Hello, everyone! Do check out our latest video on "Karur Vysya Bank education loan schemes, Best bank for Abroad Education": th-cam.com/video/8bIbtTkCG6g/w-d-xo.html
@Sushma Thakur Hi Sushma! We will have to evaluate your profile to check your education loan eligibility. Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
That's right, Vaishnav. As Paulo Coelho rightly said, "When you want something, all the universe conspires in helping you to achieve it." If you'd like to get in touch with our team you can do so here: bit.ly/education-loan
Thanks Appoorv ji. I am glad that my videos are empowering students and Parents like you. To start the loan process for your daughter, please get in touch with our team by requesting a callback on this link: bit.ly/education-loan
Dear Madam, I am from Rural area of TN and in 2007 we had started one consulting firm . It was for the students who seek education in Overseas.The countries selected for studies were Singapore and Malaysia since we had some close contacts . Our aim was to avail the loan from the local banks with good support of students and parents. But our business was in utter failure and need to close even though there were tonnes of potential inquiries. The main reason was the B A N K and their approach. Initially they sanctioned 6 or 7 cases and their after they were really reluctant to take our application even though applicants had collateral security and right documents . After seeing your videos , we have decided to RE OPEN our office.. It was so informative and you are covering the areas where normal loan applicant can reach. Banks normally imposes their manipulated terms and rules to the applicant's head... This is also nullified... Thanks a million
Hi, Senthil! Thanks for your comment! It's great to learn that our videos inspired you this way. You're absolutely right about banks and their attitude towards education loans.
SBI ppl r not giving proper information regarding loan..I asked the manager upto 7.5l which is without collateral and he is saying property papers is must..seems like they don't want to give edu loan..govt services r worst in India..they only provide loans to ppl who run away from India with money..
Hi Salman, it is very difficult to get a non-collateral education loan (under 7.5 lacs). Not just from SBI, but applies to any bank in India. Let's see your profile, your co-applicants profile and details so that our team can assist you in the process. www.wemakescholars.com/study-abroad-education-loan
@@priyankamohite795 Hi, Priyanka! Sure. You may connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you.
Hi Sumit, happy to know that you found it useful. Please subscribe and share with your friends. Also, please feel free to request a callback from our financial officer @ www.wemakescholars.com/study-abroad-education-loan
Very informative video mam, I am looking for bachlors in civil engineering from Canadian college but my family didn't have enough fund, so can you people assist me to get a loan of 10-15 lacs without colletral so that I completed my dream to study abroad. Please reply 🙏🙏🙏
@@ayushpundir5048 Hi, Ayush! We can help you out with loan options after evaluating your profile. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
@@cooljangra5167 Hi! If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Thank you so much for your valuable information provided Damini Mahajan Ma'am. The moment I heard about Non- Collateral loan, I was really impressed and I felt lucky to have some organization which helps people who don't have many assets in order to fulfill their dream to study in foreign such as me. I hope I would get my loan approved through you and I can achieve my dream to study in Germany.
Hi Chiranjeevi, thanks for your wishes. Glad to know that the episode has been helpful. For Germany we can help you get upto 15-18 lacs as non collateral education loan. However, the Co-applicant profile has to be strong, which will be briefly evaluated by our team. Pls drop a callback request on www.WeMakeScholars.com and the team can assist you as per your profile.
we make Scholars videos are the best of You Tube videos knowledgeable, constructive and highly informative.... Wonderful oasis in this desert of difficult loan terrain....certainly the founders deserve a Nobel prize since other countries too can emulate their model and help the student community. Congrats founders. Viva La WemakeScholars.
Madam, I'm Vivek and I'm studying 2nd year of intermediate. I'm going to take CSE in B.tech, after that I want to study in USA to pursue MS in CS. And my financial status is:- 1. Father job:- daily wages (no job) 2. No house 3. have D-form house site( not registered ) which is worth about 2lakhs maybe Could you please say what ways I have to fulfill my dream😔 Please replay ma'm
Hi, Vivek! For a secured education loan you would require collateral like non-agricultural land, house, flat, FD, insurance policy or govt. bonds. Third party collateral is also accepted. If that is not possible, you can go for an unsecured loan from a private bank/NBFC for which you would require a co-applicant with a strong financial profile who files ITR. When you are ready to start the loan process, you can get in touch with the loan team by requesting a callback on this link: bit.ly/education-loan
Hi mam I have seen your jugad video on josh talk. It was amazing and now i found you on this channel. It is good to see you. Thanks alot for to guiding people and make them scholars.
Hi Vishal, thanks for the wishes! Please share about this web series and episodes with your friends and other social channels. That's the best support you can offer for this initiative.
Greetings Damini ma'am! Can't thank you enough for bringing out such informative videos to students who aspire to study abroad. wanted to ask one thing like as you said in the video that banks mostly give unsecured loans to only postgraduate students, but what about when it comes to undergraduate students , can they get or not ?
Hi, Alisha! Glad you found the videos informative. Unsecured loans above 7.5 lakhs for UG are difficult. They can give it in some cases based on university and co-applicant's income. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi, Rehan! Glad you found the content helpful. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hello Ma'am, I'm looking for an unsecured loan in Canada of around 30L. Could you pls let me know if the visa officers will process my application if the loan is taken from NBFCs? I have heard only loans from govt banks are allowed in the form of collateral. Thanks
Hi Sourav, apologies for the delayed response. It is always advisable to take an education loan from a govt bank. However, go to an NBFC only if you don't have eligible collateral. Better speak once with our financial officer and take assistance on choosing the best bank option for your study abroad @ www.wemakescholars.com/study-abroad-education-loan
Hi WMS Team, I am beyond glad to come across your platform. I am still in process of deciding what Masters program and Country I shall go for, looking forward to get in touch soon😊
Hi, Kanchan! We would be glad to help you with your loan process. You may connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Ma'am Russia is not eligible for non collateral loan? I got my admission letter for MBBS from Crimea federal University (13,572th rank in world ranking, one of the top University in Russia) can I get education loan of RS 7.5 lac without collateral?
I think im kinda late to post a comment on this video and probability of you seeing it is less..but still lets try out my luck. So, i just wanted to thank you for helping me out with my confusion and for getting back to me within a day to solve my problems..i will be applying for loan next year and looking forward for your help with the process. Thanking you❤️you people are doing a great job and students struggling like us are very thankful for that❤️stay blessed
Hi, Onyok! Thanks for your words of appreciation. Please reach out to your Financial Officer when you are ready to start the process. We will be happy to help you!
