Help Me Pay Off My Long Due Pilot Training Loan. | Milaap
Help Me Pay Off My Long Due Pilot Training Loan.
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Need Rs.7,00,000
  • Ankit

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    Ankit K
  • AK

    This fundraiser will benefit

    Ankit K

    from India


​​​​My father, a shopkeeper, had availed TWO education loans of 5 lakhs and 10 lakhs in 2009 and 2010 respectively, from UCO Bank, and borrowed another 20 lakhs from his friends and relatives to pay for my commercial pilot training.
We come from a humble background, settled in a small town (village) in coastal Odisha, and I am the first airline pilot from this part of the state.
The market was down, and without any references or contacts it was hard to get a job and I could only land up with my first flying job in 2016.

We had to live hand to mouth and struggle very hard to pay the interest and some principal amount on the loans for all these years, every month.

As of now my total outstanding is 7 lakhs of bank loan apart from the 20 lakhs that we borrowed from our relatives, and it seems to be a never ending process because my father has wind down the business, and my salary is not enough to pay the loan interest, leave alone the principal amount, run the house, and the interest for another loan of 9 Lakhs which we availed last year for my younger brother's MBA course (in Greater Noida)

Trust me, they dont pay junior pilots anything more than 35000 a month. I am still a junior pilot ! The increment is very gradual.

I really need help to settle this for once and all, because I work for an airline which pays below par, most of them do, and as per contract there will be no considerable increment in my basic salary until 2021.

Can provide complete documentary evidences if required.

God bless.

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