What is the ideal tenure to repay an educational loan taken for an MBA program? How do I decide?

111 Views|Posted 8 years ago
4 Answers
S
8 years ago
First of all, education loan in India comes with its own terms and conditions. Basically, the bank or the financial company suggests to repay the amount by 5-10 years that generally starts after a year after the completion of the course or six months after you get a job which one is faster. It depen

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C
8 years ago
If you are looking for education loan it comes with their own terms and conditions some of them will be like the interest of that particular loan will have to be paid in your 2 years of MBA and after that you have to pay your loan and that is going to get deduct from your salary and some of them wil

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Actually as per the question there is no perfect answer to this question, it totally depends on your package and time you take to get good job and good placement. Like the tenure of the education loan is about 10 years (maximum) in case of loan is up to 7.5 lakh and varies with amount of loan. The r

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Mrigank Bhalotia
8 years ago
Ideal tenure to repay an education loan taken for an MBA program is 10 years. You decision should be on the basis of the average package the institute offers.

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