About this tool
Estimate interest accumulation and repayments for the study, moratorium and repayment assumptions entered. Review when interest is paid or added to principal before comparing an education-loan proposal.
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server.
मुख्य इनपुट और नियंत्रण हिंदी में देखने के लिए ऊपर “🇮🇳 हिंदी में देखें” चुनें। गणना और फ़ाइल प्रोसेसिंग इसी ब्राउज़र टैब में होती है; टूल आपके इनपुट हमारी होस्टिंग पर नहीं भेजता।
Features
- Work with Total Education Loan Disbursed (₹); Annual Interest Rate (% p.a.); Course + Moratorium Period (Months).
- Review Moratorium Simple Interest; Capitalized Principal at Graduation; EMI (If Interest Capitalized) in the result breakdown.
Benefits
- Separate the study-period assumption from later repayments.
- Compare the effect of servicing interest earlier.
Who should use this tool?
- Students reviewing a loan proposal.
- Families preparing an education-cost worksheet.
How to use
- Complete the labelled fields for your scenario, including Total Education Loan Disbursed (₹); Annual Interest Rate (% p.a.); Course + Moratorium Period (Months). Use the units shown beside each field.
- Try the example labelled “₹15 Lakh MBA/MS Loan @ 9.5% (30 Mos Moratorium, 10 Yr Replay)” if you want to check the workflow first.
- Select Calculate / Run Tool and review Post-Moratorium Monthly EMI and Moratorium Simple Interest; Capitalized Principal at Graduation.
- Check the assumptions and limitations below. Adjust a value to compare scenarios, then copy or download the result you need.
Try these worked examples
| Scenario | Example inputs | Example result |
|---|---|---|
| ₹15 Lakh MBA/MS Loan @ 9.5% (30 Mos Moratorium, 10 Yr Replay) | Total Education Loan Disbursed (₹): 1500000Annual Interest Rate (% p.a.): 9.5Course + Moratorium Period (Months): 30Repayment Tenure After Moratorium (Years): 10 | ₹24,019/mo (or ₹19,410/mo if moratorium interest is serviced) |
| ₹8 Lakh B.Tech Loan @ 8.8% (54 Mos Moratorium, 8 Yr Repay) | Total Education Loan Disbursed (₹): 800000Annual Interest Rate (% p.a.): 8.8Course + Moratorium Period (Months): 54Repayment Tenure After Moratorium (Years): 8 | ₹16,246/mo (or ₹11,637/mo if moratorium interest is serviced) |
Reference and processing
Indian Banks Association (IBA) Model Education Loan Scheme & Sec 80E · Listed applicability: 2025-2026
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server.
FAQs
Does a moratorium mean that no interest accrues?
The estimate follows the interest and timing assumptions shown. Check the actual loan terms to understand whether interest accrues, is serviced or is added to the repayment principal.
Which inputs do I need for Education Loan Moratorium Interest & Sec 80E EMI Calculator?
Use Total Education Loan Disbursed (₹); Annual Interest Rate (% p.a.); Course + Moratorium Period (Months); Repayment Tenure After Moratorium (Years). The built-in examples show how those fields fit together.
What should I check before using this result?
Many public sector banks offer a 0.5%–1% interest concession if simple interest is serviced regularly during the study moratorium. Check current official rules and your own circumstances before making a filing or financial decision.
What happens to the information I enter?
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server. Tool favourites save only tool IDs in this browser. Sharing sends the tool link, not your working values or files.