I have taken a loan in a Bank based on letter from my company. Loan care premium of 0.45% has been charged by the bank. But, no guarantors for the loan. Now suddenly, I lost the job. My company is ready to give NOC and I am looking for another job.

Now what is the procedure for repayment? If I am not getting any other job, can I pay it from India? Is there any restrictions to travel to India before paying the loan?

no you can't leave the country without repaying the loan. You'll be stopped at the border.

Otherwise people will just take loans here and fly back.

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if the bank has not been notified or if your settlement has not reached the bank and you wanna leave the country you should do it now once a notification is sent... You have to continue work here and they will ban you from travelling