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#1
25th February 2018, 03:37 PM
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When Oriental Bank of Commerce will start the mode of repayment? Should I have to inform Oriental Bank for my placement?
Hello everyone, I got a job in London after completing MS here. I have taken education loan from OBC 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
3rd March 2018, 10:42 PM
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Re: When Oriental Bank of Commerce will start the mode of repayment? Should I have to inform Oriental Bank for my placement?
You can start paying your EMI, if you have started working. Otherwise, payment will start by default according to the bank rules. You can either inform the bank or just wait for the deduction of amount from your account.
Normally, after course completion, banks give some time and after that if you have got the job or not, will not be a matter because they will start recovering amount anyhow. |
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