Check Loan Eligibility & EDI Instantly
See how much loan you can get from QR sales and your daily repayment (EDI) instantly.
How to calculate loan eligibility
- Enter your average daily QR sales
- Select your bank account age
- Click on Check Eligibility
- Instantly view your eligible loan amount
- Proceed to calculate your daily repayment
Check your business loan eligibility instantly using your daily QR sales and bank account age.
Disclaimer: This calculator is for illustrative purposes only. Final loan amount, repayment, and terms depend on lender approval and eligibility
How to calculate daily repayment (EDI)
- Enter loan amount
- Select tenure (6 or 12 months)
- Choose interest rate
- Click Calculate Daily EDI
- View your repayment details instantly
Calculate how much you will repay every day before applying for your loan.
Disclaimer: This calculator is for illustrative purposes only. Final loan amount, repayment, and terms depend on lender approval and eligibility.
Repayment Schedule
360 Days| Day | EDI Amount | Loan Outstanding |
|---|
Benefits of Using Calculators
Loan Eligibility Calculator Benefits
Know your loan limit instantly
Helps you plan for business expenses and growth
Better clarity on your loan eligibility
Know your eligibility before applying
EDI Calculator Benefits
Understand your daily repayment before applying
Plan your business cash flow better
Compare repayment tenures easily
Avoid repayment surprises later
Frequently Asked Questions
EDI (Equated Daily Instalment) means loan repayment happens in small daily amounts instead of monthly EMIs.
Yes. EMI (Equated Monthly Instalment) is paid once every month, while EDI (Equated Daily Instalment) is paid in small amounts every day.
Example:
If your monthly EMI is ₹3,000, you pay the entire amount in one go each month. With EDI, the same repayment is spread into smaller daily payments of around ₹100 per day, making it easier to manage alongside your daily business income and cash flow.
Your eligible loan amount is estimated using two simple details:
• Your average daily QR sales (payments received through your Merchant QR code)
• How long your bank account has been active
In general, higher QR sales and an older bank account can help you qualify for a higher loan amount. Simply enter these details to instantly check your estimated eligibility.
No. It provides an estimate only. Final approval and loan amount depend on lender assessment.
