Calculate your ICICI Bank education loan EMI instantly. Current rate starts from 9.25 - 13.00% p.a. with tenure up to 12 years.
| Year | Principal | Interest | Balance |
|---|
ICICI Bank offers education loan starting from 9.25 - 13.00% per annum with a maximum tenure of 12 years. The processing fee is 1% + GST. Prepayment policy: Nil.
Tenure: 7 years
| Loan Amount | Monthly EMI | Total Interest | Total Payment |
|---|---|---|---|
| ₹5 Lakh | ₹8,108 | ₹1,81,072 | ₹6,81,072 |
| ₹7 Lakh | ₹11,351 | ₹2,53,484 | ₹9,53,484 |
| ₹10 Lakh | ₹16,216 | ₹3,62,144 | ₹13,62,144 |
| ₹15 Lakh | ₹24,324 | ₹5,43,216 | ₹20,43,216 |
| ₹20 Lakh | ₹32,432 | ₹7,24,288 | ₹27,24,288 |
| ₹25 Lakh | ₹40,541 | ₹9,05,444 | ₹34,05,444 |
| ₹30 Lakh | ₹48,649 | ₹10,86,516 | ₹40,86,516 |
| ₹40 Lakh | ₹64,865 | ₹14,48,660 | ₹54,48,660 |
| ₹50 Lakh | ₹81,081 | ₹18,10,804 | ₹68,10,804 |
ICICI Bank offers Education Loan at interest rates starting from 9.25 - 13.00% per annum in 2026. The actual rate depends on your credit score, income, loan amount, and relationship with the bank.
The EMI for a ₹20 Lakh Education Loan from ICICI Bank at 9.25% for 7 years is approximately ₹32,432 per month. Use the calculator above to check EMI for different amounts.
ICICI Bank offers Education Loan up to ₹1 Crore with a maximum tenure of 12 years, subject to eligibility criteria and income assessment.
The processing fee for ICICI Bank Education Loan is 1% + GST. Prepayment charges: Nil.
You can apply for ICICI Bank Education Loan online through their official website or by visiting the nearest branch. You will need documents such as identity proof, address proof, income proof, and bank statements. Use the EMI calculator above to plan your loan before applying.