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Your Complete Guide to Secure Education Loans for India and Abroad

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Educational Loan for students in India

EMI Calculator for Education Loans

Loan Amount

2000000

Interest Rate

10

Loan Tenure

Yr
Mo
10

EMI Amount

26,430 Per Month

Total Interest

11,71,600

Payable Amount

31,71,600
Get a detailed breakdown of your total repayment using our comprehensive education loan repayment calculator.
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Get Comprehensive Admission & Loan Assistance

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How to Apply for Student Loan in India

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Fill out the Student Loan Application Form

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Submit the Required Documents

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Application Review by the Bank

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Pay the Loan to your Educational Institute

FAQs

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You can apply for an educational loan through banks, financial institutions, or directly through the educational institution's loan programs (if available).

Repayment periods can vary but typically range from 5 to 15 years, depending on the loan terms and lender.

If your application is denied, review the reasons provided, address any issues, and consider reapplying or exploring alternative funding options.

Yes, many lenders offer loan consolidation options to combine multiple loans into a single loan with one payment.

In some cases, you may qualify for tax deductions on interest paid on educational loans. Consult a CA/ Auditor/ Tax Advisor for details.

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