What is the TCS rate for foreign education in 2026?

Under LRS, the TCS is 5% for self-funded education above ₹7L. If funded by a bank loan u/s 80E, the rate is significantly lower at 0.5%.

How much is the average Forex markup by Indian banks?

Banks typically charge 1.5% to 3.5% above the interbank rate. Using Neo-banks or specialized Forex cards in 2026 can reduce this to 0-0.5%.

Study Abroad Financial Planner

Plan foreign education costs in INR: tuition, living, LRS TCS rules, and bank Forex markups for 2026.

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Quick Summary: Study Abroad Financial Planner

Studying abroad in 2026 costs 15-20% more than the sticker price due to 5% LRS TCS (for self-funded) and 2-3% bank Forex spreads. This planner converts foreign tuition into real INR impact, helping you calculate the exact SIP needed to bridge the gap.

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Regulatory Disclaimer

Last verified May 2026

Statutory Disclosure

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.