Invest in Knowledge
Education Loan Calculator
Plan your education loan with EMI, total interest, and repayment schedule. Adjust loan amount, interest rate, tenure, and moratorium period to suit your needs.
Loan Details
₹10,00,000
₹50k₹50L
9.25%
5%15%
Government bank rates: 8-10%
10 Years
5 Years20 Years
1 Year
0 Years5 Years
No repayment during moratorium, but simple interest accrues.
Your EMI Summary
Monthly EMI (after moratorium)
₹12,803
Total Interest Payable
₹5,36,393
Total Payment
₹15,36,393
Loan Summary
Principal Amount₹10,00,000
Moratorium Interest Accrued₹0
Effective Principal (after moratorium)₹10,92,500
34.9%Interest Share
Principal
Total Interest
You'll pay ₹5,36,393 in interest over 10 years.
Smart Education Loan Tips
Check for government subsidies (e.g., interest subvention schemes). Pay interest during moratorium if possible – it prevents capitalisation. Compare rates across banks and NBFCs. Use tax benefits under Section 80E for interest paid.