IBA Standard Formula · Used by All Indian Banks

DSCR Calculator for Bank Loan

Check if your business meets the bank's minimum Debt Service Coverage Ratio before submitting your project report. Free, instant, and uses the exact IBA formula.

Enter Your Annual Financials

All amounts in ₹ lakhs (100,000s)

Net profit after all expenses & tax

Annual depreciation on fixed assets

Annual interest portion of your EMI

Annual principal portion of your EMI

Fill in your figures and click Calculate to see your DSCR

Bank thresholds

Service / Trading≥ 1.25
Manufacturing≥ 1.50
Below 1.0Rejected

DSCR Formula — How Banks Calculate It

IBA Standard Formula

DSCR = Numerator ÷ Denominator

Numerator: PAT + Depreciation + Interest on TL

Denominator: Principal Repayment + Interest on TL

PAT = Profit After Tax (net profit from P&L)

Depreciation = non-cash charge added back (doesn't reduce cash)

Interest on TL = interest portion of your term loan EMI

Principal Repayment = principal portion of your term loan EMI

Minimum DSCR by Sector

Service businesses (retail, consulting, trading)≥ 1.25
Manufacturing / Industrial units≥ 1.50
Agriculture / Allied activities≥ 1.20
DSCR of 1.35–1.75Strong / Ideal
DSCR below 1.0Auto Rejected

How to Improve a Low DSCR

Extend loan tenure

5 years → 7 years reduces annual principal repayment and directly improves DSCR.

Increase own contribution

Contributing 25% instead of 15% reduces loan amount, lowering the denominator.

Revise Year 1 revenue

Use market survey data, order book, or district demand estimates to justify higher revenue.

Add co-applicant income

Spouse or family member's salary can be shown as additional income, improving DSCR.

Reduce working capital ask

Lower CC limit reduces interest burden and improves DSCR across all years.

Moratorium period

Request 6–12 month repayment holiday — no principal during setup phase, DSCR stays high.

Frequently Asked Questions

What is DSCR in a bank loan?

DSCR (Debt Service Coverage Ratio) = (PAT + Depreciation + Interest on Term Loan) ÷ (Annual Principal Repayment + Interest on Term Loan). It measures whether your business generates enough income to repay the loan. A DSCR of 1.50 means your business earns ₹1.50 for every ₹1 of loan repayment — a 50% buffer. Banks require DSCR ≥ 1.25 for service/trading and ≥ 1.50 for manufacturing businesses.

What DSCR is required for MUDRA loan?

For MUDRA Kishor (₹50K–₹5L) and Tarun (₹5L–₹10L), banks expect DSCR ≥ 1.25 for service businesses. For manufacturing, DSCR ≥ 1.50. MUDRA Shishu (up to ₹50K) is typically assessed without formal DSCR calculation — business viability and promoter character are the main criteria.

What happens if DSCR is below 1.25?

If DSCR is below 1.25, the loan application is likely to be rejected or returned for revision. To fix low DSCR: (1) Extend the loan tenure — longer tenure means lower annual principal repayment, improving DSCR. (2) Increase promoter contribution — reduces the loan amount and thus the repayment burden. (3) Revise revenue projections upward with market evidence. (4) Reduce operating costs if there are genuine savings possible.

Is DSCR the same as interest coverage ratio?

No. ICR (Interest Coverage Ratio) = EBIT ÷ Interest Expense — it only measures ability to cover interest, not principal repayment. DSCR = (PAT + Dep + Interest) ÷ (Principal + Interest) — it measures ability to cover the full debt service (principal + interest). Banks use DSCR, not ICR, for loan appraisal. DSCR is stricter and more relevant for repayment capacity.

How many years of DSCR does a bank check?

Banks calculate DSCR for each year of the loan repayment period (typically 5–10 years). They check the average DSCR across the repayment period and the minimum DSCR in any single year. The minimum DSCR across all years should not fall below 1.0. An average DSCR of 1.5+ across the tenure is considered strong. Cred by Fastlegal calculates year-wise DSCR automatically for your project report.

Generate a Project Report with DSCR Calculated Automatically

Cred by Fastlegal computes year-wise DSCR, CMA data, MPBF, and repayment schedule automatically. First report free.

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