Tools & calculators

Education Loan EMI Calculator

Estimate monthly repayments for an education loan. Moratorium-period interest is not included.

Your monthly EMI

₹16,601

Principal amount: ₹10,00,000
Total interest: ₹3,94,500
Total repayment: ₹13,94,500
Fees you entered: ₹0
Total cost incl. fees: ₹13,94,500

Want to explore this scenario?We’ll attach these results to your enquiry, so you won’t need to re-enter anything.

Calculated on a reducing balance with a fixed annual rate of 10% for 7 years.
Processing fees, GST, insurance and other charges are excluded unless you add them.
Results are illustrative. Actual rates, EMI and eligibility are decided by the lender.

View amortisation schedule

Repayment schedule by year. Expand a year to see monthly rows.
Period	Opening balance	Principal	Interest	Instalments	Closing balance
	₹10,00,000	₹1,03,890	₹95,324	₹1,99,214	₹8,96,110
Month 1	₹10,00,000.00	₹8,267.85	₹8,333.33	₹16,601.18	₹9,91,732.15
Month 2	₹9,91,732.15	₹8,336.75	₹8,264.43	₹16,601.18	₹9,83,395.40
Month 3	₹9,83,395.40	₹8,406.22	₹8,194.96	₹16,601.18	₹9,74,989.18
Month 4	₹9,74,989.18	₹8,476.27	₹8,124.91	₹16,601.18	₹9,66,512.91
Month 5	₹9,66,512.91	₹8,546.91	₹8,054.27	₹16,601.18	₹9,57,966.00
Month 6	₹9,57,966.00	₹8,618.13	₹7,983.05	₹16,601.18	₹9,49,347.87
Month 7	₹9,49,347.87	₹8,689.95	₹7,911.23	₹16,601.18	₹9,40,657.92
Month 8	₹9,40,657.92	₹8,762.36	₹7,838.82	₹16,601.18	₹9,31,895.56
Month 9	₹9,31,895.56	₹8,835.38	₹7,765.80	₹16,601.18	₹9,23,060.18
Month 10	₹9,23,060.18	₹8,909.01	₹7,692.17	₹16,601.18	₹9,14,151.17
Month 11	₹9,14,151.17	₹8,983.25	₹7,617.93	₹16,601.18	₹9,05,167.92
Month 12	₹9,05,167.92	₹9,058.11	₹7,543.07	₹16,601.18	₹8,96,109.81
	₹8,96,110	₹1,14,769	₹84,445	₹1,99,214	₹7,81,341
Month 13	₹8,96,109.81	₹9,133.60	₹7,467.58	₹16,601.18	₹8,86,976.21
Month 14	₹8,86,976.21	₹9,209.71	₹7,391.47	₹16,601.18	₹8,77,766.50
Month 15	₹8,77,766.50	₹9,286.46	₹7,314.72	₹16,601.18	₹8,68,480.04
Month 16	₹8,68,480.04	₹9,363.85	₹7,237.33	₹16,601.18	₹8,59,116.19
Month 17	₹8,59,116.19	₹9,441.88	₹7,159.30	₹16,601.18	₹8,49,674.31
Month 18	₹8,49,674.31	₹9,520.56	₹7,080.62	₹16,601.18	₹8,40,153.75
Month 19	₹8,40,153.75	₹9,599.90	₹7,001.28	₹16,601.18	₹8,30,553.85
Month 20	₹8,30,553.85	₹9,679.90	₹6,921.28	₹16,601.18	₹8,20,873.95
Month 21	₹8,20,873.95	₹9,760.56	₹6,840.62	₹16,601.18	₹8,11,113.39
Month 22	₹8,11,113.39	₹9,841.90	₹6,759.28	₹16,601.18	₹8,01,271.49
