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    Education Loan EMI Calculator

    Use the online EMI calculator to calculate the education loan. Follow the steps mentioned below:

    Loan Amount ₹50,000
    ₹50,000
    ₹50K₹10L
    Interest Rate 10%
    10%
    5%20%
    Tenure 1 Year
    1 Year
    1Y5Y
    Get Instant Personal Loan in 30 Mins*!

    Online Education Loan EMI Calculator

    Simplify your loan planning process with our online education loan EMI calculator. The EMI calculator is a tool that helps you get your estimated monthly instalment for the education loan. Just input your desired loan amount, education loan interest rate, and loan tenure to calculate the EMI amount.

    Purpose And Uses

    Discover how our personal loans can be tailored to meet your specific needs. Whether you need money for travel, education, emergencies, or any other purpose, find the right loan option to fit your unique situation.

    How to Calculate the Education Loan EMI?

    Simply open the education loan EMI calculator. Make sure you have all the required details including loan amount, interest rate, and loan tenure. Now, just enter these education loan details and click on the “calculate” button to get the Equated Monthly Instalment (EMI) on the loan.

    How to apply for an Education Loan?

    Follow simple steps as mentioned below

    Open Airtel Thanks app

    Find Shop > Airtel Finance

    Select Flexi Credit

    Fill in your basic details

    Get best offer

    Basis profile verification

    Complete the KYC

    Link your bank account

    Features of Education Loan

    With Airtel Flexi Credit you get

    Personal loan amount

    ₹10,000 to ₹9,00,000

    Interest rates

    Starting from 11.5% p.a.

    Personal loan tenure

    03 to 36 months

    Credit disbursal

    Within 24 hours

    No paperwork

    100% online

    Low processing fee

    2% to 4% + GST

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    FAQs on Education Loan EMI Calculator

    Personal Loan Lending Partner - Airtel Flexi Credit

    Education Loan EMI Calculator

    The Education Loan EMI Calculator is a helpful tool that helps you estimate your monthly loan repayments before you apply for a loan. It works by taking important details like the loan amount, interest rate, and tenure, and then calculating how much you will need to pay each month. This way, you can plan your finances better and know what to expect. Whether you are studying locally or abroad, the EMI Calculator helps you understand the cost of borrowing and choose a repayment plan that fits your budget. It is easy to use and gives you a clear picture of your financial commitments.

    Steps to Calculate Education Loan EMI


    Calculating your Education Loan EMI is easy as you need to follow these simple steps:



      • Step 1: Open the education loan EMI calculator


      • Step 2: Input loan details


      • Step 3: Click on “Calculate”


      • Step 4: View results





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    Benefits of Education Loan EMI


    Education Loan EMIs offer several benefits for students and their families:

    • EMIs allow borrowers to repay their education loan in fixed monthly instalments, making it easier to manage finances and budget effectively.

    • With fixed EMIs, borrowers know exactly how much they need to repay each month, providing financial stability and peace of mind.

    • Education loan EMIs often come with flexible repayment tenures, allowing you to choose a tenure that suits your financial situation and preferences.

    • By repaying the loan through EMIs, you can avoid the burden of paying a lump-sum amount and reduce the overall interest costs associated with the loan.

    • Timely repayment of education loan EMIs can help you build a positive credit history and improve your credit score.

    • Education loan EMIs qualify for tax deductions under Section 80E of the Income Tax Act.


    How to get a lower education loan EMI?


    To lower your Education Loan EMI, here are some strategies you can follow:

    Extend the Loan Tenure

    Opt for a longer repayment tenure to spread out your education loan amount

    Choose a Lower Interest Rate

    Get competitive interest rates or consider refinancing your loan to secure a lower rate, which can result in lower EMIs

    Opt for a Floating Interest Rate

    Consider choosing a floating interest rate if it offers lower rates initially, as they may decrease further over time, resulting in lower EMIs

    Increase the Down Payment

    If possible, make a higher down payment upfront to reduce the loan amount, resulting in lower EMIs for the remaining balance

    Make Part-prepayments

    Make part-prepayments towards the principal amount of the loan to reduce the outstanding balance and subsequently lower the EMIs

    How to Use an Education Loan EMI Calculator?


    Using an Education Loan EMI Calculator is simple. Just follow these steps:

    • Input the loan amount you need, the interest rate, and the loan tenure

    • Once you have entered the loan details, click on the “Calculate” button

    • Get the estimated EMI amount you need to pay each month

    • If needed, you can adjust the loan amount, interest rate, or tenure to see how it affects your EMI

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