Student Education Loan EMI Calculator
With over 50% of students choosing education loans over self-funding, there is a critical need to evaluate factors related to education loans to choose the most effective repayment option.
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10+ Years of Expertise
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How to use the Student Loan Calculator?
Know your Loans & ROI.
Student ROI Calculator
As it is imperative to consider ROI before choosing a loan scheme or company, you must use this tool carefully to make an informed decision.
First step is to choose the college category after consulting with one of the Student Cover’s loan expert. Thereafter know your CIBIL score through reliable sources on the internet.
Use these 2 points to calculate the ROI.
Student Loan EMI Calculator
Using the Collegence EMI calculator, students can quickly calculate your education loan EMIs by entering the following:
1. Loan amount - The tentative amount needed by the student to pay for tuition and living expenses(combined or separately)
2. Instalment years - The no. of years for which loan would run. This is also called Loan term. This can be 7 or 10 years in most cases.
3. ROI - Tentative rate of interest at which loan would be offered by the lender. Use the Collegence ROI calculator to know the most accurate ROI.