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BANKING LOANS
Education Loan EMI Calculator - Support Your Studies
Calculate the EMI for your student loan. Plan your future higher education with accurate repayment schedules and interest estimates.
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Frequently Asked Questions
Does education loan have a moratorium period?
Yes, it usually includes a holiday period (course duration plus 6-12 months) before repayment starts.
Is there a tax benefit for education loans?
Yes, the interest paid is fully deductible under Section 80E without any upper limit for 8 years.
What can be covered in an education loan?
It covers tuition fees, accommodation, exam fees, and travel expenses for studies abroad.