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  #1  
24th April 2018, 05:37 PM
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My PNB Bank Education Loan will be discontinued if met with an accident?


Hello everyone, I am doing MBA in Human Resource through PNB 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 12 months because I have a spinal fracture. In this case, bank discontinue my loan?




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  #2  
18th October 2022, 01:02 PM
Hera tabrez
Senior Member+++++
  
Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: My PNB Bank Education Loan will be discontinued if met with an accident?

According to the rules , bank has right to discontinue the loan amount.

If the applicant is a meritorious student and is able to clase all his semesters and had overall good academic background , then the loan does not get cancelled.

As doctor has suggested you to take complete rest, in case of discontinuation of education loan , you can show them the reason of not appearing in exams.

Once you will tell the reason and your condition, bank will continue your loan.
And you will not face any problem.
Do you have any question? or have anything to say?



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