Save lakhs by Education loan transfer
India's only and the most accurate education loan transfer calculator
Calculate, Compare, transfer your education loan to lower rates and save your hard-earned money every month.
Your Current Loan
₹ 0
VS
New Loan via WeMakeScholars
Best Offer₹ 0
Your Potential Savings
Total Saving (over 0 year tenure)
₹ 3,37,761
0.0% Less Repayment
Monthly EMI Saving
₹ 2,814
per month
Interest Rate Reduction
0.00%
lower interest rate
Total Interest Saving
₹ 3,37,761
over the tenure
Loan Finishes Earlier
0 months
earlier
🔒 This offer is exclusive to WeMakeScholars applicants.
Repayment Comparison
Total Repayment (Existing Loan)
₹ 34,43,303
Total Repayment (New Loan via WMS)
₹ 31,05,541
010L20L30L40L
YOU SAVE
₹ 3,37,761
(0.0% Less Repayment)
Benefits of Applying for a Loan Transfer via WeMakeScholars
Refinancing means saving lakhs on your education loans, but applying via WeMakeScholars comes with many additional advantages. WeMakeScholars is an organization funded and supported by the Govt of India for free and genuine advice on education loans. The benefits are as follows:
- Zero processing fee for both collateralized or non-collateralized takeover
- Full digital process support for students and/or Parents esp. those who are abroad.
- No pre-payment penalty
Science behind this calculator
For the working of this calculator, we calculate the total amount you will end up repaying with your current lender with your current EMI. Then we check for the least interest rates available in the market and show you how much you can save if you transfer your education loan.