Month 23	₹8,01,271.49	₹9,923.92	₹6,677.26	₹16,601.18	₹7,91,347.57
Month 24	₹7,91,347.57	₹10,006.62	₹6,594.56	₹16,601.18	₹7,81,340.95
	₹7,81,341	₹1,26,787	₹72,428	₹1,99,214	₹6,54,554
Month 25	₹7,81,340.95	₹10,090.01	₹6,511.17	₹16,601.18	₹7,71,250.94
Month 26	₹7,71,250.94	₹10,174.09	₹6,427.09	₹16,601.18	₹7,61,076.85
Month 27	₹7,61,076.85	₹10,258.87	₹6,342.31	₹16,601.18	₹7,50,817.98
Month 28	₹7,50,817.98	₹10,344.36	₹6,256.82	₹16,601.18	₹7,40,473.62
Month 29	₹7,40,473.62	₹10,430.57	₹6,170.61	₹16,601.18	₹7,30,043.05
Month 30	₹7,30,043.05	₹10,517.49	₹6,083.69	₹16,601.18	₹7,19,525.56
Month 31	₹7,19,525.56	₹10,605.13	₹5,996.05	₹16,601.18	₹7,08,920.43
Month 32	₹7,08,920.43	₹10,693.51	₹5,907.67	₹16,601.18	₹6,98,226.92
Month 33	₹6,98,226.92	₹10,782.62	₹5,818.56	₹16,601.18	₹6,87,444.30
Month 34	₹6,87,444.30	₹10,872.48	₹5,728.70	₹16,601.18	₹6,76,571.82
Month 35	₹6,76,571.82	₹10,963.08	₹5,638.10	₹16,601.18	₹6,65,608.74
Month 36	₹6,65,608.74	₹11,054.44	₹5,546.74	₹16,601.18	₹6,54,554.30
	₹6,54,554	₹1,40,063	₹59,151	₹1,99,214	₹5,14,491
Month 37	₹6,54,554.30	₹11,146.56	₹5,454.62	₹16,601.18	₹6,43,407.74
Month 38	₹6,43,407.74	₹11,239.45	₹5,361.73	₹16,601.18	₹6,32,168.29
Month 39	₹6,32,168.29	₹11,333.11	₹5,268.07	₹16,601.18	₹6,20,835.18
Month 40	₹6,20,835.18	₹11,427.55	₹5,173.63	₹16,601.18	₹6,09,407.63
Month 41	₹6,09,407.63	₹11,522.78	₹5,078.40	₹16,601.18	₹5,97,884.85
Month 42	₹5,97,884.85	₹11,618.81	₹4,982.37	₹16,601.18	₹5,86,266.04
Month 43	₹5,86,266.04	₹11,715.63	₹4,885.55	₹16,601.18	₹5,74,550.41
Month 44	₹5,74,550.41	₹11,813.26	₹4,787.92	₹16,601.18	₹5,62,737.15
Month 45	₹5,62,737.15	₹11,911.70	₹4,689.48	₹16,601.18	₹5,50,825.45
Month 46	₹5,50,825.45	₹12,010.97	₹4,590.21	₹16,601.18	₹5,38,814.48
Month 47	₹5,38,814.48	₹12,111.06	₹4,490.12	₹16,601.18	₹5,26,703.42
Month 48	₹5,26,703.42	₹12,211.98	₹4,389.20	₹16,601.18	₹5,14,491.44
	₹5,14,491	₹1,54,729	₹44,485	₹1,99,214	₹3,59,762
Month 49	₹5,14,491.44	₹12,313.75	₹4,287.43	₹16,601.18	₹5,02,177.69
Month 50	₹5,02,177.69	₹12,416.37	₹4,184.81	₹16,601.18	₹4,89,761.32
Month 51	₹4,89,761.32	₹12,519.84	₹4,081.34	₹16,601.18	₹4,77,241.48
Month 52	₹4,77,241.48	₹12,624.17	₹3,977.01	₹16,601.18	₹4,64,617.31
Month 53	₹4,64,617.31	₹12,729.37	₹3,871.81	₹16,601.18	₹4,51,887.94
Month 54	₹4,51,887.94	₹12,835.45	₹3,765.73	₹16,601.18	₹4,39,052.49
Month 55	₹4,39,052.49	₹12,942.41	₹3,658.77	₹16,601.18	₹4,26,110.08
Month 56	₹4,26,110.08	₹13,050.26	₹3,550.92	₹16,601.18	₹4,13,059.82
