Education Loan Tool

Education Loan
EMI Calculator

Plan your education loan repayment. Factor in the moratorium (study period + 6 months) during which interest accrues but EMIs haven't started yet.

Loan Parameters

Loan Amount Total disbursed education loan amount

₹

₹1L₹1Cr+

Interest Rate (p.a.) Annual interest rate on your loan

1%20%

Study Period Course duration — interest accrues, no EMI payments

yrs

0 yrs6 yrs

Grace Period After Study Extra months after course before EMIs begin (typically 6–12 months)

0 mo24 mo

Repayment Tenure Duration over which EMIs will be paid after moratorium ends

yrs

1 yr15 yrs

Monthly EMI

₹ 0

Total Cost ₹0

Principal

₹0

Repayment Interest

₹0

Moratorium Interest

₹0

EMI Starts In

—

Outstanding at EMI Start

₹0

Year-wise Amortization Schedule

Year	Opening Balance	EMI Paid	Principal	Interest	Closing Balance

Good To Know

How Education Loan EMI Works

Moratorium Period

During your course + grace period, no EMIs are due. However, interest keeps accumulating on the disbursed amount and gets added to your outstanding principal.

Interest Capitalisation

Interest during moratorium is capitalised — meaning it gets added to the loan principal. Your EMIs are then calculated on this higher outstanding amount.

Save With Part-Payment

Paying even the interest during study can significantly reduce your total cost. This calculator shows the full-moratorium scenario — the worst case for planning.