IIM pass out reveals how she paid off ₹30 lakh loan for MBA in just 2 years: ‘Might not be a good financial decision’
Mint·2h ago·Positivity
What Happened
An IIM Calcutta MBA graduate paid off her ₹30 lakh student loan in two years using four income sources: pre-MBA savings, internship stipend, part-time work, and post-graduation salary. She had no dependents and avoided liquidating investments like mutual funds or PPF. Financial experts noted early repayment may not be optimal due to low interest rates and tax benefits, but the graduate prioritized peace of mind.
Key Entities
IIM CalcuttaAvani Rathore₹30 lakh2 yearsstudent loanmultiple income sources