Is it possible to compensate my education loan from the salary earned through jobs abroad?
Yes, you can repay your Indian education loan using the salary you earn from jobs abroad. Many Indian banks and financial institutions allow flexible repayment options for borrowers residing overseas.
Typically, repayment starts six months after course completion, but this may vary by lender. You can usually make repayments via international bank transfers, online payments, or direct debits from your Indian account.
Be aware that currency exchange rates and transfer fees may apply. Regularly update your lender about your employment status and overseas address to ensure smooth repayments.
Will you actually get a job after your master's?
Talk to a counsellor about real outcomes, salaries and which courses employers hire from.
More Post-study work questions
- Is Germany the best first priority country for my course and career scope for a Master's?
- What are the career prospects in Singapore after completing an MPH at NUS as an Indian student?
- After completing my studies, can I stay back in Ireland and apply for permanent residency for a Master's/Bachelor's?
- Can an Indian student get a job in Germany after a master's without prior work experience, especially with good German skills?
- How good is the post masters job market in the UK and Europe for Indian students, especially after an MSc in Finance?
- Is the negativity about Germany's job market for Indian students accurate, or does effort make the real difference?
- What are the differences in career opportunities and PR options between Germany and Canada?
- Is my daughter planning to settle down abroad with permanent residency or just study in Singapore/USA for a Master's?