The HACK gave me life,I'm worried about getting non ctrl loan because I dnt have a property worth more than 10 lakhs....tnq for the video mam,it was very helpful
Hi, Varun! Thanks for the suggestion, we'll look into it. For guidance on the same, you may connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
I have submitted all of my documents but the financial officer is not so much respondive he don't pick my call.... I need to consult ASAP as I going UK in Sept intake
The minimum possible income a person should have to be accepted as a coapplicant is where he has atleast been filing Income Tax Returns for the past two years atleast... If you have any other doubts about the unsecured loan process, have a quick discussion with our loan team here to get more clarity: bit.ly/education-loan
Hi, Rohit! They do provide education loans. For further guidance on loan options from various lenders, you may request a callback on this link: bit.ly/education-loan
Hi, Shiny! It has to be a maturing policy with a fixed maturity date. Please watch this video for more details: th-cam.com/video/C1vbCwz8cGs/w-d-xo.html If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hi Shruthi, it's very difficult to getting a non collateral education loan with agriculturist as a co-applicant. Public banks have no issues. Hence, they are a better choice in such situations. But, yes, they require a valid collateral. Hence, better speak with our financial officer about the same @ www.wemakescholars.com/study-abroad-education-loan
I would like to know more about Unsecured loan for PG program in Conestoga college in Canada.. Loan amount required - 16 lakhs Co applicant - Salaried... May 2023 intake
Hi Mithun! We can help you get an unsecured education loan for your PG degree in Canada. We have helped 500+ students for the same, Kindly connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hello... the concept of secured (or partially secured loan) is universal irrespective of which financial lender you are going ahead with. The security is always mortgaged with the bank or NBFC that you are taking a loan from. If your financial assets are in another bank, it will have to be transferred to the NBFC you are going ahead with. Our loan team will help you with the process. Get in touch with them here: bit.ly/education-loan
Hi! The co-applicant should be earning at least Rs. 30,000 per month. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hey, thanks for the video.. Can you advise in the non collateral loan do we have to submit father’s pan card and aadhar card as well, even when he is not shown as guarantor??
Hi Rohan! A primary co-applicant (Parents) is mandatory for an education loan and their documents are needed to be submitted, even they are not your financial co-applicant. We would suggest you to talk to our Financial Officer about the same so they can project more clarity. Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
I would like to know if there is any bank out there who would accept agriculture land as collateral because that is the only thing I can put as security coming to non collateral I'm the elder one amongst my siblings and my parents are not that educated to have a cibil score...can somebody out there can help me?
Hello Abhishikta! Agricultural land will not be accepted as collateral. And education loans from any lender will definitely require the coapplicant's CIBIL score. Your case seems to be quite tough, but anyway you can just discuss the particulars with our loan team. If there is some way out, they will tell you: bit.ly/education-loan
hello i want to know in brief about the partial secured loan that is it really helpful to get a loan ?if yes then how many chances are there for approval or rejection of my application?
Hi, Sanket! If your profile is not eligible for a private education loan without collateral, then you could place partial security and gain a partially secured loan. The amount of this security can be much lower than the amount of loan you are seeking. We would have to evaluate your profile to check your eligibility for the same. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi Habeebu, Yes the co-applicant is required for any kind of Education loan. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hello Shubham, please note that it is virtually impossible for a non collateral loan to be sanctioned for UK files. Unless the profile is exceptional. I would suggest that the wise option would be to arrange for some collateral. Please speak to our loan team for more details: bit.ly/education-loan
Hi, You will need a pre disbursement for Australia and with Union Bank, it is possible. If you are facing issues with the same, our financial officers will guide you with the process. Contact us by using this link: bit.ly/48cTdcR
If NBFCs don't accept application from North East then we don't have a chance to apply. And also how do we know our profile is good or not? How do we check it?
Hi! NBFCs do accept applications from the North East. To get your profile evaluated, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once we get your request, the respective Financial Officer for your region will call you to help you further.
I applied through WeMakeScholar. I got loan approved from incred and they are asking me to pay the processing fees and get the sanction letter. I am worried that after paying this huge amount what if they do not disburse the money or they ask for lot of documents to get the disbursement later? What do you suggest?
Hi, Rohit! The advantage of approaching these lenders through WeMakeScholars is that if there is any issue, we can escalate it. Incred is a trusted NBFC. They will definitely disburse the money once you pay the processing fee.
Really very beneficial video I just needed it and coincidentally I saw this video my many doubts have cleared.. I have also applied for loan for study In Canada.. Really helpful thank u so much mam
Hi, Roop! Glad you found the video helpful. For one-on-one guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi! Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hiiii ma'am ....collateral is compulsory for loan that is less than 4lac. ..in India if percentage is low...but the university's reputation is good.....
Hi Abhishek, you can get non collateral loans under 4 lacs if you approach any nationalized bank. They check the co-applicants' job and financial history to sanction it. Which university are you going to?
Hi Govardhan, We will have to evaluate all the parameters to check your eligibility. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Maam i want to go germany for bachelors for study its my biggest dream i need 12 lacs to study in german, but i cant afford sucv amount, i dont have any such own property or house.. But we do have agriculture.. Im able to have unsecured loan or not maam please do reply it will help me alottt...
Beautiholic Habiba Hi, in today’s market condition, getting an unsecured loan for a bachelor degree in Germany or any country it be, is very difficult. The non collateral education loan lenders have become stringent as their guidelines has been recently changed by RBI. Name the university where you have got the admit so that we can check once for any possibility.
As there is no collateral security, how these institutions calculate the ,loan to be sanction , amount ? Suppose a loan application for 20 lac for 20 yrs will approx make an EMI of 15000 per month, how much should be monthly income of applicant and co-applicant club to be eligible for getting a sanction?
Hi, Jagdev! The maximum loan amount you are eligible for depends on factors like course, country, university, co-applicant's financial profile, etc. We would have to evaluate your profile to check your eligibility. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Fully unsecured is a little difficult for Australia at this point as per the market conditions. Can you at least arrange partial collateral? Then we can give it a good try.
Hi, Pallavi! Yes, if you take a loan from an NBFC, you will be paying either full or partial interest starting from the moratorium period (course duration + 1 year). For more details, please get in touch with our loan team by requesting a callback on this link: bit.ly/education-loan
Hi, Janice! Yes, NBFCs can give you a loan for MBA too. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi, Tushar! You may watch our videos on Prodigy Finance here: 1. th-cam.com/video/YEcdfZ0bh1M/w-d-xo.html 2. th-cam.com/video/D5BdvJd113g/w-d-xo.html If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hi Mitesh! With Bachelors programs, the course duration is double that of the average Masters courses. The repayment period, therefore, extends accordingly. This is why NBFCs do not give loans for Bachelors programs. For Bachelors, a collateral loan is the only way out. If you can provide collateral and can go ahead with a loan, you can talk about all other details here: bit.ly/education-loan
Hi, Chandan! We can help you out with loan options after evaluating your profile. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
I want to know after getting loan sanction what is the procedure to get that money from the govt banks? Will it go directly to the foreign university or comes to applicants account?
