Education loan calculator

What you'll actually repay

Most EMI calculators ignore the moratorium. Yours shouldn't — interest that builds while you study gets added to the principal, and that is what decides your real monthly outgo.

Your loan details

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₹20,00,000
24 months
12 years
11.0%
6 months
"No" means interest is added to your principal during the moratorium.
Lenders differ — ask yours which one applies.
Yearly tranches accrue less interest during the course.

Your EMI will be

₹31,966 per month for 144 months, starting after a 30-month moratorium
Original principal₹20,00,000
Interest during moratorium₹5,50,000
Principal after moratorium₹25,50,000
Repayment period144 months
Total interest₹26,03,055
Total you repay₹46,03,055

Where your money goes

Principal 43.4% Interest 56.6%

Figures are indicative. Your sanctioned rate, margin money and moratorium terms are set by the lender.

Year-by-year repayment

YearPrincipal paidInterest paidBalance

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