What is the typical monthly interest payment for a student loan of around forty lakhs?
19 Jun 2026 · Answered by Abhishek Mehta · 1 min read
The typical monthly interest payment on a ₹40 lakh education loan ranges from ₹29,700 to ₹35,000/month, depending on the interest rate (8.90% - 10.50% per annum) and lender terms.
- If you pay only interest during the moratorium (study period): Your monthly payment will be about ₹35,000 at a 10.50% rate.
- If you do not pay interest during the moratorium: The unpaid interest is added to your principal, increasing your future EMI after graduation.
These figures are approximate and subject to change based on lender policies. For a precise calculation based on your loan offer, please connect with your LeapScholar counsellor.
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