This paper presents a systematic investigation of the impact of physical parameters such as dimensions, apertures and terminals, on the busbar inductance. A planar laminated busbar with copper conductors and a polyamide insulator is studied using a 3D FEM (Finite Element Modelling) based simulation software. The impact of dimensions such as conductor length, width and thickness, depth of insulator, the effects of aperture number, size, position and connection terminals on the busbar inductance are examined. The magnetic flux density, current density involved and its dependence on the self and mutual inductance of the laminated busbar is analyzed. Laminated busbars provided lower inductance with decreased conductor length, thickness, aperture diameter and depth of insulator. Also, the increased width of the busbar is of the essence for the design of a low inductance busbar. Low inductance laminated busbars are highly beneficial in power converters, powertrain inverters in electric vehicles, photovoltaic converters.