Calculator<\/span><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-064d94a elementor-widget elementor-widget-text-editor\" data-id=\"064d94a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>At Red Fort Capital, we strive to make your loan experience as seamless and straightforward as possible. As part of this commitment, we offer a user-friendly Business Loan EMI Calculator.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d35dfc4 elementor-widget elementor-widget-pylon_loan_eligibility_widget\" data-id=\"d35dfc4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pylon_loan_eligibility_widget.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t        <div class=\"row\">\r\n            <div class=\"col-md-7\">\r\n                <div class=\"loan-slider-box eligibility-slider-box\"> \r\n                    <div class=\"single-loan-slider\">\r\n                        <h4>Loan Amount<\/h4>\r\n                        <div id=\"pricipal-slide\"><\/div>\r\n                        <div class=\"single-loan-counter\">\r\n                            <span>Rs. <\/span>\r\n                            <h6 id=\"pricipal\"><\/h6>\r\n                        <\/div>\r\n                    <\/div>\r\n                     <div class=\"single-loan-slider\">\r\n                        <h4>Monthly Income<\/h4>\r\n                        <div id=\"income-slide\"><\/div>\r\n                        <div class=\"single-loan-counter\">\r\n                            <span>Rs. <\/span>\r\n                            <h6 id=\"income\"><\/h6>\r\n                        <\/div>\r\n                    <\/div>                   \r\n                    <div class=\"single-loan-slider\">\r\n                        <h4>Tenure (Years)<\/h4>\r\n                        <div id=\"totalyear-slide\"><\/div>\r\n                        <div class=\"single-loan-counter\">\r\n                            <h6 id=\"totalyear\"><\/h6>\r\n                            <span>Years<\/span>\r\n                        <\/div>\r\n                    <\/div>\r\n                    <div class=\"single-loan-slider\">\r\n                        <h4>Interest Rate<\/h4>\r\n                        <div id=\"interest-slide\"><\/div>\r\n                        <div class=\"single-loan-counter\">\r\n                            <h6 id=\"interest\"><\/h6>\r\n                            <span>%<\/span>\r\n                        <\/div>\r\n                    <\/div>\r\n                    <div class=\"single-loan-slider\">\r\n                        <h4>Other EMIs (Monthly)<\/h4>\r\n                        <div id=\"other-emi-slide\"><\/div>\r\n                        <div class=\"single-loan-counter\">\r\n                            <span>Rs. <\/span>\r\n                            <h6 id=\"other-emi\"><\/h6>\r\n                        <\/div>\r\n                    <\/div>                    \r\n                <\/div>\r\n            <\/div> \r\n            <div class=\"col-md-5\">\r\n                <div id=\"loan-eligibility\" class=\"loan-eligibility-form\">\r\n                <div class=\"loan-eligibility-form-content\">\r\n                        <div class=\"loan-eligibility-inner-heading\">\r\n                            <h4>Monthly EMI<\/h4>\r\n                            <div class=\"loan-calculates\"><span>Rs. <\/span>\r\n                            <div class=\"loan-eligibility-total\" id=\"loan-eligibility-monthly\">0<\/div><\/div>\r\n                        <\/div>\r\n                        <div class=\"loan-eligibility-inner-heading eligibility-inner-heading\">\r\n                            <h4>Maximum Loan Eligibility<\/h4>\r\n                            <div class=\"loan-calculates\"><span>Rs. <\/span><div class=\"loan-eligibility-total\" id=\"loan-eligibility-maximum-total\">0<\/div><\/div>\r\n                            <span class=\"loan-eligibility-monthly\" id=\"loan-eligibility-maximum-emi\">0<\/span>\r\n                        <\/div>\r\n                        <a href=\"#\" class=\"thm-btn\" target=\"_blank\"  rel=\"nofollow\">\u0932\u094b\u0928 \u0915\u0947 \u0932\u093f\u090f \u0906\u0935\u0947\u0926\u0928 \u0915\u0930\u0947\u0902<\/a>\r\n                                                <div class=\"loan-eligibility-details\">\r\n                        <small>*These calculators are provided only as general self-help Planning Tools. Results depend on other factors.<\/small>\r\n                        <div>\r\n                                               <\/div>\r\n                <\/div>\r\n            <\/div>   \r\n        <\/div>            \r\n                <script>\r\n          jQuery( function( $ ) {\r\n\r\n            $ = jQuery;\r\n\r\n            $(\"#pricipal-slide\").slider({\r\n                range: \"min\",\r\n                min: 10000,\r\n                max: 1990000,\r\n                value: 90000,\r\n                step: 100,\r\n                slide: function(event, ui) {\r\n                    $(\"#pricipal\").text(ui.value);\r\n                    pyloan_eligibility();\r\n                }\r\n            });\r\n            $(\"#pricipal\").text($(\"#pricipal-slide\").slider(\"value\"));\r\n\r\n           $(\"#income-slide\").slider({\r\n                range: \"min\",\r\n                min: 1000,\r\n                max: 1000000,\r\n                value: 30000,\r\n                step: 1,\r\n                slide: function(event, ui) {\r\n                    $(\"#income\").text(ui.value);\r\n                    pyloan_eligibility();\r\n                }\r\n            });\r\n            $(\"#income\").text($(\"#income-slide\").slider(\"value\"));\r\n\r\n\r\n            $(\"#totalyear-slide\").slider({\r\n                range: \"min\",\r\n                min: 1,\r\n                max: 32,\r\n                value: 10,\r\n                step: 1,\r\n                slide: function(event, ui) {\r\n                    $(\"#totalyear\").text(ui.value);\r\n                    pyloan_eligibility();\r\n                }\r\n            });\r\n            $(\"#totalyear\").text($(\"#totalyear-slide\").slider(\"value\"));\r\n\r\n            $(\"#interest-slide\").slider({\r\n                range: \"min\",\r\n                min: 1,\r\n                max: 24,\r\n                value: 18,\r\n                step: 0.01,\r\n                slide: function(event, ui) {\r\n                    $(\"#interest\").text(ui.value);\r\n                    pyloan_eligibility();\r\n                }\r\n            });\r\n\r\n            $(\"#interest\").text($(\"#interest-slide\").slider(\"value\"));\r\n\r\n            $(\"#other-emi-slide\").slider({\r\n                range: \"min\",\r\n                min: 0,\r\n                max: 5000000,\r\n                step: 1,\r\n                value: 0,\r\n                slide: function(event, ui) {\r\n                    $(\"#other-emi\").text(ui.value);\r\n                    pyloan_eligibility();\r\n                }\r\n            });\r\n            \r\n            $(\"#other-emi\").text($(\"#other-emi-slide\").slider(\"value\"));            \r\n\r\n            pyloan_eligibility();\r\n         });\r\n\r\n        function pyloan_comma (str, item, every){\r\n          for(let i = 0; i < str.length; i++){\r\n            if(!(i % (every + 1))){\r\n              str = str.substring(0, i) + item + str.substring(i);\r\n            }\r\n           }\r\n          return str.substring(1);\r\n        }\r\n\r\n\r\n         function pyloan_eligibility() {\r\n\r\n\r\n            var P1 =jQuery(\"#pricipal\").text();\r\n            var n1 =jQuery(\"#totalyear\").text();\r\n            var rate1=jQuery(\"#interest\").text();\r\n            var existing = jQuery(\"#other-emi\").text();\r\n\r\n            var income1 =jQuery(\"#income\").text();\r\n\r\n\r\n             var r1 = rate1 \/ (12 * 100); \/\/ to calculate rate percentage..\r\n             var prate1 = (P1 * r1 * Math.pow((1 + r1), n1 * 12)) \/ (Math.pow((1 + r1), n1 * 12) - 1); \/\/ to calculate compound interest..\r\n             var emi1 = Math.ceil(prate1 * 100) \/ 100; \/\/ to parse emi amount..\r\n             var existingLoan = (existing - (existing * 60 \/ 100));\r\n\r\n             if (income1 <= 14999) {\r\n                 var incomere = ((income1) * 40 \/ 100) - existingLoan;\r\n             } else if (income1 <= 29999) {\r\n                 var incomere = ((income1) * 45 \/ 100) - existingLoan;\r\n             } else if (income1 >= 30000) {\r\n                 var incomere = ((income1) * 50 \/ 100) - existingLoan;\r\n             }\r\n             var incomereq = Math.floor(incomere \/ emi1 * P1);\r\n             var prate2 = (incomereq * r1 * Math.pow((1 + r1), n1 * 12)) \/ (Math.pow((1 + r1), n1 * 12) - 1); \/\/ to calculate compound interest2..\r\n             var emi2 = Math.ceil((prate2) * 100) \/ 100; \/\/ to parse emi2 amount..   \/\/Check again Reminder\r\n             \/\/ to assign value in field1 as fixed upto two decimal..\r\n             if (incomereq > P1) {\r\n                jQuery(\"#loan-eligibility-monthly\").html(Number(emi1).toLocaleString());     \r\n\r\n                jQuery(\"#loan-eligibility-maximum-total\").html(Number(incomereq).toLocaleString());\r\n                jQuery(\"#loan-eligibility-maximum-emi\").html('\/ '+emi2.toFixed(0));    \r\n             } else { \r\n                jQuery(\"#loan-eligibility-monthly\").html('0');\r\n                jQuery(\"#loan-eligibility-maximum-total\").html('0');\r\n                jQuery(\"#loan-eligibility-maximum-emi\").html('')\r\n             }\r\n         }\r\n        <\/script>\r\n        \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f95b046 elementor-widget elementor-widget-text-editor\" data-id=\"f95b046\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>We at Red Fort Capital hope that this online tool empowers you to plan your finances better by providing a clear understanding of your monthly repayments. Just input your loan amount, tenure, and interest rate, and our calculator will instantly show you the EMI you need to pay. This way, you can strategize your budget, manage your cash flows effectively, and make an informed decision about your business loan. With our EMI calculator, you&#8217;ll have a transparent view of your repayment schedule, allowing you to focus on what matters most &#8211; growing your business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Business Loan EMI Calculator At Red Fort Capital, we strive to make your loan experience as seamless and straightforward as possible. As part [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"class_list":["post-3195","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business Loan Eligibility Criteria \u2013 Check Requirements<\/title>\n<meta name=\"description\" content=\"Loan eligibility of a Business Loan. 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