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Mycomputer1   17 May 2016

Education loan repayment failed

I have taken education loan in 2006. My diploma ended in 2009. After that I didnot got any good job so that I can repay the full amount. I have tried to repay as I can by paying monthlty. Sometimes I paid 4000/month  sometimes 3000/month sometimes 2000/month.

Bank has also kept one 11decimal land as a security.

Now I am really unable to make the payment. But instead of taking the land bank is asking to pay the amount. 

Please help me what I can do now?



Learning

 5 Replies

govtjobs   17 May 2016

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Softpro   23 February 2017

This Article was filled with a good idea, I have to work on it. thanks

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Neeraj Upadhyaya   01 March 2017

Hello I  took a educational loan in year 2011 Rs 375000 which got npa in year 2015 but now we are facing huge pressure from bank for settlement or legal action ,also have send letter to bank recently for extension of time .Would like to know the possible solutions ..

Palak Sharma   29 April 2017

Very nice information that you have mentioned on this page. Following are few important links which will also be helpful for you. 

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Aanchal Sharma   13 December 2017

Great article that is mentioned on this web page. Keep providing such articles. 

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