How should I pay my education loan of 2.2 lakhs with an interest of 12%: through installment or by paying the full amount? I had an education loan in the amount of 3.65 lakhs (2006-2010). I have started to deposit the amount from 2012 to till now of nearly 2 lakhs, but my loan amount is still 3.65 lakhs. What is the best possible way to complete my education loan?