India Education Loan Calculator
Estimate your monthly EMI and total interest on an education loan.
Monthly EMI
₹12,939.76
- Total interest
- ₹5,52,770.69
- Total payment
- ₹15,52,770.69
Assumptions
- Standard EMI repayment — does not model a moratorium period during study, which many education loans include
How it's calculated
EMI = P * r / (1 - (1 + r)^-n), where P is the loan amount, r is the monthly interest rate, and n is the term in months.
Worked example
A ₹10,00,000 loan at 9.5% over 10 years has a monthly EMI shown live above.
Frequently asked questions
Does this include the moratorium period?
No — many education loans allow deferred payment during your study period. This calculator models standard EMI repayment from day one.