Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Education loan balance transfer

Benoy Joseph (Marketing Manager) (24 Points)

22 January 2014

Does anybody know education loan balance transfer in India?

Reply
Follow
Share

1 Replies

Anurag G (MBA) (25 Points)
Replied 14 February 2014

Any person who has taken education loan and is pursuing studies in India or abroad or has completed the studies can apply for education loan balance transfer. A person needs to send request letter for balance transfer to the bank or financial institution. After getting a consent letter or NOC and a statement mentioning the outstanding amount, you can apply for education loan balance transfer to the bank or financial institution of your choice.