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Can I switch jobs / leave job for self – employment during the course of loan?

April 26, 2017course employment Job jobs leave loan self Switch

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Can I switch jobs / leave job for self – employment during the course of loan?

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Ans.: You can switch jobs / leave job for self-employment during the course of your loan. However you have to keep the HFI informed about the same. If your repayment happens by way of deduction against salary, you have to get this deduction from your new employer. Alternatively arrange for PDCs for the instalments. A copy of your new appointment letter also has to be sent to us for data maintenance.