Child Education Planning

Calculate how much to save monthly for your child's higher education. Factor in education inflation to find the corpus and SIP needed for college fees in India.

Child Education Planning Calculator

Plan your child's higher education fund with inflation adjustment

Child's current age 2 yrs
yrs
Age at higher education 18 yrs
yrs
Current cost of education Rs 15,00,000
Rs
Education inflation 10%
%
Expected investment return 12%
%
Existing savings for education Rs 0
Rs
Education cost at target age
---
inflation adjusted
Monthly SIP needed
---
starting today
Years to save
---
investment horizon
Future education cost---
Existing savings (grown)---
Gap to fill via SIP---
Monthly SIP required---

Education costs and returns are estimates. Actual figures may vary significantly.

Education fund growth over years
💡
ThriftRupee Insight

Education inflation in India runs at 10-12% per year -- much higher than general inflation. An engineering degree costing Rs 10 lakh today will cost Rs 26 lakh in 10 years and Rs 67 lakh in 20 years. IIM MBA fees have grown from Rs 15 lakh (2010) to Rs 25 lakh+ (2024). Start a dedicated child education SIP from birth -- even Rs 3,000/month at 12% for 18 years builds Rs 22 lakh. Use SSY (Sukanya Samriddhi Yojana) for daughters.

Child Education Planning Calculator India 2026

Calculate the future cost of your child's higher education after adjusting for education inflation, and find the monthly SIP needed to build that corpus by the time they need it.

Frequently asked questions

How much does higher education cost in India?▼
Engineering (private): Rs 8-20 lakh for 4 years. IIT: Rs 8-10 lakh. MBBS (private): Rs 50 lakh-1 crore. IIM MBA: Rs 23-25 lakh. Study abroad (US/UK): Rs 50 lakh-1.5 crore for the full program. With 10-12% education inflation, plan for 2-3x current costs if your child is young.
What investment is best for child education planning?▼
For 10+ years: Equity mutual funds (SIP) for highest growth. For daughters: Sukanya Samriddhi Yojana (SSY) -- 8.2% guaranteed, tax-free, lock-in till 21. For 5-10 years: Hybrid mutual funds. Avoid child ULIPs -- high charges eat returns. Keep the fund in parent's name for flexibility. Consider education loan as backup to preserve corpus.
Should I take an education loan or use savings?▼
Education loans up to Rs 7.5 lakh need no collateral. Interest paid is deductible under Section 80E for 8 years -- significant tax saving for high earners. If your savings are generating 12%+ returns, it may be better to keep them invested and take a partial loan. However, loans put repayment burden on the child. Ideal: build 50-60% via savings, loan for the rest.

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