I have taken education loan but unable to pay full amount
10-Dec-2023 (In Banking / Finance Law)
Dear sir I have taken education loan for my BCA amount 50000 1st year fee in 2009 again same 50000 2nd year 2010 and same 50000 for final year .I did not get job so I unable to pay money now he calculated 400000 aprox and adding compound intrest on month by month am willing to pay they didn't get any subsidy on loan kindly help me out from this rediculus situation
Plz share your loan agreement term and conditions. In addition, your family income and the the assets belongs to you. As per the rules you have to repay the loan. The point is how much relief you can get in terms of discount in the interest amount and the time period to repay such loan.
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