While students consider virtual internships to gain skills and exposure, it is natural to expect permanent employment. Companies do not offer any employment guarantees.
However, if you perform well and prove your mettle, there is a high chance to bag a permanent role, when hiring begins. Some companies open internship positions solely to identify promising talent to fill their permanent positions.
Online internships are also a great chance for freshers to foster connections and build a network that will help to find a job later.
It is thus important to work hard and communicate well at your internship to increase your chances of landing a permanent job.