What is an Education Loan EMI Calculator?

An Education Loan EMI Calculator is a tool that helps you estimate your monthly EMI (Equated Monthly Instalment) payments for an education loan. By inputting the loan amount, interest rate, and loan tenure, it calculates the EMI you'll need to repay.

What is covered in an educational loan?

Tata Capital’s education loans cover a range of education-related expenses, such as tuition fees, exam fees, purchase of books, course materials, and accommodation costs.

Is the education loan interest rate calculator and EMI calculator the same?

You can use our calculator to check your EMI.

How does an Education Loan EMI Calculator work?

Input the loan amount, tenure and ROI to calculate your EMI.

How does the Education Loan EMI calculator help me to compare the loan offers?

The Education Loan EMI Calculator helps you compare loan offers by allowing you to input different loan amounts, tenures, and interest rates to understand how they impact your monthly repayments.

How do you calculate a student budget?

To calculate a student budget, list all income sources and estimate expenses like tuition, rent, food, transportation, and supplies. Track monthly and yearly costs, adjusting for fixed and variable expenses.

What percentage of the loan amount must be provided as margin money to secure an education loan?

Education loans up to Rs. 4 lakhs do not have any margin. However, for loans above 4 lakhs, the margin for education in India is 5% and for education in abroad is 15%.

What are the consequences of missing an EMI payment or paying late? Are there additional fees?

Missing or paying an EMI payment late can lead to late payment fees, increased interest rates, and a negative impact on your credit score. A penalty of 3% per month on the defaulted amount is charged in case of default on interest or principal amount.

Can one claim tax benefits from an Education Loan?

Yes, the interest portion of the EMI paid towards an education loan qualifies for a tax deduction under Section 80E of the Income Tax Act, 1961. This deduction can help reduce your taxable income and offer significant tax relief.

एजुकेशन लोन ईएमआई कैलकुलेटर

EMI कैलकुलेटर

अप्लाई करें अभी

विवरण आवश्यक दस्तावेज़ दरें और शुल्क EMI कैलकुलेटर

Calculate Student Loan EMI

ऋण राशि

₹

₹75,000 ₹35,00,000

लोन अवधि

1 वर्ष 6 वर्ष

ब्याज दर

10% प्रति वर्ष 19% प्रति वर्ष

मासिक ईएमआई

कुल देय राशि

0*
कुल ब्याज भुगतान

0*

कुल देय राशि

कुल ब्याज भुगतान

अप्लाई करें

विद्यार्थी लोन ईएमआई कैलकुलेटर का उपयोग कैसे करें?

विद्यार्थी लोन ईएमआई कैलकुलेटर को इस्तेमाल करना आसान है।

अपनी ज़रूरत के अनुसार लोन राशि दर्ज करें
लोन अवधि चुनें
आप ब्याज दर के बीच टॉगल करके देख सकते हैं कि आपकी ईएमआई, ब्याज दर के आधार पर कितनी अलग है
उपरोक्त 3 मानों का चयन करने के बाद आप ईएमआई मूल्य देख सकते हैं।

एजुकेशनल लोन ईएमआई की गणना कैसे करें?

आप एक सूत्र या ईएमआई कैलकुलेटर का इस्तेमाल करके एजुकेशन लोन के लिए बराबर मासिक किस्त (ईएमआई) की गणना कर सकते हैं। यहां इसे करने का तरीका बताया गया:

ईएमआई गणना सूत्र

एजुकेशन लोन के लिए ईएमआई की गणना इस सूत्र का इस्तेमाल करके की जाती है:

EMI= P x R x (1+R)^n divide by (1+R)^n - 1

जहां:

P = लोन राशि (मूलधन)
R = मासिक ब्याज दर (वार्षिक ब्याज दर को 12 से विभाजित करके दशमलव में बदला जाता है)
N = महीनों में लोन अवधि