Business Loan Calculator
Enter the amount your business borrows, the monthly rate and the term. The monthly payment with BSMV, the total interest and the schedule update as you type.
- Loan amount500,000.00 ₺
- Total interest228,974.35 ₺
- KKDF (loan fund levy)0.00 ₺
- BSMV (banking tax)11,448.72 ₺
- Total repayment740,423.07 ₺
- Effective annual cost49.58%
KKDF rate: GİB / Cumhurbaşkanı Kararı
BSMV rate: GİB / Cumhurbaşkanı Kararı
Payment schedule
How it is calculated
A business needs loan pays for stock, rent, wages and other running costs in instalments. Unlike a consumer loan, only BSMV is added to the interest, and the BDDK consumer term limits do not apply; the term and collateral are set by your contract with the bank.
Taksit = A × r′ ÷ (1 − (1 + r′)^−n), r′ = r × (1 + BSMV)A: loan amount · r: monthly rate · n: term in months · Turkish lira business loans add BSMV of 5% to the interest; KKDF is 0%.Example
For ₺500,000 at 3.25% a month over 24 months (BSMV 5%) the payment is ₺30,850.96. You repay ₺740,423.07: ₺228,974.35 interest and ₺11,448.72 BSMV.
Frequently asked questions
Is KKDF charged on business loans?
For Turkish lira business loans KKDF is 0%; only BSMV of 5% is added to the interest. Foreign-currency loans may carry KKDF depending on term and type.
Can a sole trader take a business loan?
Yes. Registered sole traders can borrow in the business’s name; business loan tax then applies instead of consumer loan taxes.