4th January 2015, 10:07 PM
Posts: n/a

Process to pay amount of Education Loan if taken for MBBS course?

i want to know the fees structure of mbbs
as i don't think that i can pay the huge fee
so m thinking to take loan for my mbbs
tell me if i take loan then how take the amount
back from me?

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10th January 2015, 11:29 AM
Senior Member+++++
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Process to pay amount of Education Loan if taken for MBBS course?

There is nothing to worry, now education loans can be availed easily since the norms have been lessened. You have to start repaying the loan after one year of the completion of your course or 6 months on getting job whichever is earlier. You need to contact the branch of the bank from where you had got the loan sanctioned. You need to contact the branch manager for repaying the loan. The bank will look into your education loan background details, the amount taken, the amount withstanding and the interest rate and will fix a EMI which you need to pay monthly. If you want you can also pay the entire amount in 2-3 installments. You need to act on guidance of the branch manager.
Do you have any question? or have anything to say?

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