Education · Free tool
Education Loan EMI + 80E
Section 80E lets you deduct the entire interest paid on a higher-education loan from your taxable income — no upper cap, available for 8 years from the start of repayment.
₹20,00,000
11.5%
7 yrs
20%
EMI
₹34,773
Total interest₹9,20,925
Annual interest₹1,31,561
80E tax saving / yr₹27,365
Net interest after 80E₹7,29,373