Whatsapp Chat Button

MyMudra – Ashirvad Loan


Spending all of your savings on wedding expenses is not the smart choice, nor on remodeling your kitchen to make your house comfortable. It can cost you a huge  Planning a wedding, renovating your home, or even planning a vacation? My Mudra's Ashirvad Loan is the solution.

Apply Now Contact Us
Ashirvad Loan


Elements Affecting Your Ashirvad Loan EMIs

The interest rate on Ashirvad loan is affected by a variety of factors. Knowing about these factors will help you get the most competitive interest rate on Ashirvad Loan.

1.Age: - Individuals must be at least 21 years old and below 65 years of age.

2.Credit Score: - Individuals have a credit score of 750 and above to reduce the interest rates on the amount.

3.Occupation: - Individual must be salaried or self-employed with all the required documents.

4.Repayment History: - Having an excellent repayment history helps you to increase your Ashirvad loan eligibility and help you to get a lower interest rate.

5.Stable Income: - Low-interest Ashirvad loans are more likely to be available to people with higher incomes. Having a steady income makes it easier to pay back the loan. 

Loan Amount is



No. of Month is



Rate of Interest (ROI) is



Monthly EMI

Total Interest

Payable Amount

Apply Now

There are two methods for calculating Ashirvad loan’s EMI.

The simplest, quickest, and most straightforward approach to figuring out monthly installments is to utilize Ashirvad loan interest rate calculator. All you have to do here is enter the values for the three major components, and the outcome is created automatically in seconds.

Flat Interest Rate Calculation

EMI = (principal + total interest payable) / loan tenure (Months)

Total interest payable = P x R x N / 100

Floating Interest Rate Calculation

EMI = [P x R x (1 + R) ^ N] / [(1 + R) ^ (N - 1)]

‘P’ is the principal loan amount.

‘R’ is the interest rate.

‘N’ is the loan tenure in months.

Ashirvad Loan Calculator

Plan your loan repayment using My Mudra's Ashirvad loan EMI calculator. Simply enter your basic details in this easy-to-use calculator to find out your EMI amount. After entering the loan amount, interest rate, and repayment tenure on the calculator, you will immediately receive the EMI details. This allows you to estimate your fixed costs based on the duration that works best for you.


How To Reduce EMIs On A Ashirvad Loan?

There are a few ways to reduce the professional loan EMI amount.

  • Opt for a smaller sanction
  • Choose a longer tenure
  • Negotiate for a lower interest rate
  • Prepay the professional loan at least once during the tenure.

Before trying any of these tactics, be sure to use a professional loan calculator and conduct a thorough cost-benefit analysis.


Here's what our customer have been saying about us

Our partners from across the industry

We collaborate with the best and biggest in the banking & financial world to get you relevant products at great rates.

Apply Now
indiabulls city-bankidfc-bank poonawala-fincorp
standard-charted bajaj indusind kotak chola lending-kart fullerton-india icici axis

Your Data Is Secure With Us.

We employ best-in-class security practices and procedures to keep your information secure every time.



From taking regular backups to using stronger passwords, we strictly prohibit any kind of unauthorized access of your crucial data, corruption, or theft throughout its life cycle.



We identify all the different ways your privacy could be at risk and have prepared safeguards to help you protect yourself online with us. Your privacy is important to us.



We are ISO 27001:2013 and SOC2 Type 2 compliant which instills trust into the hearts of our customers. We are secured with SSL and a certified GSP (GST Suvidha Provider).

Recent Blogs

See More

Our blogs are where you get the latest news along with insights from industry experts.

Glossary of Loan

Glossary of Loan

By My mudra


Things you should know before refinancing your existing business loan

Things you should kn...

By My mudra