Fill in the fields below to calculate your education loan EMI

Loan Amount (₹)

₹

Enter the total education loan amount required

Annual Interest Rate (%) Education loan rates typically range from 8% to 12%

Loan Tenure (in years) Maximum tenure is usually 15-20 years depending on the bank

Moratorium Period (in months) (optional) Course duration + 6 months (no repayment during this period)

Interest During Moratorium

Accumulate (Add to Principal) Serviced (Paid Monthly)

Accumulate: Interest added to loan | Serviced: Interest paid during study

Processing Fee (%) (optional) One-time fee charged by the bank (typically 0.25% - 1%)

Enter your loan amount, interest rate, and tenure to calculate your monthly EMI and total interest.

Monthly EMI Amount Total Interest Payable Amortization Schedule

Rates vary by bank, course, and co-applicant profile.

Interest deduction available for 8 years from repayment start.

Education Loan Calculator