Should I prepay my Education loan or continue?

Banking HowTo

I took an education loan of Rs 13 lacs at 8.6% in 2015.The outstanding now is Rs 8 lacs .I opted repayment period of 8 years as the tax benefit on education is for eight years only.

I have been claiming Income Tax exemption on the interest component of close to Rs 80000 every year. Should I prepay my loan or continue ? I am in the 30% tax bracket.


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