1. Speak and finalize with the new employer as early as possible, then speak with the bank, who would ask for the following in such cases:
a. Arrange a guarantor
b. Arrange a new salary transfer letter from new employer.
The Bank would switch over the loan to your new arrangement after completing some paper work. Generally this is done, but if the bank and bank official are rigid, u may face some difficulty.
Before finalizing with new employer, u need to check with your bank, if the new employer is in their loan approval list.
Another option is to speak with another bank and ask for approval of fresh full amount loan as per your new job and higher salary, then settle the old from this loan.
Here is the clear advice:
1. Speak and finalize with the new employer as early as possible, then speak with the bank, who would ask for the following in such cases:
a. Arrange a guarantor
b. Arrange a new salary transfer letter from new employer.
The Bank would switch over the loan to your new arrangement after completing some paper work. Generally this is done, but if the bank and bank official are rigid, u may face some difficulty.
Before finalizing with new employer, u need to check with your bank, if the new employer is in their loan approval list.
Another option is to speak with another bank and ask for approval of fresh full amount loan as per your new job and higher salary, then settle the old from this loan.