Education Plan
| Your Child's Present age | Years | |||
| Your Child's Age when Professional/Higher Education starts | Years | |||
| No. of years left to achieve the Goal | Years |
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Present Cost of Professional/Higher Education (Present cost for an MBA Degree from an IIM can be considered around Rs. 15 lac) |
Rs. | |||
| Expected annual increase in education cost | % | |||
| Future cost of Professional/Higher Education | Rs. |
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| How much loan would you like to take | % | |||
| Amount to be accumulated | Rs. |
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| Annual Increament in Investment (Suggested range is 5%-10%) | % | |||
| Amount accumulated till today/ Lump-sum Investment | Rs. | |||
| Expected Returns | % | |||
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Required Monthly Investment : |
Rs. |
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