Hi, Somnath! The tuition fee is transferred to the university directly. You may watch this video on Education Loan Disbursement for further details: th-cam.com/video/pATtwCjvNNc/w-d-xo.html If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hi, the Australian embassy doesn't accept applications from students who have taken loan from any NBFCs. And NBFCs majorly lend non-collateral loans. We do not process non-collateral loan applications for Australia for this reason. Thank you for writing.
Hi Simran! Both the applicant's and co-applicants' CIBIL are checked while your education loan is getting processed. Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi Amit! All the services of WeMakeScholars are completely free of cost as WeMakeScholars is funded and supported by the Ministry of IT, Govt of India. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hi! It would be ideal if the collateral value is above 30 lakhs. The higher the collateral value, the higher the loan you are eligible for. For further details, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you within 24 hours.
Hi Ashish! Getting an unsecured loan depends on multiple factors. Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi, Sandhya! Yes, you can. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi, Ganesh! Government banks still provide unsecured loans of up to 7.5 lakhs only. You can get higher amounts unsecured from private lenders. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
@@WeMakeScholars Sure. I'm already in contact with one of the representative from WMS :). Just waiting for my admission decision as the amount will be dependent on the program that I will get into. Thank you!
Hi, Helen! Sure, please email your phone number and city/state to hello@wemakescholars.com . The Financial Officer for your region will get in touch with you.
Hi, Umesh! When this video came out, public banks were interested in starting the unsecured loan of higher amounts as NBFCs were also doing this. But then NBFCs briefly stopped unsecured loans so the plan was put on hold. Now that NBFCs are giving unsecured loans again, the plan may be resumed. It is still being worked on and is an ever-changing process. We're not sure when exactly it will be available. However at the moment, if you need assistance with your education loan, please get in touch with our team by requesting a callback on this link: bit.ly/education-loan
Hi, Yuvraj! Yes, it is possible to take an unsecured education loan if your co-applicant is in another city. The WeMakeScholars team can help you with that. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
One of the employee of we make scholars told me that in unsecured loan the co-applicant have to pay interest during your studies ?! Is it mendatory to pay interest during studies ??
Okay, their CIBIL score will be quite good then. For more clarity on this or any issue about education loans, have a free discussion with our loan team bit.ly/WMScallback :)
Hi, Roshni! Please watch this video on the education loan repayment process: th-cam.com/video/KKI6-qGZM3E/w-d-xo.html If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hi, Saad! When this video came out, public banks were interested in starting the unsecured loan of higher amounts as NBFCs were also doing this. But then NBFCs briefly stopped unsecured loans so the plan was put on hold. Now that NBFCs are giving unsecured loans again, the plan may be resumed. It is still being worked on and is an ever-changing process. We're not sure when exactly it will be available. However at the moment, if you need assistance with your education loan, please get in touch with our team by requesting a callback on this link: bit.ly/education-loan
Hi, Jerin! Glad you found the video helpful. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hi Devanshu, We need to check your academics, your co-applicant profile and country you are going to study at, only then we can judge your eligibility and the minimum amount you can get. To discuss further, Please get in touch with our team by requesting a callback on this link: bit.ly/education-loan
WeMakeScholars doesn't charge you anything for assisting in the process. It's an initiative funded and supported by the Govt. of India by the IT Ministry.
Hi, Rushi! Glad you found the information helpful. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hi Sumit, GMAT is taken into consideration instead of GRE when going for MBA related courses. For MBA, NBFCs usually fund only a specific set of B-Schools. Anyways, drop a callback request and speak with our financial officer to get more support @ www.wemakescholars.com/study-abroad-education-loan
can you please tell which one among the nbfc, incred, avanse, and auxillo, is best to take education loan of 15L without collateral...(your personal opinion)
The simple answer is, whichever lender among these 3 offers the best deal, you can go ahead with them. WeMakeScholars team regularly checks the terms and conditions offered by these lenders so that they don't overcharge students for the education loans. The WMS financial officer also will assist you. If found any major issues, WeMakeScholars blacklists such lenders. Like what happened with Credila. Other than this, make sure you apply via WeMakeScholars as there are multiple benefits like: 1) Lowest Interest rates offered 2) Necessary deviations possible in your case with negotiations 3) Best customer service with end-to-end coordination 4) Upto 3K is offered as cashback Check your education loan eligibility @ www.wemakescholars.com/check-your-eligibility
Hey , if i get acceptance from IVY league college . & i wont have collateral to show , neither i have a co-applicant who is earning that great .Frankly speaking if we are from weaker section . can i get a loan ? Will my loan get approved from NBFCS either from Prodigy ? Or public Banks ?
Hi, Satyam! Please watch this video on How to get an Education Loan without Collateral and without Co-applicant for Study Abroad: th-cam.com/video/gQixPzWe0z4/w-d-xo.html For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hello Karishma, it depends on which bank you are going ahead with. Government banks have loan margins that range from 10% to 20%. There are some cases when loan margin can even be higher than that. If you are going with non collateral loans from NBFCs, there is no loan margin. Our Loan Officer Archit is in touch with you. Please ask him to explain this point to you in detail.
Hi mam, So is there a moratorium period for NBFCs or do we need to start paying interest from the date of reimbursement? Looking forward to your reply. Thanks
Hi, Archana! If you have taken a secured loan from a government bank, you will not have to pay interest during the moratorium period (course duration + 6 months). The interest accumulates and you can pay after the moratorium period. However, if you take an unsecured loan from a private bank/NBFC, you will have to make either full or partial interest payments even during the moratorium period. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hi, Talib! It is difficult to get unsecured loans for UG courses. Depends on your university and co-applicant's financial profile. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi! It would depend on your university and co-applicant's financial profile. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi, Vineet! Yes, it is absolutely safe. WeMakeScholars is an organization which is funded and supported by the Ministry of IT, Govt of India. We are there to help students like you get an education loan. For your information, all the services of WeMakeScholars are completely free of cost. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
THNX FOR THE DETAILED INFORMATION💞..IM PLANNING TO GO IN SOUTH KOREA IN SEOUL NATIONAL UNIVERSITY AND IM NT SURE IF IM GOING TO USE COLLETERAL OR NON COLLETERAL BUT CAN SOUTH KOREA HE APPROVED IN NON COLLETERAL SCHEME? AND IM FROM NORTH EAST AND ITS VERY SAD THAT THEY ALWAYS NEGLECT US,THIS IS WHY SOMETIMES I DNT FEEL LIKE STAYING IN INDIA
Hello! Unfortunately, it is impossible to get a non collateral loan for South Korea. If you are particular about studying in South Korea, then a collateral loan is the only option available to you. You can discuss the countries and courses where non collateral loan is possible with our loan team here: bit.ly/education-loan
@@WeMakeScholars Like as you said about partially secured loan i can even deposit 3 lakhs rupees for 15 lakhs loan..is it still applicable for souh korea or only selected country in ndfc's
Hi Nehal, the interest rate varies from bank-bank and profile-profile. Speak with our team as they can suggest you the best bank offering the least interest rate, matching your profile. We’re empanelled with 15+ public and private banks. Request a callback at bit.ly/48cTdcR. Our team will get back to you soon.
