#1  
23rd September 2015, 04:46 PM
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Can I get Education Loan again to study in IIM if interest amount is still unpaid?


Sir,
I have got Education Loan of a Rs. 4 Lacs for getting B.E. degree. I have finished my B.E. and working in a company. Due to family bad situation, I cannot able to pay interest itself. I am going to write CAT. If I get any of IIM then again I need education loan to study. For that too I have to go to bank for education loan. So my question is can I get education loan in this case?





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  #2  
28th May 2017, 01:00 PM
MerajAmir
Senior Member+
 
Join Date: Jan 2017
Location: kolkata
Posts: 812
Default Re: Can I get Education Loan again to study in IIM if interest amount is still unpaid?

No, you will not get any further education loan because you have not cleared the amount/interest amount of the bank. After clearing all the dues then only you can apply for the next loan in any of the desired bank.
Do you have any question? or have anything to say?



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