MUMBAI, India, Jan. 2 -- Intellectual Property India has published a patent application (202541122788 A) filed by Dr Shinta Sebastian, Idukki, Kerala, on Dec. 5, 2025, for 'automated privacy-preserving education loan repayment system linked to verified employment and salary dynamics.'
Inventor(s) include Dr Shinta Sebastian.
The application for the patent was published on Jan. 2, under issue no. 01/2026.
According to the abstract released by the Intellectual Property India: "Automated Privacy-Preserving Education Loan Repayment System Linked to Verified Employment and Salary Dynamics This invention describes an automated loan repayment system that initiates and regulates student loan repayments based on cryptographically verified employment data while maintaining user privacy. Employment data is collected from multiple trusted sources-such as universities, employers, and government databases-and converted into zero-knowledge proofs to verify job status without revealing sensitive details. The system handles user consent, ensures legal data compliance, and interacts in real-time with bank servers to update loan statuses. When employment is confirmed, the loan automatically shifts from the moratorium to repayment, with EMI amounts adjusted dynamically based on salary. An optional AI predictor evaluates employment trends to foresee potential defaults. The system improves early NPA detection, ensures fair and timely recovery for banks, and aligns repayment terms with actual student income. Novelty lies in its zero-knowledge proof integration, real-time status automation, and predictive AI utility for non-performing asset risk."
Disclaimer: Curated by HT Syndication.
