Discover how to calculate your student loan Equated Monthly Installment (EMI) for effective financial planning. Educational loan calculator helps to calculate your monthly EMIs & find out if you're eligible to apply for an education loan.
Our Educational Loan EMI Calculator is designed to be user-friendly and completely free. To use it, simply follow these steps:
Loan Amount: Enter the amount of educational loan you require.
Tenure: Choose the duration over which you want to repay the loan. Remember, a longer tenure reduces your monthly EMI, while a shorter tenure increases it.
Rate of Interest: Input the interest rate offered by your bank or financial institution.