How does student loan repayment work during and after studies abroad in Germany?

Repayment of your student loan during and after studying abroad depends on your lender’s policies and the country where you study.

- Moratorium period: Most Indian education loans offer a moratorium (pause) on repayments until after your course ends, usually up to 6-12 months after graduation or securing a job. Interest may accrue during this time.
- Repayment start: After the moratorium, you typically begin repaying the principal and interest in monthly installments. Tenure ranges from 5 to 15 years, based on loan amount and lender.
- Studying in Germany: International students may have limited access to German student loans. Indian loans remain repayable as per the original terms.
- Repaying from abroad: Some lenders accept repayments in foreign currency or INR, and may require proof of employment or income.
- Prepayment: Many banks allow early repayment without penalties.