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