Personal loan transfer?
By ms.malumenon •
Hello all,
what I would like to know is, unfortunately or fortunately, I have got a transfer to Saudi Arabia within the same company that I work for in Qatar. Now, the unfortunate part is, I have a personal loan in a bank here and what should I do now, so that I can convince the bank here that I will definitely keep paying my loan amount from Saudi? Or will it be required that I ask my company in Saudi to transfer my salary here? Or is there any other advice that one can give?
Thank you
but is there a provision as such? that we can transfer our personal loan from oneself to somebody else?
Your company / Office in Qatar must provide guarantee for that. Since you are going to work for same orgnization , they can deduct installment amount from your salary in saudi and pay loans here.
You have to transfer your loan to someone else or you have to finish off the loan.