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IIM Calcutta Alum Says She Cleared ₹30 Lakh MBA Loan in Two Years Using Four Income Streams

Her viral Instagram post has revived debate over paying off low-cost education loans early.

Overview

  • Indian outlets on Saturday reported her Instagram account and noted the claim has not been independently verified.
  • She said she used cash savings from two pre-MBA working years to pay fees while keeping long-term investments such as mutual funds and the Public Provident Fund intact.
  • During the MBA, she cited a paid summer internship and part-time work after a pre-placement offer as added income.
  • After graduation, she said having no dependents let her put a large share of her salary toward the loan to gain peace of mind and flexibility to leave a job.
  • Readers praised her discipline, while others argued early payoff of relatively cheap, tax-advantaged education loans may be a weaker financial choice.