Is there any benefit if the interest is paid during the study period?

Yes, normally, the schedule is designed to encourage at least simple interest repayment during the course period. This helps the students or parents:

• Get the income tax benefit on the interest paid from the get-go
• Save money on accrued interest (in case of complete moratorium) that gets capitalised, ensuring a manageable outflow in the long run
• Lends a sense of financial planning to the student

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