How to Repay Your SBI Study Abroad Loan Before and After Graduation

Planning to study abroad is exciting, but repayment questions can quickly become stressful. Knowing when and how to start repaying your SBI education loan helps you plan with confidence. During your studies and the moratorium period (course duration plus six months), you have two main options: 1. Pay simple interest only to keep your overall cost lower later. 2. Defer all payments, knowing interest will accrue and increase your future balance. After graduation and the moratorium, full EMIs (principal and interest) kick in. Your repayment tenure can extend up to 15 years, giving you flexibility to match your income. Smart planning tips: • Make interest payments early when possible to reduce long-term costs. • Borrow only what you need and choose courses with strong job prospects. • Use the moratorium period to secure a job and set aside funds for currency fluctuations. A clear repayment strategy from the start can keep your finances stress-free while you focus on your studies and career ahead.

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