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Education Loan Calculator
Plan your study-abroad or higher education loan with moratorium.
Enter values to see your result
Frequently asked questions
What is the moratorium period?
The course duration plus a grace period (usually 6–12 months) during which you do not pay EMI. Interest accrues and is typically added to your principal.
Can I pay interest during moratorium?
Yes. Paying simple interest during moratorium (called "servicing") prevents it from being added to the principal and reduces your lifetime interest burden.
Are education loans eligible for tax benefit?
Yes. Interest paid on an education loan is fully deductible under Section 80E for up to 8 years, with no upper cap on the amount.
What is the maximum education loan amount?
Up to ₹10 lakh for studies in India and ₹30 lakh for abroad under standard schemes. Premium institute lists often allow higher amounts.