Education Loan Calculator

Yes — interest is deductible with no upper limit, for up to eight years from when repayment begins, under the provision formerly numbered 80E.

A repayment holiday covering the course duration plus six to twelve months. Interest typically still accrues, so consider paying simple interest during the moratorium if you can.

Loans up to around ₹7.5 lakh are often collateral-free under government schemes. Larger amounts usually require security.