Loan
Education Loan EMI Calculator
Calculate education loan EMI including moratorium period
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₹
%
Mo
Mo
Results
EMI (after moratorium)—
Total Interest—
Total Payment—
Principal
Interest
Example Calculations
Quick reference scenarios to validate your planning
| Scenario | Result |
|---|---|
| ₹15L at 10.5%, 2yr moratorium, 10yr repay | EMI: ₹22,863, Total: ₹27.4L |
How It Works
Formula, methodology and key concepts explained
Education loans have a unique structure — a moratorium period where you don't pay EMI while studying. However, interest accrues during this time. Some students pay simple interest during moratorium to avoid interest capitalisation.
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Frequently Asked Questions
Common questions about Education Loan EMI Calculator
- Moratorium is the grace period where you don't pay EMI — typically course duration + 6–12 months. Interest still accrues during moratorium and is added to the principal, increasing the effective loan amount.
- Yes — interest on education loans is fully deductible under Section 80E for 8 years from the year repayment starts. The deduction has no upper limit.
Key Numbers to Know
Benchmark figures for Loan planning in India
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Disclaimer: All calculations are estimates for planning purposes only. Results are based on the inputs you provide and assume constant rates. Actual returns may vary due to market conditions, inflation, tax law changes, and other factors. This is not financial advice. Consult a SEBI-registered investment advisor for personalised guidance. GST rates and income tax slabs are as per latest available information (FY 2025-26) and may change.
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