Child Education Cost Calculator

Plan your child's education fund for IIT, IIM, MBBS, or abroad studies. See future costs with education inflation and calculate the exact SIP or lumpsum needed today. Start early — every year of delay doubles the effort.

SEBI-compliant formulas·Methodology disclosed·Updated June 2026·Free · No signup

Monthly SIP Needed

₹9,275Future cost: ₹34.52 L

Current Cost (2026)

₹10.00 L

Future Cost (13yr)

₹34.52 L

Lumpsum Needed Today

₹7.91 L

Shortfall

₹34.52 L

Education Plan Details

Education Goal

Child's Current Age

0 years15 years

Current Education Cost (2026)

1,00,0001,00,00,000

Education Inflation Rate

8% p.a.12% p.a.

Expected Investment Return

8% p.a.15% p.a.

Existing Savings for Education

050,00,000

Monthly SIP Needed

₹9,275Future cost: ₹34.52 L

Current Cost (2026)

₹10.00 L

Future Cost (13yr)

₹34.52 L

Lumpsum Needed Today

₹7.91 L

Shortfall

₹34.52 L

AI Insight

IIT B.Tech ki current cost ₹10.00 L hai, lekin 13 saal baad education inflation (10%) ke baad yeh ₹34.52 L ho jayegi. Jaldi start karna bohot zaroori hai.

Aapne age 5 ya pehle start kiya — great decision! Age 10 pe start karte toh SIP almost double hota. Compounding ka magic time ke saath kaam karta hai.

Beti ke liye Sukanya Samriddhi Yojana (SSY) consider karein — 8.2% guaranteed return, tax-free, ₹1.5L/year tak Section 80C benefit. Best risk-free option for daughters.

What-If Scenarios

IIT B.Tech

Future cost: ₹34.52 L

₹9,275/mo

13 years to go

IIM MBARecommended

Future cost: ₹1.26 Cr

₹19,108/mo

17 years to go

Abroad Undergrad

Future cost: ₹1.38 Cr

₹37,100/mo

13 years to go

Savings Growth vs Education Cost

Your Savings

₹34.52 L

Future Cost

₹34.52 L

More Calculators

SIP CalculatorPopular EMI CalculatorPopular FD Calculator Lumpsum Calculator PPF Calculator NPS Calculator SWP Calculator Tax Calculator Gratuity CalculatorNew EPF CalculatorNew HRA CalculatorNew Salary CalculatorNew TDS CalculatorNew Home Loan EMINew Personal Loan EMINew

Frequently Asked Questions

How much does IIT education cost in India in 2026?▼

IIT B.Tech total cost in 2026 is approximately ₹10-12 lakh for 4 years (tuition + hostel + living). With education inflation of 10% per year, this could be ₹25-30 lakh in 10 years. SC/ST students get fee waivers. Private IITs and NITs cost ₹15-20 lakh.

How much SIP is needed for child's education in India?▼

For IIT (₹10L current cost), starting SIP at child's age 5: ~₹3,500-4,500/month in equity mutual funds (12% returns). For IIM MBA (₹25L), start at age 5: ~₹5,000-7,000/month. For abroad undergrad (₹40L), ~₹12,000-15,000/month. Starting earlier dramatically reduces the monthly amount needed.

Is Sukanya Samriddhi Yojana good for education planning?▼

Sukanya Samriddhi Yojana (SSY) offers 8.2% interest (2026), tax-free returns under Section 80C (up to ₹1.5L/year), and guaranteed government backing. It's excellent for risk-free education savings for daughters. However, it matures at age 21 and allows 50% withdrawal at age 18 for education. For higher returns, combine SSY with equity mutual fund SIPs.

What is education inflation rate in India?▼

Education inflation in India runs 8-12% per year — much higher than general CPI inflation (5-6%). IIT/IIM fees have increased 10-15% annually. Private medical colleges see 12-15% inflation. Abroad education costs rise 5-8% in local currency, but INR depreciation adds another 3-4%. Always plan with 10% education inflation minimum.

When should I start saving for my child's education?▼

Start as early as possible — ideally from birth or age 1. Starting at birth vs age 10 can reduce your monthly SIP by 60-70% due to compounding. For a ₹40L abroad education goal, starting at birth needs ~₹5,000/month SIP, but starting at age 10 needs ~₹18,000/month. Even ₹1,000/month from day one grows significantly over 18 years.

Share:WhatsApp Facebook Twitter

⚠️ Important Disclaimer: InvestingPro is not a registered investment advisor or SEBI-registered entity. Content is for educational purposes only and should not be considered personalized financial advice. Please consult a licensed financial professional before making investment decisions. Read full disclaimer →

No paid rankings

Methodology disclosed

SEBI-compliant

Editorial standards