Schelotto, who joined Inter from Atalanta in January, said that it is a "dream" to play for the Nerazzurri and is looking forward to the 2013-14 season.
"I want to have a great season with the Nerazzurri," Sport Italia quotes Schelotto as saying. "Inter are a dream who have turned into reality for me.
"I have a four-year contract and I am very happy here. I hope to have a great season and play well for an Inter side that includes many champions."
Schelotto, who was born in Argentina, has been capped once by Italy.