Your education loan, explained.

Education loan · Kaveri Study Abroad Loan · Kaveri Credit Ltd · ••••2093

Illustrative

Education loan · abroad · NBFC

Sanction1 Aug

Interest building up

₹5,57,227

added to the loan on 30 Dec 2027

Paid out

₹20,00,000

of ₹20,00,000 sanctioned

EMIs start

30 Dec 2027

in 14 months

EMI

₹37,500

for 144 months

100% of the loan paid out

An education loan of ₹20,00,000 from Kaveri Credit Ltd at 12.50% a year (floating), for study abroad. Interest builds up while studying (about ₹5,57,227) and is added to the loan; EMIs start on 30 Dec 2027 and run 144 months. The interest is tax-deductible for 8 years under the old regime.

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