Financial Calculators

Education Loan EMI Calculator FY 2025-26

Calculate your education loan EMI for FY 2025-26. Estimate monthly EMI, total interest, tax benefits under Section 80E, and repayment schedule for loans from ₹50,000 to ₹1.5 crore. Supports PM-Vidyalaxmi and CSIS subsidies.

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Government Loan Scheme Deadlines (2025)

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Calculate Your Education Loan EMI

Enter details to calculate EMI using the reducing balance method. Results are estimates; consult your lender for exact terms.

FAQs

How is education loan EMI calculated?

EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is loan amount, r is monthly interest rate, and n is repayment months.

What are Section 80E tax benefits?

Interest paid on education loans is fully deductible under Section 80E (old regime) for up to 8 years. No limit on deduction amount.

What is PM-Vidyalaxmi?

A scheme offering collateral-free loans for top 860 institutions with 3% interest subvention for incomes up to ₹8 lakh. Apply by August 31, 2025.