UK

You cannot live permanently in the UK directly after studies. However, it is very much possible in the future, provided your satisfy the UK visa eligibility requirements mentioned below:

• Must have lived & worked in the country for 5 or more years
• Must not have spent more than 180 days or 6 months outside the UK in any of the five years
• Must meet the minimum salary requirements in the UK which stands at GBP 38,700 (INR 44.56 L)  per year or the "standard going rate" for your job in the country 
• Must remain in-demand for your job in the country & satisfy the minimum salary requirements, even after receiving your PR

The cost of studies in the United Kingdom vary with the universities & the type of course a student opts to pursue. The  cost of studies in the country ranges between GBP 10,000-GBP 38,000 (INR 11.5 L-INR 43.75 L) for one year.

The average cost of studies is around GBP 22,200 (INR 25.5 L). 

Moreover, students can also expect to spend on average GBP 1,334 (INR 1.54 L) on a monthly basis in the form of living expenses.

Conversion rate: 1 GBP = INR 115.14 

Yes, students can generally open multiple accounts in the bank as there is no restyriction from the banks for the same. Students can even multiple accounts with the same bank, given that they are eligible for the same. 

Many students use a traditional high-street bank (like Lloyds or HSBC) to have their student loanor salary paid into these accounts and to pay major bills. However, students often use a digital bank (like Monzo or Revolut) for daily spending, travel, and budgeting. Having multiple accounts does not harm the credit rating of the students as long as they are managed responsibly.

Also known as the online or “challenger banks”, Digital banks like Monzo, Revolut, Wise and Starling operate entirely online (through a mobile app) with no physical branches. They are extremely useful for students because of the services they offer, such as:

• Quick and easy account setup.
• Excellent real-time budgeting tools and spending analytics.
• Fee-free (or very low fee) spending abroad.
• Instant notifications for all transactions.
• Easy ways to split bills with friends.