Education Loan EMI Calculator
Calculate education loan EMI and plan your repayment
EMI Formula
EMI = [P × r × (1 + r)^n] / [(1 + r)^n - 1]
Where:
P = Principal Loan Amount
r = Monthly Interest Rate (Annual Rate / 12 / 100)
n = Loan Tenure in Months
About Education Loan EMI
Education loans help finance higher education expenses. The EMI calculator helps you understand your monthly repayment obligations and plan your finances accordingly. Many banks offer moratorium periods during the course.