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  #1  
3rd March 2018, 01:56 PM
Unregistered
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Maximum time period to refund the loan amount after completing course?


Friends, Kindly inform me that suppose if I study Master of Hotel Management with education loan, taking from any government bank and after completing my course then from when they start to get back their loan amount? Suppose I will not get job then from when they take back their loan amount?




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  #2  
20th March 2018, 12:12 PM
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Join Date: Dec 2013
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Default Re: Maximum time period to refund the loan amount after completing course?

Quote:
Originally Posted by Unregistered View Post
Friends, Kindly inform me that suppose if I study Master of Hotel Management with education loan, taking from any government bank and after completing my course then from when they start to get back their loan amount? Suppose I will not get job then from when they take back their loan amount?

Maximum time to repay the education loan differs from one bank to another and it also varies based on the loan amount. For an education loan of upto Rs 7.5 Lakhs repayment time period is 10 years and above Rs 7.5 Lakhs repayment time period is 15 years. The repayment will commence one year after completion of the course. Candidates can find the details in the bank’s official website link or can contact the bank branch for more details regarding maximum time period to refund the education loan.
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