Loan EMI Calculator
See your monthly education-loan repayment in real time.
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Interest accrues for and is added to the loan, so you start repaying rather than . Compounding it monthly adds more than the simple-interest rule the IBA model scheme lays down. The model scheme also provides a 1% interest concession where the interest is serviced right through the study period and the moratorium — worth asking your branch about.
You pay roughly a month during the moratorium ( in total), and the principal stays at .
Assumption on screen: Read what the scheme says →
Indicative only — your actual EMI depends on the lender, the exact moratorium and processing fees. How education loans really work →
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