# Education Loan EMI Calculator

Your monthly EMI will be displayed here.

Principal |
Interest |
EMI |

₹ 0 |
₹ 0 |
₹ 0 |

## How an Education Loan EMI Calculator Works

**Input Details:** You need to enter the loan amount, interest rate, and loan tenure.

**Calculation Formula:** The EMI is calculated using the formula:

where:

**P** is the principal loan amount
**R** is the monthly interest rate (annual rate divided by 12)
**n** is the loan tenure in months