EMI Calculator

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Loan Details

Loan Amount ₹5,00,000
₹50K₹50L
Interest Rate (per annum) 8.15%
6%18%
Loan Tenure 10 Years
1 yr20 yrs
Moratorium Period 0 Years
None7 yrs
Interest accrues during moratorium but no EMI is paid
💡 Section 80E Tax Benefit
The entire interest paid on your education loan is deductible under Section 80E for up to 8 years — saving you ₹0 in taxes (30% bracket).

EMI Comparison Across Banks

For your loan amount & tenure

Monthly EMI
₹0
Starting after moratorium period
₹0
Principal
₹0
Total Interest
₹0
Total Payable
Interest 0%
Principal Amount
Total Interest

Year-wise Amortisation

Year Principal Paid Interest Paid Balance