Does interest on education loan apply during course or not?
Asked by firstname.lastname@example.org - In Student Loan -
Interest on education is charged form the day onwards it is given to you.Most of the bank provide options that you start giving interest amount during your study and after completion of course you can return the principal amount .Say for example if you have taken a loan of Rs2 lakh for engineering then interest of 4 year course you can pay but Rs 2 lakh you can pay after completion of your course
Reply by gupta - 680days 21hrs 57mins 37secs ago
Votes of this Answer: 1 votes
Answers to Questions are posted by Website Users. CareerAnswers.in or its promotors do not evaluate or guarantee the accuracy of any questions, answers or other posted information here (collectively, "Q&A Content") and are not legally liable for any errors.