Most education loans grant a moratorium = course duration + 6 to 12 months. Interest accrues (usually simple) during the moratorium and is added to the principal at the start of repayment. Section 80E allows full interest deduction (no cap) for up to 8 years.
Post-moratorium EMI
₹0
Interest in moratorium
₹0
Effective principal at repayment start
₹0
Total interest (over loan)
₹0
Total amount payable
₹0
80E tax saved (8 yr cap)
₹0
Net cost (post 80E)
₹0
Section 80E quick facts
Available only in old tax regime.
Deductible: 100% of interest paid, no upper limit.
Period: 8 years from start of repayment, or until interest is fully paid (whichever earlier).
Loan must be from a scheduled bank or notified financial institution; for self / spouse / children / legal ward.