If I apply for a loan to study abroad, how long will it take to complete the loan repayment after finishing my studies?

The typical repayment period for an education loan to study abroad is 5 to 15 years, depending on the loan amount and your lender's policies.

- Public sector banks often offer up to 15 years for larger loans.
- Private banks/NBFCs usually have shorter tenures, around 5 - 10 years.

A moratorium period (course duration plus 6 - 12 months after graduation) is usually provided, but interest accrues during this time and is added to your principal.

If possible, paying the interest during the moratorium can reduce your overall repayment burden. Most lenders allow prepayment without penalty, which can further shorten your repayment period.

For details specific to your situation, discuss options with your lender or your LeapScholar counsellor.