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#1
9th October 2018, 10:54 PM
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How can I repay Education Loan to ICICI Bank if get job in USA after completing MS?
Hello, if I get education loan for studying MS course in USA and get job there then how can I repay? Actually I am ready to go USA for my MS course and they have told me that they will give me placement and I have applied for Education Loan of Rs. 20 Lacs from ICICI Bank. So, if I get job in USA then how I pay my loan?
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#2
13th October 2018, 07:12 PM
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Re: How can I repay Education Loan to ICICI Bank if get job in USA after completing MS?
Education loan EMI is deducted from a current account, which is opened at the concerned branch. Hence, it will be automatically deducted from your account.
You just need to keep that account with the required money. If you are thinking, that you will do job abroad and banks won't be able to contact you, then you are thinking not in a right way. Banks will have collateral security and a guarantor, before giving you education loan for studying abroad. |
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