10th December 2018, 12:42 AM
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My Kotak Mahindra Bank Education Loan will be discontinued if met with an accident?


Sir, I am doing BTech through Kotak Mahindra Bank Loan. This is my 3rd semester and I met with an accident. I haven’t appeared all my internal exams. Doctors suggested me to take rest atleast 5 months because I have a leg fracture. In this case, bank discontinue my loan?




 
21st December 2018, 10:37 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: My Kotak Mahindra Bank Education Loan will be discontinued if met with an accident?

Normally, in such situations banks can't do much and they can only wait for you to get well. Once you resume your studies again, you will get the education loan for remaining part.

The reason for your is a strong one and it is highly improbable, that your education loan will be discontinued.
 
Do you have any question? or have anything to say?

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