Can I have the information about how student loan works & after getting the job, do I have to repay the loan or my father?

Lets assume I have taken a student loan from SBI of Rs. 50 lakhs and repaying is 87000 a month for 15 years. Whether can I repay the loan after getting the job before the completion of 15 years or the moment I take the loan my father has to start repaying? If I work in U.S.A, can I still repay it?

83 Views|Posted 9 years ago

Asked by Bitan Saha

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Bipin Jha | Guide-Level 12

9 years ago

This entirely depends on the condition of the loan, however generally the educational loan repayment begins only after 6 months of passing out the program(assuming you would have gotten a job by then)