Hi, Manjinder! The co-applicant should be earning at least Rs. 30,000 per month. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi Abhishek! We will require a few more details to check your education loan eligibility. Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi Riya! It is only possible with private lenders but not in case of public banks. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hi, Sohan ! Yes, it is possible. We would have to evaluate all the parameters to guide you on loan options. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
For a non collateral loan, definitely the coapplicant should have enough salary to file Income Tax atleast. Ofcourse, the higher the salary, the stronger the student's profile becomes. Please note that only immediate relatives will be accepted as coapplicant. For more details, speak to our loan officer here: bit.ly/education-loan
Yes, that's not a problem for education loans from govt. banks. But, for non-collateral education loans from private banks, this might be an issue. Anyways, speak with our financial officer and they'll guide you in the further steps. Check @ www.wemakescholars.com/study-abroad-education-loan
Hi, Ravinder! Yes, at least a primary co-applicant is required for every education loan. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Yes Shree. You are definitely eligible. There is no criteria that IELTS is required for the loan. I know many bank managers, tell students that they won't give an education loan without IELTS score. But don't worry, that is just their lack of knowledge. To get one-on-one guidance on your education loan, please get in touch with our team by requesting a callback on this link: bit.ly/education-loan and for your information, WeMakeScholars provides a completely free service for students as we are funded and supported by the Ministry of IT, Govt. of India.
Hi, We Make Scholars is doing a great Job. But it is heart wrenching to know that none of the NBFC'S provide Financial Assistance without a collateral Security for Law background. I am trying to do International Law and I don't have a security and NBFC's claimed that lawyers alone cannot avail it and they are ready to give this for anything other than Law background. Can we Make Scholars take some intiative for Lawyers too who really want to do Masters with so much insight to see the future better.
Hi Cherry. Unfortunately, getting a non collateral loan for law graduates is virtually impossible, at least in the current scenario. Since NBFCs lend such large amounts of money without mortgaging property, their risk is much higher. Therefore they are way more stringent about their lending policies. They accept profiles only where the chances of permanent residency is the foreign country is very high. As of now, it's only STEM graduates who manage to be employed long enough in a country to apply for citizenship. This is why they are given preference. It's unfair, I know! Maybe you could try looking for some third party collateral? If so, our loan officers can help you process a loan with a government bank. You can speak to them here: bit.ly/education-loan
Hi, Husnain! It depends on your university and co-applicant's financial profile. We would need some more details to check your eligibility. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Please can you tell .. I live in Patiala . Can I apply from Patiala? I want to go to Germany but main problem that is rising is a funds like funds for block account and for tuition fees etc.. please can you help me I don't understand what to do ..
Hello Ekjot! Applying for a loan for higher studies abroad can be quite complicated since you have to consider the rules and regulations of the university, embassy, visa sanctioning authorities as well as the banks. No matter how much you search online, there is no place where you can get comprehensive data taking all these factors into consideration. That's precisely why WeMakeScholars exists. Get in touch with our loan team here: bit.ly/education-loan We will guide you in every step of the way!
Hi, Sahala! Yes, we can try. There is no policy which restricts this. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hi, Sagar! Yes, if you take an unsecured loan from an NBFC, you would have to pay either full or partial interest during the moratorium period (course duration + 6 months/1 year). Each lender has different interest rates. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you within 24 hours.
Hi Damini, You mentioned that you were working with a govt/public sector bank for unsecured education loan of 50L for top universities. Do you have any update on that? If yes , can you share additional information on that? - Srikanth
Hello! The talks are still in progress, and at this stage I am not authorized to share further details. However, it will still take some time for everything to be finalized and approved for Pan India operations.
WeMakeScholars what would be a conservative timeline of “some time” you mentioned? If you can share. BTW kudos to you and your team for what you are doing. This really helps a lot of aspirants to turn their dreams into reality! Keep up the good work!!
Hi, Subrata! The amount that can be given on Fixed Deposit varies from bank to bank. You may watch this video on how collateral is valued for an education loan: th-cam.com/video/C1vbCwz8cGs/w-d-xo.html For further guidance on collateral requirements, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hello, everyone! Do check out our latest video on "Karur Vysya Bank education loan schemes, Best bank for Abroad Education": th-cam.com/video/8bIbtTkCG6g/w-d-xo.html
@Sushma Thakur Hi Sushma! We will have to evaluate your profile to check your education loan eligibility. Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
You proved that if there is a will to study and achieve something in life there is always someone to help you out .
That's right, Vaishnav. As Paulo Coelho rightly said, "When you want something, all the universe conspires in helping you to achieve it." If you'd like to get in touch with our team you can do so here: bit.ly/education-loan
2nd Video that I watched and its already helping me to realize my dream to send my daughter for abroad studies on an Education Loan
Thanks Appoorv ji. I am glad that my videos are empowering students and Parents like you. To start the loan process for your daughter, please get in touch with our team by requesting a callback on this link: bit.ly/education-loan
Dear Madam, I am from Rural area of TN and in 2007 we had started one consulting firm . It was for the students who seek education in Overseas.The countries selected for studies were Singapore and Malaysia since we had some close contacts . Our aim was to avail the loan from the local banks with good support of students and parents. But our business was in utter failure and need to close even though there were tonnes of potential inquiries. The main reason was the B A N K and their approach. Initially they sanctioned 6 or 7 cases and their after they were really reluctant to take our application even though applicants had collateral security and right documents . After seeing your videos , we have decided to RE OPEN our office.. It was so informative and you are covering the areas where normal loan applicant can reach. Banks normally imposes their manipulated terms and rules to the applicant's head... This is also nullified... Thanks a million
Hi, Senthil! Thanks for your comment! It's great to learn that our videos inspired you this way. You're absolutely right about banks and their attitude towards education loans.
SBI ppl r not giving proper information regarding loan..I asked the manager upto 7.5l which is without collateral and he is saying property papers is must..seems like they don't want to give edu loan..govt services r worst in India..they only provide loans to ppl who run away from India with money..
