regarding delay in education loan repayment

Querist : Anonymous (Querist) 21 February 2010 This query is : Resolved
hello,
i had applied for education loan in state bank in 2003 for(after diploma) 3yr degree engineering course,so i was committed to do the repayment from 2006 onwards(within 5yr),accordingly,i continued paying the installments (some amount)till end of 2008.but from of 2009 due to IT-INDUSTRY financial crises i lost my job & due to depression could not pay the further installments,& i got warning letter from court on behalf of bank regarding delay in repayment.
due to some family problems as my sister(married)got harassed from her in-lows. due to such emotional breakdown i could not concentrate on my carrier
but i got the job confirmation from april 2010 so that i will be able to pay the remaining installments,i do not want to make fraud with bank
so i just want to know if i request the bank personals for my current situation will they consider my request with concerns to my family situation ?

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Guest (Expert) 21 February 2010
By making an application to the Bank authorities, you can ask them to re-structure your EMIs and extend the loan period.

Kumar Thadhani (Expert) 22 February 2010
SIR YOUR REQUES WILL BE GRANTED BY BANK AS LONG YOUR CONSCIENCE IS CRYSTAL CLEAR IN MAKING THE PAYMENT OR CLEARING YOUR EMI.

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