Education Loan EMI & Interest Calculator
You can now calculate your monthly EMI, interest rate, and eligibility in just a few clicks with our education loan calculator.
Bank Name
Loan Amount
Interest Rate
Processing Time
Processing Fee
Upto 1.5Cr
10.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1.25%
Upto 1.5Cr
10.5% - 13%
Secured: Upto 3 weeks Unsecured: Upto 1 week
0.75% - 1.25%
Upto 85L
11% - 12.75%
Upto 1 week
0.75% - 1.25%
Upto 1Cr
11.25% - 12.75%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1.25%
Upto 75L
11% - 12.75%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.85% - 1%
Upto 1Cr
10.75% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 3Cr
9.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 1Cr
9.5% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 75L
11.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 1.5Cr
9.25% - 12.5%
Secured: Up to 3 weeks Unsecured: Up to 1 week
0.75% - 1%
Upto 1.5Cr
8.25% - 11%
Secured: Up to 3 weeks Unsecured: Up to 2 weeks
Secured: Rs. 20,000 Unsecured: Rs. 10,000
Upto $220k
8.47% - 13.5%
Automated process
500 USD + 4%
Upto $100k
9.5% & 9.99%
Up to 1 week
1% + 2%
Upto $100k
10.5% - 12.75%
Up to 1 week
200 USD + 2%
Upto $100k
9.99% - 14.99%
Automated process
6.50%
Education Loan Repayment Duration Comparison
Short Tenure (5 Years)
• Monthly EMI: ₹21,247
• Total Interest Paid: ₹2,74,823
• Total Repayment Amount: ₹12,74,823
Medium Tenure (10 Years)
• Monthly EMI: ₹13,215
• Total Interest Paid: ₹5,85,809
• Total Repayment Amount: ₹15,85,809
Long Tenure (15 Years)
• Monthly EMI: ₹10,746
• Total Interest Paid: ₹9,34,289
• Total Repayment Amount: ₹19,34,289
Use Our Education Loan EMI Calculator
Easily estimate your monthly EMI based on loan amount, tenure, and interest rate.
Use our education loan EMI calculator online to plan your repayments with clarity.
Here are your results!
Loan Amortization Schedule (Yearly/Monthly)
Find Out if You Qualify for an Education Loan
Enter co-applicant’s monthly income
Add existing EMIs (if any)
Select your university rank
Choose your study destination
See how much loan amount you qualify for
How Education Loan Interest is Calculated
Education loan interest is calculated based on how and when repayments begin. This knowledge helps you estimate your total repayment and choose the best loan terms.
Loan Disbursement & Interest Start
Interest starts accumulating as soon as the loan is disbursed, even during the study period.
Moratorium Period & Interest Accrual
During this period, you don’t pay any EMI, but interest keeps adding up.
EMI Calculation & Repayment
Once repayment begins, EMIs are calculated based on loan amount, interest rate, and tenure.
Total Interest Paid Over Time
A longer tenure lowers EMIs but increases the total interest paid.
