Degree Loan EMI Calculator
Plan Your Education Loan Smartly and Confidently
A higher education degree is one of the best investments for your future — and with the Rohini Financial Services Degree Loan EMI Calculator, you can easily estimate your monthly repayments before applying. This simple online tool helps you plan your loan amount, tenure, and budget effectively so that financing your education becomes completely stress-free.
What is a Degree Loan EMI Calculator?
A Degree Loan EMI Calculator helps you calculate the Equated Monthly Instalment (EMI) you’ll pay on your education loan.
Just enter your:
- Loan Amount
- Interest Rate
- Loan Tenure
The calculator instantly shows you your monthly EMI, total interest payable, and total repayment amount — allowing you to make informed financial decisions.
⚙️ How the Degree Loan Calculator Works
The calculator uses the following formula:
EMI = [P × R × (1 + R)^N] / [(1 + R)^N – 1]
Where:
P = Principal Loan Amount
R = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100)
N = Loan Tenure in Months
With this calculation, you can clearly see how much you’ll pay each month depending on your loan amount and tenure.
🧾 Example Calculation
| Details | Example Value |
|---|---|
| Loan Amount | ₹10,00,000 |
| Interest Rate | 9.5% p.a. |
| Tenure | 10 years |
| EMI (Approx.) | ₹13,050 per month |
💡 You can adjust the loan amount or tenure to find an EMI that fits your budget and repayment capacity.
🌟 Benefits of Using Rohini’s Degree Loan Calculator
✅ Instant Results – No manual calculations, get results in seconds
✅ Budget Planning – Helps plan your monthly expenses effectively
✅ Comparison Tool – Compare different loan amounts and tenures easily
✅ Completely Free – Use it anytime without login or hidden costs
✅ Transparent – Know your repayment amount before applying
🎯 Why Choose Rohini Financial Services for Your Degree Loan?
- Flexible repayment options to match your post-study income
- Attractive interest rates starting from 8.75% p.a.
- Quick approval & paperless process
- Loan coverage for both domestic and overseas education
- No hidden charges and complete transparency