Education Loan EMI Calculator
Plan your study loan in seconds. See your monthly EMI, total interest and full repayment — for UG, MBA, PG or study-abroad loans.
Year-by-year breakdown
| Year | Principal paid | Interest paid | Balance |
|---|
Need help funding your education?
Our counsellors help 60,000+ students every year pick the right course, college and the best education-loan option. Get a free plan on WhatsApp.
Education loan FAQs
EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the number of monthly instalments (tenure in years × 12). This calculator does the math for you instantly.
Most Indian education loans give a moratorium (course duration + 6–12 months) where you pay nothing or only simple interest. Full EMIs start after that. The EMI shown here is for the repayment phase.
Indian education-loan rates usually fall between ~8.5% and 13% per year depending on the bank, collateral and course. Use your sanctioned rate; if you don't know it yet, 10.5% is a fair estimate.
Yes — our counsellors guide you on loan options, eligibility and documentation alongside your admission. Fill the form above and we'll reach out on WhatsApp, free.