Dear Sir/Madam,

I took Education Loan(Rs.11,00,000/-) From SBH bank in the Year of 2008 starting and till now I have Repaid Around 6,00,000/-(Six Lakhs) EVEN My Outstanding is 10,70,000/- as on date 31.01.2012. Because of my Unemployment i didnt pay my reguler EMIS which was started in the Year of 2010 Jan. Although for the last few years there is no yield and no crops where as my family purely agriculture dependency. For this loan i have Secured My grand father property. He is Passed away in the year of 2010 and my whole property is under mortgage of this Bank

Also apart from my Education loan my grand father has taken Agriculture loan which is around 2.5lakhs now its outstanding is around 3Lakhs

So, Finally i have around 14lakh Liabilities for the same bank and same property has been under secured. Now my Education Loan interest rate is Very high(13.5% Aprox).

Please give me some solution for this, If i get a job which is highly Package(50k-70k p/m) then i can able to repay regularly and it will be completed in next 6-7years almost.

Now Im not earning that much of amount only i can pay around 15K where as my EMI is 35k. So Please tell me some suggestion on this how to Control this


Thanks in Advance,

VENKAT