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.
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