Loan Calculator

Calculate your EMI and plan your education loan

Loan Details

Enter your loan requirements

₹5,00,000
₹50K₹50L
9.5%
6%20%
10 years
1 year30 years

Payment Breakdown

Principal Amount₹5,00,000
Total Interest₹2,76,385

Total Amount₹7,76,385

Monthly EMI

₹6,470

Tenure
120 months
Interest Rate
9.5%
Total Payments
120
Interest %
55.3%

Pro Tips

  • • Consider making prepayments to reduce total interest
  • • Education loans offer tax benefits under Section 80E
  • • Compare rates from multiple banks before applying