Can I get a rough idea of the EMI if I pursue a loan of twenty five lakh?
Yes, for a ₹25 lakh education loan, the monthly EMI depends on the interest rate and loan tenure.
- At 10.5% interest for 7 years: EMI is about ₹42,150/month. Total repayment: ₹35.4 lakh (includes ₹10.4 lakh interest).
- At 11.5% interest for 7 years: EMI is about ₹43,470/month. Total repayment: ₹36.5 lakh (includes ₹11.5 lakh interest).
These figures are approximate and subject to change based on lender terms. For an exact quote and options, connect with your LeapScholar counsellor.
Still have doubts?
Speak to a LeapScholar expert — free, no obligations.
More Cost & living questions
- How do US universities evaluate Indian LLM applicants differently from UK or European law schools?
- What is the fee range for a one-year MBA course compared to a two-year course in UK?
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- What is the minimum budget required for studying abroad in Canada or Ireland for two years?
- Can you provide the best UK university options for a Master's within my budget?
- What are the tuition fees for studying in Germany for a Master's/Bachelor's?
- What do you think are the chances of living a very comfortable life in the UK compared to India considering expenses?
- How much are the average monthly living expenses in East London including rent and other costs?
