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Bank loan will stop anybody to leave country, if they terminated from the Job..???
One of my colleague is working in a reputed company in Qatar last 2 years and terminated from the job. He took Bank loan 1 year back and paying back monthly without any dues. If he didn't get the job in Qatar, Can he work in another country.? Insurance can do anything in this regard..? what action will take from the Bank.?
Please give a valuable suggestions...
Answers
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The bank will usually enforce a traveling ban on him. Sometimes, however, if the amount left is too little, they find it's not worth it (like less than 10000 for example). A friend of mine wanted to move to KSA and asked if the bank can postpone his loan for a few months and then transfer it to KSA, but they said no and he had to borrow to finish off the loan. Answered on Sun, 01/11/2009 - 6:59pm
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| anwar4annu |
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no,you can't leave Qatar untill you paid. Answered on Sun, 01/11/2009 - 7:25pm
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| Iyad Sabbarini |
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If he took a vacation before being terminated and didnt come back then the insurance will cover. Answered on Sun, 01/11/2009 - 10:03pm
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