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  #1  
11th December 2015, 05:32 PM
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How can I repay Education Loan if get job in UK after completing MS?


Hello Friends,
If I get an education loan for study MS course in UK and get job there then how can I repay the loan amount? Actually I am ready to go UK for my MS course and they have informed me that they will provide me campus placement and I have applied for Education Loan of Rs. 18 Lacs from HDFC Bank. So, if I get job in UK then how I pay my education loan amount?




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  #2  
12th December 2015, 04:19 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: How can I repay Education Loan if get job in UK after completing MS?

There is no need to worry about repayment if you get a job in UK after completion of your MS course. You can still repay the loan as most of the transactions can be done online. You will have to deposit the EMI amount every month in the concerned loan account or savings account to which your loan account is linked. This can be done easily through online transfer. Then the amount will be deducted every month automatically till the time the loan is repaid. You need to write an application to the bank to start your repayment.
Do you have any question? or have anything to say?



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