Hi Salman, it is very difficult to get a non-collateral education loan (under 7.5 lacs). Not just from SBI, but applies to any bank in India. Let's see your profile, your co-applicants profile and details so that our team can assist you in the process. www.wemakescholars.com/study-abroad-education-loan
@@WeMakeScholars pl help me sir or mam can for Canada study Loan
@@priyankamohite795 Hi, Priyanka! Sure. You may connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you.
@@WeMakeScholars Thanks so much
@@priyankamohite795 any progress? I am also looking for a loan for Canada! either non collateral or NBFC
It's of a great help mam...No one gives as much of in-depth detail about education loan as u gave ...! Thankyou so much....!
Hi Sumit, happy to know that you found it useful. Please subscribe and share with your friends.
Also, please feel free to request a callback from our financial officer @ www.wemakescholars.com/study-abroad-education-loan
Very informative video mam, I am looking for bachlors in civil engineering from Canadian college but my family didn't have enough fund, so can you people assist me to get a loan of 10-15 lacs without colletral so that I completed my dream to study abroad. Please reply 🙏🙏🙏
@@WeMakeScholars𝙝𝙡𝙤
@@ayushpundir5048 Hi, Ayush! We can help you out with loan options after evaluating your profile. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
@@cooljangra5167 Hi! If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Thank you so much for your valuable information provided Damini Mahajan Ma'am. The moment I heard about Non- Collateral loan, I was really impressed and I felt lucky to have some organization which helps people who don't have many assets in order to fulfill their dream to study in foreign such as me. I hope I would get my loan approved through you and I can achieve my dream to study in Germany.
Hi Chiranjeevi, thanks for your wishes. Glad to know that the episode has been helpful. For Germany we can help you get upto 15-18 lacs as non collateral education loan. However, the Co-applicant profile has to be strong, which will be briefly evaluated by our team. Pls drop a callback request on www.WeMakeScholars.com and the team can assist you as per your profile.
Hi you got loan without collateral, pls reply
we make Scholars videos are the best of You Tube videos knowledgeable, constructive and highly informative.... Wonderful oasis in this desert of difficult loan terrain....certainly the founders deserve a Nobel prize since other countries too can emulate their model and help the student community. Congrats founders. Viva La WemakeScholars.
j a Excited to hear that. Thank you so much!
Madam, I'm Vivek and I'm studying 2nd year of intermediate. I'm going to take CSE in B.tech, after that I want to study in USA to pursue MS in CS.
And my financial status is:-
1. Father job:- daily wages (no job)
2. No house
3. have D-form house site( not registered ) which is worth
about 2lakhs maybe
Could you please say what ways I have to fulfill my dream😔
Please replay ma'm
Hi, Vivek! For a secured education loan you would require collateral like non-agricultural land, house, flat, FD, insurance policy or govt. bonds. Third party collateral is also accepted. If that is not possible, you can go for an unsecured loan from a private bank/NBFC for which you would require a co-applicant with a strong financial profile who files ITR. When you are ready to start the loan process, you can get in touch with the loan team by requesting a callback on this link: bit.ly/education-loan
Hi mam
I have seen your jugad video on josh talk. It was amazing and now i found you on this channel. It is good to see you.
Thanks alot for to guiding people and make them scholars.
Hi Vishal, thanks for the wishes!
Please share about this web series and episodes with your friends and other social channels.
That's the best support you can offer for this initiative.
Greetings Damini ma'am!
Can't thank you enough for bringing out such informative videos to students who aspire to study abroad. wanted to ask one thing like as you said in the video that banks mostly give unsecured loans to only postgraduate students, but what about when it comes to undergraduate students , can they get or not ?
Hi, Alisha! Glad you found the videos informative. Unsecured loans above 7.5 lakhs for UG are difficult. They can give it in some cases based on university and co-applicant's income. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Literally, we make scholars surprises me specially the hacks....
Hi, Rehan! Glad you found the content helpful. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hello Ma'am, I'm looking for an unsecured loan in Canada of around 30L. Could you pls let me know if the visa officers will process my application if the loan is taken from NBFCs? I have heard only loans from govt banks are allowed in the form of collateral. Thanks
Hi Sourav, apologies for the delayed response.
It is always advisable to take an education loan from a govt bank. However, go to an NBFC only if you don't have eligible collateral. Better speak once with our financial officer and take assistance on choosing the best bank option for your study abroad @ www.wemakescholars.com/study-abroad-education-loan
Hi WMS Team, I am beyond glad to come across your platform. I am still in process of deciding what Masters program and Country I shall go for, looking forward to get in touch soon😊
Hi, Kanchan! We would be glad to help you with your loan process. You may connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Ma'am Russia is not eligible for non collateral loan? I got my admission letter for MBBS from Crimea federal University (13,572th rank in world ranking, one of the top University in Russia) can I get education loan of RS 7.5 lac without collateral?
Dear Sakshi, we won't be able to help you with 7.5 lacs non-collateral loan from Govt. banks. Sorry.
I think im kinda late to post a comment on this video and probability of you seeing it is less..but still lets try out my luck. So, i just wanted to thank you for helping me out with my confusion and for getting back to me within a day to solve my problems..i will be applying for loan next year and looking forward for your help with the process. Thanking you❤️you people are doing a great job and students struggling like us are very thankful for that❤️stay blessed
Hi, Onyok! Thanks for your words of appreciation. Please reach out to your Financial Officer when you are ready to start the process. We will be happy to help you!
Thank u so much mam..very helpful video
Shivani Dadhich Welcome. Pls share it with friends 😀
The HACK gave me life,I'm worried about getting non ctrl loan because I dnt have a property worth more than 10 lakhs....tnq for the video mam,it was very helpful
Thank you!!
@@WeMakeScholars can you please elaborate this hack mam..???
Can I split the loan partially between SBI and NBFC's like Incred in the case when we don't have enough collaterals to completely take a loan from SBI
Sorry Ram, it is not legal to take an education loan from two different lenders simultaneously.
The request call back feature isn't working on the site... Hope it's corrected soon! I've been trying to contact.
Hi Dear, I'm sorry for the technical issue. It is resolved now. Please try it.
Madam,please put a video on partially secured education loans
Hi, Varun! Thanks for the suggestion, we'll look into it. For guidance on the same, you may connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
I have submitted all of my documents but the financial officer is not so much respondive he don't pick my call.... I need to consult ASAP as I going UK in Sept intake
Hi, Ajay! Hope your Financial Officer has contacted you now. If not, please share your registered email address.
What comes under a decent income? Like what is the minimum range for a decent income?
The minimum possible income a person should have to be accepted as a coapplicant is where he has atleast been filing Income Tax Returns for the past two years atleast... If you have any other doubts about the unsecured loan process, have a quick discussion with our loan team here to get more clarity: bit.ly/education-loan
Hi Damini
I have seen many video but there is no video of icici for abroad education loan
Don't they provide it?
