EMI Calculator

Calculate Your EMI

Plan your loan repayment with our interactive calculator. See your monthly EMI, step-up payments, and total interest.

Loan Parameters

₹50,000
₹5,000₹1,50,000
8.5%
7%12%
36 months (3 yrs 0 mo)
1 year7 years
9 months
3 months15 months

Moratorium = Course duration + 3 months (no EMI during this period)

Step-up EMI Benefit

For the first 6 months after moratorium, you pay only 50% of regular EMI. This helps you settle into your new job before full payments begin.

Your EMI Breakdown

Regular EMI
₹1,578
per month
Step-up EMI
₹789
first 6 months
Loan Amount₹50,000
Moratorium Interest₹3,188
Total Interest₹5,274
Total Payment₹55,274

Payment Schedule

Moratorium Period
9 months - No EMI payment
Interest accrues: ₹3,188
Step-up Phase
6 months @ ₹789/month
50% of regular EMI
Regular EMI Phase
30 months @ ₹1,578/month
Full EMI payment
Loan Closure
After 45 months from disbursement

Key Features

Step-up EMI
50% EMI for 6 months
Moratorium
No EMI during course
Low Interest
MCLR + 1-2%
No Prepayment Fee
Pay early, save interest
Disclaimer: This calculator provides indicative EMI values for planning purposes only. Actual EMI may vary based on bank policies, your credit profile, and prevailing interest rates at the time of disbursement. Please consult with the lending bank for exact figures.