What is the moratorium period in education loans?

A grace period during which no EMIs are required — usually course duration + 6–12 months. Interest still accrues unless paid during this time.

Are education loan EMIs tax-deductible?

Yes — interest paid is fully deductible under Section 80E for up to 8 years. There is no upper limit on the deduction.

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Plan your education loan repayment.

Reviewed by Nisha SLast verified 6 Sept 2026RBI-compliantFact-check policy

Loan Amount₹10,00,000

₹50K₹100L

Interest Rate %10.5%

5%30%

Tenure (years)8 yrs

315

Monthly EMI₹15,440

Total Interest₹4,82,242

Total Payment₹14,82,242

Compare rates across 50+ banks.

Personalised plan in 60 seconds.

Calculate equated monthly installments for your education loan based on amount, rate and tenure.

EMI = [P × r × (1+r)^n] / [(1+r)^n − 1]

Everything you need to know about the Education Loan EMI.

Results are illustrative estimates for planning. Actual figures depend on bank/AMC terms, taxes and market conditions.