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#1
10th December 2018, 01:42 AM
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When Kotak Mahindra Bank will start the mode of repayment? Should I have to inform Kotak Mahindra Bank for my placement?
Hello everyone, I got a job in Canada after completing MS here. I have taken education loan from Kotak Mahindra Bank. I got on placement job. So, I have to inform the bank about my placement? And from when they will start to take back their money?
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#2
14th December 2018, 10:02 PM
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Re: When Kotak Mahindra Bank will start the mode of repayment? Should I have to inform Kotak Mahindra Bank for my placement?
You can contact the concerned branch, where you have applied for the education loan. If you have got the job, then you should inform them, so that your EMI are scheduled. In case, you don't inform them, it will automatically start deducting from the account linked with the application.
Hence, make sure you have enough money in that concerned account, so that you don't miss any EMI. You can also pay EMI through credit cards, if you have one. Just inform the bank as soon as possible. |
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