Hi, Rohit! They do provide education loans. For further guidance on loan options from various lenders, you may request a callback on this link: bit.ly/education-loan
How old LIC policy should be in order to attain loan for non collateral
Hi, Shiny! It has to be a maturing policy with a fixed maturity date. Please watch this video for more details: th-cam.com/video/C1vbCwz8cGs/w-d-xo.html If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Can agriculturist act as co-applicant for non-collateral loan?
Hi Shruthi, it's very difficult to getting a non collateral education loan with agriculturist as a co-applicant. Public banks have no issues. Hence, they are a better choice in such situations. But, yes, they require a valid collateral. Hence, better speak with our financial officer about the same @ www.wemakescholars.com/study-abroad-education-loan
I would like to know more about Unsecured loan for PG program in Conestoga college in Canada..
Loan amount required - 16 lakhs
Co applicant - Salaried...
May 2023 intake
Hi Mithun! We can help you get an unsecured education loan for your PG degree in Canada. We have helped 500+ students for the same, Kindly connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Do FD needs to be in the same NBFC from which we are taking loan? For partial unsecured loan?
Hello... the concept of secured (or partially secured loan) is universal irrespective of which financial lender you are going ahead with. The security is always mortgaged with the bank or NBFC that you are taking a loan from. If your financial assets are in another bank, it will have to be transferred to the NBFC you are going ahead with. Our loan team will help you with the process. Get in touch with them here: bit.ly/education-loan
Min. Income of co-applicant should be in case of employed.
Hi! The co-applicant should be earning at least Rs. 30,000 per month. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hey, thanks for the video.. Can you advise in the non collateral loan do we have to submit father’s pan card and aadhar card as well, even when he is not shown as guarantor??
Hi Rohan! A primary co-applicant (Parents) is mandatory for an education loan and their documents are needed to be submitted, even they are not your financial co-applicant. We would suggest you to talk to our Financial Officer about the same so they can project more clarity. Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
I would like to know if there is any bank out there who would accept agriculture land as collateral because that is the only thing I can put as security coming to non collateral I'm the elder one amongst my siblings and my parents are not that educated to have a cibil score...can somebody out there can help me?
Hello Abhishikta! Agricultural land will not be accepted as collateral. And education loans from any lender will definitely require the coapplicant's CIBIL score. Your case seems to be quite tough, but anyway you can just discuss the particulars with our loan team. If there is some way out, they will tell you: bit.ly/education-loan
hello i want to know in brief about the partial secured loan that is it really helpful to get a loan ?if yes then how many chances are there for approval or rejection of my application?
Hi, Sanket! If your profile is not eligible for a private education loan without collateral, then you could place partial security and gain a partially secured loan. The amount of this security can be much lower than the amount of loan you are seeking. We would have to evaluate your profile to check your eligibility for the same. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hello Do we need Co-appllicant if i choose partially unsecured loan?
Hi Habeebu, Yes the co-applicant is required for any kind of Education loan. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
How much loan can be sanctioned for UK?
Hello Shubham, please note that it is virtually impossible for a non collateral loan to be sanctioned for UK files. Unless the profile is exceptional. I would suggest that the wise option would be to arrange for some collateral. Please speak to our loan team for more details: bit.ly/education-loan
Is there no predisbirsememt for australia if take a loan without collateral for premiere university in union bank?
Hi, You will need a pre disbursement for Australia and with Union Bank, it is possible. If you are facing issues with the same, our financial officers will guide you with the process. Contact us by using this link: bit.ly/48cTdcR
If NBFCs don't accept application from North East then we don't have a chance to apply. And also how do we know our profile is good or not? How do we check it?
Hi! NBFCs do accept applications from the North East. To get your profile evaluated, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once we get your request, the respective Financial Officer for your region will call you to help you further.
I applied through WeMakeScholar.
I got loan approved from incred and they are asking me to pay the processing fees and get the sanction letter. I am worried that after paying this huge amount what if they do not disburse the money or they ask for lot of documents to get the disbursement later?
What do you suggest?
Hi, Rohit! The advantage of approaching these lenders through WeMakeScholars is that if there is any issue, we can escalate it. Incred is a trusted NBFC. They will definitely disburse the money once you pay the processing fee.
Really very beneficial video I just needed it and coincidentally I saw this video my many doubts have cleared.. I have also applied for loan for study In Canada.. Really helpful thank u so much mam
Hi, Roop! Glad you found the video helpful. For one-on-one guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
I need to know more about partially secured loan
Hi! Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Im neither eligible for collateral nor non collateral loan 😥
Hi, Gurpreet! Have you applied via WeMakeScholars? If yes, please share your registered email address.
@@WeMakeScholars yes I applied via wemakescholar id: gurpreetsandhu1502@gmail.com
Hiiii ma'am ....collateral is compulsory for loan that is less than 4lac.
..in India if percentage is low...but the university's reputation is good.....
Hi Abhishek, you can get non collateral loans under 4 lacs if you approach any nationalized bank. They check the co-applicants' job and financial history to sanction it. Which university are you going to?
Thanks.....
i dont have collateral and even i dont any family who is having proper income and support , what can we do in my situation
Hi Govardhan, We will have to evaluate all the parameters to check your eligibility. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Maam i want to go germany for bachelors for study its my biggest dream i need 12 lacs to study in german, but i cant afford sucv amount, i dont have any such own property or house.. But we do have agriculture.. Im able to have unsecured loan or not maam please do reply it will help me alottt...
Beautiholic Habiba Hi, in today’s market condition, getting an unsecured loan for a bachelor degree in Germany or any country it be, is very difficult. The non collateral education loan lenders have become stringent as their guidelines has been recently changed by RBI. Name the university where you have got the admit so that we can check once for any possibility.
As there is no collateral security, how these institutions calculate the ,loan to be sanction , amount ? Suppose a loan application for 20 lac for 20 yrs will approx make an EMI of 15000 per month, how much should be monthly income of applicant and co-applicant club to be eligible for getting a sanction?
Hi, Jagdev! The maximum loan amount you are eligible for depends on factors like course, country, university, co-applicant's financial profile, etc. We would have to evaluate your profile to check your eligibility. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
I'm being told from one of your team member that it is not possible to get a unsecured loan for Australia.
Fully unsecured is a little difficult for Australia at this point as per the market conditions. Can you at least arrange partial collateral? Then we can give it a good try.
WeMakeScholars Yes, of course I told him that I have a collateral of half a amount of my requirement, but then also he told that it is not possible !
Ankur, let me check into this.
Pls tell the name of the financial officer so that I can check and surely get back on this.
WeMakeScholars His name is Archit !
