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  #1  
22nd June 2022, 09:35 PM
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Repayment mode against Rs. 8 Lacs in OBC Education Loan scheme?


Friends, I want to take loan of Rs. 8 Lacs for my MBA course from Oriental Bank of Commerce. I want to know the mode of repayment in details so that I can calculate my EMI. Please tell me immediately.



  #2  
24th June 2022, 12:33 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Repayment mode against Rs. 8 Lacs in OBC Education Loan scheme?

The loan can be repaid through cheque/DD
It can be repaid through cash
It can also be repaid through EMI

Most of the banks prefer monthly installments.
For repayment purpose , one has to get in touch with their manager who will take note of account details and start the repayment on an auto deduction mode.

There are also various schemes available for repayment purpose.
Do you have any question? or have anything to say?



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