Expense Details
EMI Amount
Tax Benefits
Country
University/College
Stream
Total
Tuition Fees + Cost of Living
Expense
₹ 73,33,863
Expense Details
EMI Amount
Tax Benefits
Repayment Options*
Total EMI
₹ 73,33,863
Expense Details
EMI Amount
Tax Benefits
Income Slab (of working co-applicant)
Interest Rate: ₹72,00,000
Loan Tenure: ₹13,29,96,412
EMI: ₹14,01,96,412
EMI
₹ 61,164*
Interest Rate
11.25%
Loan Amount
₹30,00,000
Tax Benefit
₹ 97,790*
Effective Loan ROI 2
10.67%*
Interest on FD
6.90%
Net ROI
3.95%*
Using the Education Loan EMI Calculator is simple. Fill in your loan details and get instant results.
*Note:
Loan tenure: It is inclusive of course duration and additional period of 6 months.
Moratorium Period: The time during which a customer is not required to make any loan repayment. It comprises of course duration with an additional period of 6 months. A customer depending on the merit of the case may be given an option to avail of moratorium period.
Complete Moratorium: Where customer has an option to not pay EMI till the moratorium period. Interest is accrued and EMI starts after completion of moratorium Period.
Principal Moratorium: Where customer has an option to pay only Interest accrued during the moratorium period and full EMI starts after completion of moratorium Period.
Full EMI: Where customer has an option to pay full EMI (Interest and Principal) as soon as loan is disbursed.
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