Education Loan EMI Calculator
Calculate your monthly EMI for education loans
EMI Calculator
Enter loan details to calculate your monthly installment
Understanding Education Loan EMI
EMI (Equated Monthly Installment) is the fixed amount you pay every month to repay your education loan.
EMI Formula
EMI = [P × R × (1+R)^N] / [(1+R)^N-1]
Where P = Principal, R = Monthly Interest Rate, N = Tenure in months