Rohith (studenty) 05 June 2014
Hello SIr,
I was an engineering student. I joined the course on 2009 and took a educational loan on 2009 itself. I got interest subsidy as per the central government scheme also. But unfortunately I failed to complete my course. But I haven't informed the bank authorities that I have dropped the course.
In this case what I am suppose to do. Where I have to inform. After informing what will be the action from the bank side.
I am expecting a wise advice from your side.
Kumar Doab (FIN) 05 June 2014
The date of payment of loan must have been inserted in loan agreement and the bank shall initiate from the said date.
For restructuring you have to approach the bank.
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