bank loan for canadian studies

ashmitpatel

Full Member

Posts: 40
Ratings: +0

bank loan for canadian studies

« on: October 21, 2011, 11:22:22 pm »

hi friends .
i intend to study in canada and my consultant told me its manditory to apply for education loan. I dont want to apply for loan. consultant said i cancel the loan once i land in canada. what should I Do"? please advise me.


	Logged

ragz306

Hero Member

Posts: 232
Ratings: +3
Visa Office......: VFS-chandigarh
App. Filed.......: 11-10-2011
IELTS Request: 6.0 BAND
Med's Done....: yes
VISA ISSUED...: 19-10-2011
LANDED..........: bs pohnch gye smjho Cheesy

Re: bank loan for canadian studies

« Reply #1 on: October 22, 2011, 12:04:31 am »

yes it is mendatory tha if u wnt to study in canada edu loan is must. If you hav ur money stil u hv to take edu loan no matter u are a billionaire or trilLIonaire.. Edu loan lena padega. Yeah u can also cancl the loan but only if u hv nt useD IT, as most of the banks hv rule that u hv to pay first instalmnt from that edu loan. Agar koi bank vala achi tarah jaanta hai to tera kaam hoskta hai bro.


	Logged

r.GV

ashmitpatel

Full Member

Posts: 40
Ratings: +0

Re: bank loan for canadian studies

« Reply #2 on: October 22, 2011, 01:48:23 am »

thanks man... i really appreciate the help...


	Logged

ashmitpatel

Full Member

Posts: 40
Ratings: +0

Re: bank loan for canadian studies

« Reply #3 on: October 22, 2011, 08:30:26 am »

when can i cancel the loan? please suggest


	Logged

enfield

Champion Member

Posts: 2711
Ratings: +173

Re: bank loan for canadian studies

« Reply #4 on: October 22, 2011, 02:44:21 pm »

Quote from: ashmitpatel on October 22, 2011, 08:30:26 am

when can i cancel the loan? please suggest

Hi,

There is no specific procedure to cancel your issued study loan in India.

If you use your loan towards the partial payment of tuition fees, thn you are liable to repay it with a valid rate of interest.

If you decide not to use your issued loan, thn the same get lapsed and you are not liable for anything.


	Logged

enfield

Pages: [1] Go Up

Canada Immigration Forum > Temporary Entry Topics > International Students > Topic: bank loan for canadian studies

« previous next »