#1  
4th May 2019, 12:59 PM
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Repayment tenure under Development Credit Bank Education Loan Scheme for MBBS-Abroad aspirant?


I just want to know that if I am going to apply an education loan from Development Credit Bank then what would be the repayment tenure? I actually want to apply an education loan from this Bank so that I can study MBBS in Abroad that is why I want to know about the repayment tenure.




  #2  
22nd November 2022, 12:17 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 5,680
Default Re: Repayment tenure under Development Credit Bank Education Loan Scheme for MBBS-Abroad aspirant?

The loan repayment period normally starts 12months after completion of course or 6 months after employment.
Whichever comes first.
The loan to be repaid in 5 to 7 years after commencement of repayment.

If a student is not able to complete the course in stipulated time , extension of time may be permitted for a minimum period of 2 years.
Do you have any question? or have anything to say?



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