Source: https://awesomecalcs.com/education-loan-calculator/10-lakh-loan-1-year-moratorium
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

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# Education Loan EMI for Rs 10 Lakh with 1 Year Moratorium

> Calculate the EMI for a Rs 10,00,000 education loan with a 1 year moratorium period before repayment starts.

Interactive calculator: https://awesomecalcs.com/education-loan-calculator/10-lakh-loan-1-year-moratorium

Keywords: education loan calculator, 10 lakh education loan emi, education loan moratorium

## Scenario inputs

```json
{
  "inputs": {
    "principal": 1000000,
    "annualInterestRate": 9.5,
    "moratoriumMonths": 12,
    "repaymentTenureYears": 10
  }
}
```

## Frequently asked questions

### Why is my EMI based on a larger amount than what I actually borrowed?

During the moratorium period you make no payments, so interest keeps accruing and is added to (capitalised into) your principal once repayment begins. Your EMI is then calculated on this larger, capitalised principal.

### Can I pay the interest during the moratorium to reduce my EMI later?

Yes, many lenders allow you to pay just the accruing interest during the moratorium period. Doing so prevents that interest from being capitalised, which keeps your principal lower and reduces your EMI once regular repayment starts.