Ankur Kumar Got it. I’ll get back
Is non collateral loans provided for persons whose income is less than one lakh ??
Hello Femina, the coapplicant should most definitely be filing income tax atleast. That is the minimum eligibility criteria to be considered.
In nbfc do we have to pay rate of interest from the time the loan is disbursed???
Hi, Pallavi! Yes, if you take a loan from an NBFC, you will be paying either full or partial interest starting from the moratorium period (course duration + 1 year). For more details, please get in touch with our loan team by requesting a callback on this link: bit.ly/education-loan
You mentioned that NBFC provides loans just for STEM programme what about an MBA programme that's non STEM is it considered for loan?
Hi, Janice! Yes, NBFCs can give you a loan for MBA too. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
How about Prodigy finance? Any reviews?
Hi, Tushar! You may watch our videos on Prodigy Finance here:
1. th-cam.com/video/YEcdfZ0bh1M/w-d-xo.html
2. th-cam.com/video/D5BdvJd113g/w-d-xo.html
If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
@@WeMakeScholars thanks for sharing this information
In this video you informed that
Only masters can apply for NBFC .......
Couldn't we apply for bachelor degree for unsecured loan????
Hi Mitesh! With Bachelors programs, the course duration is double that of the average Masters courses. The repayment period, therefore, extends accordingly. This is why NBFCs do not give loans for Bachelors programs. For Bachelors, a collateral loan is the only way out. If you can provide collateral and can go ahead with a loan, you can talk about all other details here: bit.ly/education-loan
I dont have collateral and no bank is giving loan. What to do ?
Hi, Chandan! We can help you out with loan options after evaluating your profile. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
I want to know after getting loan sanction what is the procedure to get that money from the govt banks?
Will it go directly to the foreign university or comes to applicants account?
Hi, Somnath! The tuition fee is transferred to the university directly. You may watch this video on Education Loan Disbursement for further details: th-cam.com/video/pATtwCjvNNc/w-d-xo.html If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
But for Australia there is no education loan without collateral available from ur side
Hi, the Australian embassy doesn't accept applications from students who have taken loan from any NBFCs. And NBFCs majorly lend non-collateral loans. We do not process non-collateral loan applications for Australia for this reason. Thank you for writing.
Do our co-applicant must have cibil score more than 650 ? Or us ?
Hi Simran! Both the applicant's and co-applicants' CIBIL are checked while your education loan is getting processed. Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Thanks akka I am an tamil village girl. And I wish to study abroad. It was very helpful for me.
Happy to know that. Please keep sharing this Loanflix web series with your friends.
hi i am haryana i have scored 6 band in ielts exma but other bank not give me loan with proparty please tell me hoe i will get education laon
You get or not (loan)
Ma'am could you please share about how much commission did you charge against senctioned loan amount??
Hi Amit! All the services of WeMakeScholars are completely free of cost as WeMakeScholars is funded and supported by the Ministry of IT, Govt of India. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
How much should be the value of the collateral If I want to take 30 lacs loan....????
Hi! It would be ideal if the collateral value is above 30 lakhs. The higher the collateral value, the higher the loan you are eligible for. For further details, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you within 24 hours.
Is candidate profile also considered for education loan? Or also it depends only co applicants?
Hi Ashish! Getting an unsecured loan depends on multiple factors. Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Hii mam..
Can't we get a education loan for norway ..
Hi, Sandhya! Yes, you can. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Has the amount limit (₹7.5L) for collateral free loan changed now? Especially for the US Universities...
Hi, Ganesh! Government banks still provide unsecured loans of up to 7.5 lakhs only. You can get higher amounts unsecured from private lenders. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
@@WeMakeScholars Sure. I'm already in contact with one of the representative from WMS :).
Just waiting for my admission decision as the amount will be dependent on the program that I will get into.
Thank you!
i wanted to know more about my non- collateral loan. is there any way i can talk on call without having to upload the documents first?
Hi, Helen! Sure, please email your phone number and city/state to hello@wemakescholars.com . The Financial Officer for your region will get in touch with you.
Did the collaboration with “one of the biggest” banks happen?
Hi, Umesh! When this video came out, public banks were interested in starting the unsecured loan of higher amounts as NBFCs were also doing this. But then NBFCs briefly stopped unsecured loans so the plan was put on hold. Now that NBFCs are giving unsecured loans again, the plan may be resumed. It is still being worked on and is an ever-changing process. We're not sure when exactly it will be available. However at the moment, if you need assistance with your education loan, please get in touch with our team by requesting a callback on this link: bit.ly/education-loan
Mam IN insecure education loan guarantor should local or it can be from another city??
Hi, Yuvraj! Yes, it is possible to take an unsecured education loan if your co-applicant is in another city. The WeMakeScholars team can help you with that. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
One of the employee of we make scholars told me that in unsecured loan the co-applicant have to pay interest during your studies ?!
Is it mendatory to pay interest during studies ??
Hi Suhail, you will be required to pay only partial amount. Not the whole interest. It does not amount to a large amount, so don't worry :)
My co-applicant haven't took any loan or credit card yet, so what about CIBIL score ?
Okay, their CIBIL score will be quite good then. For more clarity on this or any issue about education loans, have a free discussion with our loan team bit.ly/WMScallback :)
Mam.. Could you please comment on moratorium period and loan repayments, when do we need to start repaying and other related things to repay loan
Hi, Roshni! Please watch this video on the education loan repayment process: th-cam.com/video/KKI6-qGZM3E/w-d-xo.html If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hello Ma'am, could you please elaborate on Vidyaloans?
Hi, Shounak! Yes, we will be making a video about this soon. Meanwhile, you can seek help from your Financial Officer.
Hello maam. Have you people started the 50lc loan at no collateral?. You mentioned at 4:30
Hi, Saad! When this video came out, public banks were interested in starting the unsecured loan of higher amounts as NBFCs were also doing this. But then NBFCs briefly stopped unsecured loans so the plan was put on hold. Now that NBFCs are giving unsecured loans again, the plan may be resumed. It is still being worked on and is an ever-changing process. We're not sure when exactly it will be available. However at the moment, if you need assistance with your education loan, please get in touch with our team by requesting a callback on this link: bit.ly/education-loan
This is so informative and helpful... Thank you so much
Hi, Jerin! Glad you found the video helpful. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Mam it would be great if you can tell the least amount we can get
Hi Devanshu, We need to check your academics, your co-applicant profile and country you are going to study at, only then we can judge your eligibility and the minimum amount you can get. To discuss further, Please get in touch with our team by requesting a callback on this link: bit.ly/education-loan
Can co-applicant be a private employee or is it mandatory to be a government employee?
For non-collateral loan...and how much I need to pay for "we make scholars" community to get done with my loan processing?
