Calculate loan emi.
LoansOpen
Education Loan EMI Calculator
Estimate monthly EMI, total interest and total payment for a education loan.Finance · Loans
Quick answer
For Education Loan EMI: if loan amount is ₹10,00,000, annual interest is 9% and tenure is 120 months, the monthly EMI is ₹12,667.58, the total interest is ₹5,20,109.29 and the total payment is ₹15,20,109.29.
Enter your values
0.05 %40 %
%
1 month360 months
months
Monthly EMI
₹12,667.58
The fixed amount you repay every period until the loan is fully cleared — it stays the same even though the interest and principal portions inside it shift over time.
34% is total interest
More in Loans
All Loans calculatorsEstimate monthly EMI, total interest and total payment for a home loan.
LoansOpenEstimate monthly EMI, total interest and total payment for a gold loan.
LoansOpenEstimate monthly EMI, total interest and total payment for a medical loan.
LoansOpenEstimate monthly EMI, total interest and total payment for a equipment loan.
LoansOpenEstimate monthly EMI, total interest and total payment for a laptop loan.
LoansOpen
About the Education Loan EMI Calculator
An education loan funds tuition, hostel and living costs. Many lenders allow a moratorium — the course period plus a short grace period — before full repayment starts. This calculator shows the EMI that applies once repayment begins, for the amount, rate and tenure you enter.
Because the loan is repaid after studies, the real cost depends on whether interest is charged during the course. Adding any accrued interest to the loan amount shows the full picture.
Things to keep in mind
- If you can, pay the interest during the moratorium so the principal does not grow before the first EMI.
- Interest on an education loan can be tax-deductible under the old tax regime; check the current rules for how long and how much.
- Compare public-sector and private lenders on rate, collateral rules and the share of the course fee they finance.
See how the result changes
Each table re-runs this calculator with one value changed and everything else left as it is.
Monthly EMI by loan amount
If loan amount goes from ₹10,00,000 to ₹15,00,000, monthly EMI changes from ₹12,667.58 to ₹19,001.37 (+50%).
| Loan amount | Monthly EMI |
|---|---|
| ₹5,00,000 | ₹6,333.79 |
| ₹7,50,000 | ₹9,500.68 |
| ₹10,00,000start | ₹12,667.58 |
| ₹15,00,000 | ₹19,001.37 |
| ₹20,00,000 | ₹25,335.15 |
Monthly EMI by annual interest
If annual interest goes from 9% to 13.5%, monthly EMI changes from ₹12,667.58 to ₹15,227.43 (+20%).
| Annual interest | Monthly EMI |
|---|---|
| 4.5% | ₹10,363.84 |
| 6.75% | ₹11,482.41 |
| 9%start | ₹12,667.58 |
| 13.5% | ₹15,227.43 |
| 18% | ₹18,018.52 |
Monthly EMI by tenure
If tenure goes from 120 months to 180 months, monthly EMI changes from ₹12,667.58 to ₹10,142.67 (−20%).
| Tenure | Monthly EMI |
|---|---|
| 60 months | ₹20,758.36 |
| 90 months | ₹15,319.89 |
| 120 monthsstart | ₹12,667.58 |
| 180 months | ₹10,142.67 |
| 240 months | ₹8,997.26 |
FINANCE GUIDE
A quick guide to Education Loan EMI
Estimate monthly EMI, total interest and total payment for a education loan. Use it to get an accurate monthly EMI in seconds — free, with no sign-up.
Instant results
See your monthly EMI the moment you enter your numbers.
Free, no sign-up
Every calculator here is free to use, with no account required.
Accurate & transparent
The same standard formula runs on our server for every calculation.
How to Use the Education Loan EMI Calculator
1
Enter Loan amount
Provide your loan amount.
2
Enter Annual interest
Provide your annual interest, in %.
3
Enter Tenure
Provide your tenure, in months.
4
View Your Results
Get your monthly EMI instantly, calculated on our server.
What is Education Loan EMI?
Estimate monthly EMI, total interest and total payment for a education loan. This finance tool works out your monthly EMI instantly, so you don't have to do the math by hand.
“One quick calculation, so you always know your monthly EMI before you decide.”
What Affects Your Monthly EMI
Your monthly EMI depends on the values below.
Loan amount
Changing your loan amount changes your monthly EMI.
Annual interest
Changing your annual interest changes your monthly EMI. Typically between 0.01 and 40 %.
Tenure
Changing your tenure changes your monthly EMI.
Example Result
Here's what you can expect from an education loan EMI calculation:
- Loan amount
- 1000000
- Annual interest
- 9 %
- Tenure
- 120 months
- Monthly EMI
- ₹12,667.58
- Total interest
- ₹5,20,109.29
- Total payment
- ₹15,20,109.29
Frequently Asked Questions
- Does the calculator include the moratorium period?
- No. It works out the EMI for the tenure you enter, starting from the first instalment. If interest builds up during your course, add it to the loan amount first.
- What is the full form of EMI?
- EMI stands for Equated Monthly Instalment: the fixed amount you pay every month to repay a loan, made up of part principal and part interest.
- How does loan amount affect monthly EMI?
- If loan amount goes from ₹10,00,000 to ₹15,00,000, monthly EMI changes from ₹12,667.58 to ₹19,001.37 (+50%).
- How does annual interest affect monthly EMI?
- If annual interest goes from 9% to 13.5%, monthly EMI changes from ₹12,667.58 to ₹15,227.43 (+20%).
- How to calculate education loan EMI?
- Fill in loan amount, annual interest and tenure in the Education Loan EMI Calculator above and your monthly EMI is calculated instantly. Change any value to see how the result responds.
- What does an example education loan EMI calculation look like?
- For Education Loan EMI: if loan amount is ₹10,00,000, annual interest is 9% and tenure is 120 months, the monthly EMI is ₹12,667.58, the total interest is ₹5,20,109.29 and the total payment is ₹15,20,109.29.
- Is this calculator free to use?
- Yes — every calculator on this site is completely free, with no sign-up or account required.
- How accurate is this calculator?
- It uses the standard formula and calculates on our server for every request, so results are precise for the values you enter.
- Is my data saved anywhere?
- No. Nothing you enter is stored or sent anywhere unless you choose to share a link with your values included.
Customize this calculator
Pick a look, copy the code, and this Education Loan EMI calculator — with its inputs and results — runs on your own website.
Theme color
Match your brand's colors
Corner style
Sharp, soft or fully rounded
Widget width
Compact, standard or full width
Live preview
Full widthThe same inputs, result and chart as the calculator above, styled with your choices.
yoursite.com