Education Cost Calculator
Plan for your child's future education expenses
Education Planning
5%10%15%
Education costs typically rise 8-12% annually
Current Cost
₹15.00 L
Future Cost
₹60.08 L
Inflation Impact
+₹45.08 L
Years to Save
13 years
Investment Required
₹15,982
Monthly SIP
₹13.77 L
OR Lumpsum Today
Cost Increase Due to Inflation
Today's CostInflation (+301%)
Year-wise Education Cost
Year 1
₹12.95 L
Year 2
₹14.24 L
Year 3
₹15.66 L
Year 4
₹17.23 L
Savings Milestones
| Year | Corpus | Progress |
|---|---|---|
| Year 3 | ₹7.25 L | 12% |
| Year 6 | ₹17.43 L | 29% |
| Year 9 | ₹31.74 L | 53% |
| Year 12 | ₹51.84 L | 86% |
| Year 13 | ₹60.21 L | 100% |
Education Cost Reference (2024)
| Course | Duration | Cost Range | Inflation |
|---|---|---|---|
| Engineering (IIT/NIT) | 4 years | ₹8-15 L | 8-10% |
| Engineering (Private) | 4 years | ₹15-40 L | 10-12% |
| Medical (MBBS) | 5.5 years | ₹50L-1.5 Cr | 10-12% |
| MBA (IIM) | 2 years | ₹25-35 L | 8-10% |
| US/UK Undergraduate | 4 years | ₹80L-1.5 Cr | 5-8% |