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Currently it is not possible as you will get an error that you have a pending application. NTSA has promised to rectify the problem. Before they rectify, the only option you have is to first apply for interim driving license then apply for Smart driving license (DL).
There is no specific timeframe provided for a loan limit increase when you repay your loan time. You cannot also request for a loan limit increase as this is an automated process.
Login to NTSA TIMS portal and check whether your details are available in the TIMS portal. If there are, then you can apply for Smart DL.
No answer available for this question.
Yes, you can apply. But it all depends on the rules of the company or institution that you want to apply to. Most companies do allow students in their final year and those who have completed their studies in the last 12 months.