Ans: The time limit of the education loan given by NMIMS is normally within 3–4 working days in which the banks process the loan. They can also pay from their sources and later when banks give them the loan and the DD is in favour of NMIMS, they can deposit this DD with NMIMS so that they can be issued a refund within a week.
Ques: What is the time limit of an education loan and what if they are not able to get the loan at NMIMS?
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