#1  
10th August 2019, 04:33 PM
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Can I get an education loan again to study MArch if completed BArch with the same?


Hello Sir, I have finished my BArch Degree with an education loan and got a job. But due to some financial crisis I am unable to pay my loan through my salary. Now, I want to study more and preparing for GATE. My question is, if I will get a seat for MArch course then still I get an education loan or not?




  #2  
19th August 2019, 10:25 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Can I get an education loan again to study MArch if completed BArch with the same?

If you are already on education loan EMI and not paying it then it will become difficult to get any further loan. You need to contact the concerned bank for any such things because banks follow a strict procedure in case of loan recovery.

If you have completed the course and got the job then you should pay the EMI to avoid any issues. Non-payment of EMI can affect your future credit score.
Do you have any question? or have anything to say?





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