Education credit – a period of moratorium
I am aspiring for MS in the fall of 11th I think my education by contributing to finance educational loans. But the people of India Overseas Bank, said they see the family income to be sanctioned as the main factor, the loan amount. They said if I want a loan from the AMT. should be 20L and my family’s total income at 40K per month because they have to pay simple interest during the moratorium period. My father is the only source of income in my family, and he is at the end of the 11th January retire. So, it mite not be able to earn a lot. Guys, how can I use a loan of 15-20L, without a moratorium.
All banks have a margin of 15% of the loan 7.5L, even if I take a loan of 20L 17L and so I have to do it. The people working in the United States during the MS, to challenge the most of their livelihood. So, I do not have mites such a payment, but I need a minimum of 15L on loan from the bank for which I gave to a total loan of 17.5L or should do something. So to ask is not to repay the amount i moratorium with the actual or after the course, when I begin to repay?
Please do something.
Beware of WOM share before you. You can calculate your personal student loans with finaid.com it is very useful.
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