Month 57	₹4,13,059.82	₹13,159.01	₹3,442.17	₹16,601.18	₹3,99,900.81
Month 58	₹3,99,900.81	₹13,268.67	₹3,332.51	₹16,601.18	₹3,86,632.14
Month 59	₹3,86,632.14	₹13,379.25	₹3,221.93	₹16,601.18	₹3,73,252.89
Month 60	₹3,73,252.89	₹13,490.74	₹3,110.44	₹16,601.18	₹3,59,762.15
	₹3,59,762	₹1,70,931	₹28,283	₹1,99,214	₹1,88,831
Month 61	₹3,59,762.15	₹13,603.16	₹2,998.02	₹16,601.18	₹3,46,158.99
Month 62	₹3,46,158.99	₹13,716.52	₹2,884.66	₹16,601.18	₹3,32,442.47
Month 63	₹3,32,442.47	₹13,830.83	₹2,770.35	₹16,601.18	₹3,18,611.64
Month 64	₹3,18,611.64	₹13,946.08	₹2,655.10	₹16,601.18	₹3,04,665.56
Month 65	₹3,04,665.56	₹14,062.30	₹2,538.88	₹16,601.18	₹2,90,603.26
Month 66	₹2,90,603.26	₹14,179.49	₹2,421.69	₹16,601.18	₹2,76,423.77
Month 67	₹2,76,423.77	₹14,297.65	₹2,303.53	₹16,601.18	₹2,62,126.12
Month 68	₹2,62,126.12	₹14,416.80	₹2,184.38	₹16,601.18	₹2,47,709.32
Month 69	₹2,47,709.32	₹14,536.94	₹2,064.24	₹16,601.18	₹2,33,172.38
Month 70	₹2,33,172.38	₹14,658.08	₹1,943.10	₹16,601.18	₹2,18,514.30
Month 71	₹2,18,514.30	₹14,780.23	₹1,820.95	₹16,601.18	₹2,03,734.07
Month 72	₹2,03,734.07	₹14,903.40	₹1,697.78	₹16,601.18	₹1,88,830.67
	₹1,88,831	₹1,88,831	₹10,384	₹1,99,215	₹0
Month 73	₹1,88,830.67	₹15,027.59	₹1,573.59	₹16,601.18	₹1,73,803.08
Month 74	₹1,73,803.08	₹15,152.82	₹1,448.36	₹16,601.18	₹1,58,650.26
Month 75	₹1,58,650.26	₹15,279.09	₹1,322.09	₹16,601.18	₹1,43,371.17
Month 76	₹1,43,371.17	₹15,406.42	₹1,194.76	₹16,601.18	₹1,27,964.75
Month 77	₹1,27,964.75	₹15,534.81	₹1,066.37	₹16,601.18	₹1,12,429.94
Month 78	₹1,12,429.94	₹15,664.26	₹936.92	₹16,601.18	₹96,765.68
Month 79	₹96,765.68	₹15,794.80	₹806.38	₹16,601.18	₹80,970.88
Month 80	₹80,970.88	₹15,926.42	₹674.76	₹16,601.18	₹65,044.46
Month 81	₹65,044.46	₹16,059.14	₹542.04	₹16,601.18	₹48,985.32
Month 82	₹48,985.32	₹16,192.97	₹408.21	₹16,601.18	₹32,792.35
Month 83	₹32,792.35	₹16,327.91	₹273.27	₹16,601.18	₹16,464.44
Month 84	₹16,464.44	₹16,464.44	₹137.20	₹16,601.64	₹0.00

The default rate is an example for illustration only and is not a quoted rate. Moratorium interest, fees and taxes are excluded. The lender decides your actual terms.

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No. The calculator shows regular EMIs once repayment begins. Interest during a moratorium depends on the lender’s terms.

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Education Loan EMI Calculator

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