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Education loan

(Querist) 29 November 2012 This query is : Resolved 
Is education loan a contingent contract since the banks repayment condition is to start repaying the loan after 1 year of completion of education loan.
Raj Kumar Makkad (Expert) 30 November 2012
Yes. This type of a contract is a contingent contract.
R.K Nanda (Expert) 30 November 2012
yes, it is.

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