Legal Question in Education Law in India

i have got a study loan,now get notice from bank.what i can do?


Asked on 3/10/13, 8:15 am

3 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

10.03.2013

Dear Sir / Madam,

(Ambiki, Jagatsinghapur, Orissa)

A study loan repayment commences only after completion of education and securing a job. You should write to the bank depending on the stage of completion of your education and if you have already completed your studies and have taken up a job, you should start repaying the monthly EMI to the bank.

Regards,

FCA Prashant Chavan

Mumbai

(You can also mail me for any further on-line advice at [email protected])

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Answered on 3/10/13, 8:46 am
Vishwa Arya Arya & Co.

But what is the notice? If it recalls the loan, you may file for injunction.

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Answered on 3/11/13, 6:41 pm


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