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Savings goal

Education Savings Planner — Fund a Degree or Course

From a child's college fund to your own master's degree, education is a goal worth planning early. Enter the total fees and when you'll need them to get a clear monthly savings target.

Goal amount

12,00,000

Example target for education

Timeline

5 years

60 months to save

Save per month

20,000

~₹667/day

How the math works

A savings goal is simple straight-line math: divide what you still need by the number of months you have. For this example, 12,00,000 ÷ 60 months = 20,000 per month. Already have something saved? Subtract it first — the calculator above does this automatically.

Tips for saving for education

  • Factor in fee inflation — education costs typically rise 8–10% a year, so target a higher number than today's fees.
  • The longer your runway, the smaller the monthly amount — start as early as you can.
  • For long horizons, consider a mix of safe savings and SIPs to beat inflation.
  • Keep tuition and living-cost funds separate so you can track each clearly.

Plan it with your own numbers

Open the full Savings Goal Calculator to set your own target and deadline, compare conservative/balanced/aggressive plans, and see a month-by-month roadmap to education.

FAQ

Common questions

To save ₹12,00,000 for education in 5 years, you'd set aside about ₹20,000 every month — roughly ₹667 a day. Use the calculator above to plug in your own target and timeline.