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  #1  
31st December 2015, 02:05 PM
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How can I consolidate my Education Loan being an MBA student?


Hello,

I am pursuing MBA and I have taken a Bank Education Loan. I want to consolidate my Education Loan after my MBA. Can you tell me the process for this? Waiting for your reply. Just let me know the information soon on the same.

Thank you!




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  #2  
2nd January 2016, 07:59 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: How can I consolidate my Education Loan being an MBA student?

It is not clear what exactly you meant by consolidation of your education loan. You cannot combine education loan with other loans. If you are taking about repayment, you need to approach the concerned branch, write an application requesting to initiate repayment. You need to know the repayment amount which you need to deposit every month for proper repayment and the tenure for which repayment needs to be done. Once you submit the application, repayment process will be initiated by the bank. You need to either deposit money in the account linked with the loan account or directly deposit in the loan account,
Do you have any question? or have anything to say?



« What is the eligibility to get an Education Loan for a candidate having State Bank of Indian Savings Account since last 7 years? Conditions to apply an Education Loan? | Who is Third Party Guarantor in Bank Education Loan scheme? »

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