Education loan
Illustrative cash-flow paths, not lender terms or an approved result.
Correct the highlighted inputs to see the comparison.
Planned disbursements
| Course year | Planned date | Amount |
|---|---|---|
| 1 | 1 Oct 2026 | ₹20,00,000.00 |
Benefits awaiting review
Rate concession, government interest subsidy and Section 80E are unavailable until lender terms, eligibility, benefit period and tax-year evidence are reviewed.
Method and sources
Review candidate: nominal annual rate divided by twelve on disbursed principal. Interest is serviced monthly or accrued separately and capitalised once after course plus grace. Repayment starts the next month, with a capped final payment. Both paths use the same rate; concessions and subsidies are excluded. Tax deduction and saving are unavailable without a reviewed tax year, eligibility and actual interest payments. Qualified lending and tax approval is pending.
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Ministry of Education · PM-Vidyalaxmi guidelines, 19 November 2024
Manual illustration only. Actual disbursal and capitalisation dates, servicing terms and rates depend on your lender. No sanction, subsidy, concession or Section 80E saving is estimated. Check your lender documents before a payment decision.