There is a lot of misunderstanding surrounding Indian banks and their education loan products. Reading over the terms and conditions makes many students nervous because they realize they can't afford such a huge loan. Well, don't be alarmed.
To ensure that your education loan application procedure runs well, we have compiled a list of 7 things you should know before taking an education loan.
The following are the timestamps from this episode 👇
00:00 - Teaser
00:37 - Introduction
02:09 - The difference between a collateral loan and a non-collateral loan
03:10 - Minimum eligibility requirements for every bank
04:00 - Interest rate concessions and subsidies
05:49 - Interest type and effect of compounding
06:50 - Estimated earnings, moratorium period and Repayment planning
08:52 - Important terms and conditions of various lenders
10:09 - Tax planning with Education loan
11:55 - Conclusion
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Request a callback by clicking the link below-
👉www.wemakescholars.com/educat...
Or call us at -988 988 20 90
Our team of financial officers assists you with your entire education loan process until sanction, disbursement, and beyond. All the services offered by WeMakeScholars are free of cost as this initiative is supported by the IT Ministry, Govt. of India.
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Links mentioned in the video
🔶Jansamarth form filling for Education Loan subsidy
• Jansamarth form fillin...
🔶Education Loan Subsidy Schemes
• Education Loan Interes...
🔶Simple Interest vs Compound Interest
• #EducationLoan #Intere...
🔶EMI Calculator
www.wemakescholars.com/educat...
🔶Education Loan Income tax exemption section 80E
• #EducationLoan income ...
🔶 80E Tax Rebate Calculator
www.wemakescholars.com/educat...
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LinkedIn Reviews: / wemakescholars
Google Reviews: www.google.co.in/search?q=wem...,
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Since the first episode in 2018, the LoanFlix series has now become the most comprehensive web series on KZitem on the abroad education loan process. LoanFlix season 2 brings you deeper insights into the topics related to the Abroad Education Loans space.
We've also covered practically every aspect of an abroad education loan in our LoanFlix series, which you can find below. So do watch the entire series if you want to know everything about education loans for abroad studies.
🔶LoanFlix Season 1
• Loanflix: The most com...
🔶LoanFlix Season 2
• Loanflix Season 2
🔶Country-wise Education Loan Guides
• Country-wise Education...
🔶Testimonials- WeMakeScholars
• Testimonials- WeMakeSc...
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About the Presenter - Damini Mahajan is a visionary entrepreneur and co-founder of WeMakeScholars.com, an education finance start-up for international education. Damini has been mentioned as a "Top Women in Tech" by The Asian Entrepreneur. She has also been awarded as the winner of the Silicon Valley Challenge by Action for India 2016 and was in the Top 75 start-ups in Power of ideas by Economic Times at IIM Ahmedabad.
👉Script editor- Arjun R Krishna
👉Shot, Edited & Directed by Ravi Singh
👉Designs - Ravi Singh
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