Hi Sruthi, private / govt employee doesn't matter. The income should be minimum Rs 20K+ per month.
WeMakeScholars doesn't charge you anything for assisting in the process. It's an initiative funded and supported by the Govt. of India by the IT Ministry.
Great Information Provided by You
Hi, Rushi! Glad you found the information helpful. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Is this only for GRE? What about students trying thorugh GMAT?
Hi Sumit, GMAT is taken into consideration instead of GRE when going for MBA related courses. For MBA, NBFCs usually fund only a specific set of B-Schools. Anyways, drop a callback request and speak with our financial officer to get more support @ www.wemakescholars.com/study-abroad-education-loan
can you please tell which one among the nbfc, incred, avanse, and auxillo, is best to take education loan of 15L without collateral...(your personal opinion)
The simple answer is, whichever lender among these 3 offers the best deal, you can go ahead with them. WeMakeScholars team regularly checks the terms and conditions offered by these lenders so that they don't overcharge students for the education loans. The WMS financial officer also will assist you. If found any major issues, WeMakeScholars blacklists such lenders. Like what happened with Credila.
Other than this, make sure you apply via WeMakeScholars as there are multiple benefits like:
1) Lowest Interest rates offered
2) Necessary deviations possible in your case with negotiations
3) Best customer service with end-to-end coordination
4) Upto 3K is offered as cashback
Check your education loan eligibility @ www.wemakescholars.com/check-your-eligibility
Hey , if i get acceptance from IVY league college . & i wont have collateral to show , neither i have a co-applicant who is earning that great .Frankly speaking if we are from weaker section . can i get a loan ? Will my loan get approved from NBFCS either from Prodigy ? Or public Banks ?
Hi, Satyam! Please watch this video on How to get an Education Loan without Collateral and without Co-applicant for Study Abroad: th-cam.com/video/gQixPzWe0z4/w-d-xo.html For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Is it true that 20% of loan amount we have to pay and 80% is financed by the bank ? please reply ma'am ? or is it 10% ?
Hello Karishma, it depends on which bank you are going ahead with. Government banks have loan margins that range from 10% to 20%. There are some cases when loan margin can even be higher than that. If you are going with non collateral loans from NBFCs, there is no loan margin. Our Loan Officer Archit is in touch with you. Please ask him to explain this point to you in detail.
Hi mam, So is there a moratorium period for NBFCs or do we need to start paying interest from the date of reimbursement? Looking forward to your reply.
Thanks
Hi, Archana! If you have taken a secured loan from a government bank, you will not have to pay interest during the moratorium period (course duration + 6 months). The interest accumulates and you can pay after the moratorium period. However, if you take an unsecured loan from a private bank/NBFC, you will have to make either full or partial interest payments even during the moratorium period. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Third party proof acceptable for non collateral loans?
Hi, Sagin! Can you please elaborate?
Ma'am can we take unsecured loans for bachelor's degree (undergraduate) programs also?
Hi, Talib! It is difficult to get unsecured loans for UG courses. Depends on your university and co-applicant's financial profile. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
You talked about partially secured loan so was that for masters only? Or was it for bachelors also?
Please reply!!
Hi! It would depend on your university and co-applicant's financial profile. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Is it safe to get loan for studying abroad PL guide
Hi, Vineet! Yes, it is absolutely safe. WeMakeScholars is an organization which is funded and supported by the Ministry of IT, Govt of India. We are there to help students like you get an education loan. For your information, all the services of WeMakeScholars are completely free of cost. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
THNX FOR THE DETAILED INFORMATION💞..IM PLANNING TO GO IN SOUTH KOREA IN SEOUL NATIONAL UNIVERSITY AND IM NT SURE IF IM GOING TO USE COLLETERAL OR NON COLLETERAL BUT CAN SOUTH KOREA HE APPROVED IN NON COLLETERAL SCHEME? AND IM FROM NORTH EAST AND ITS VERY SAD THAT THEY ALWAYS NEGLECT US,THIS IS WHY SOMETIMES I DNT FEEL LIKE STAYING IN INDIA
Hello! Unfortunately, it is impossible to get a non collateral loan for South Korea. If you are particular about studying in South Korea, then a collateral loan is the only option available to you. You can discuss the countries and courses where non collateral loan is possible with our loan team here: bit.ly/education-loan
@@WeMakeScholars Like as you said about partially secured loan i can even deposit 3 lakhs rupees for 15 lakhs loan..is it still applicable for souh korea or only selected country in ndfc's
So the education loan interest?
Hi Nehal, the interest rate varies from bank-bank and profile-profile. Speak with our team as they can suggest you the best bank offering the least interest rate, matching your profile. We’re empanelled with 15+ public and private banks. Request a callback at bit.ly/48cTdcR. Our team will get back to you soon.
Can you tell me how much should be the salary of co-applicant?
Hi, Manjinder! The co-applicant should be earning at least Rs. 30,000 per month. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Please tell me what is the loan amount for study in UK if unsecured loan amount
Hi Abhishek! We will require a few more details to check your education loan eligibility. Please connect to our loan team by requesting a callback on this link:bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
According to the hack which you told, can I apply to a public bank with an FD of 3 lakhs as collateral to acquire a loan of 15 lakhs ??
Hi Riya! It is only possible with private lenders but not in case of public banks. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Hi Ma'am
I would be interested in the govt bank that will give loan without collateral.
Hi, Sohan ! Yes, it is possible. We would have to evaluate all the parameters to guide you on loan options. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
May i ask you what do you mean by decent income?
For a non collateral loan, definitely the coapplicant should have enough salary to file Income Tax atleast. Ofcourse, the higher the salary, the stronger the student's profile becomes. Please note that only immediate relatives will be accepted as coapplicant. For more details, speak to our loan officer here: bit.ly/education-loan
What If Co applicantS Are retired Gov empolyees ????
Yes, that's not a problem for education loans from govt. banks.
But, for non-collateral education loans from private banks, this might be an issue. Anyways, speak with our financial officer and they'll guide you in the further steps. Check @ www.wemakescholars.com/study-abroad-education-loan
Mam
Does we need a guranter to sign on our loan application
Hi, Ravinder! Yes, at least a primary co-applicant is required for every education loan. If you are seeking help from our team with the loan process, please get in touch by requesting a callback on this link: bit.ly/education-loan
Mam, I have a doubt
The dubai country doesn't need IELTS exam for study purpose. So I'm eligible for apply this type of loan.
Yes Shree. You are definitely eligible. There is no criteria that IELTS is required for the loan. I know many bank managers, tell students that they won't give an education loan without IELTS score. But don't worry, that is just their lack of knowledge. To get one-on-one guidance on your education loan, please get in touch with our team by requesting a callback on this link: bit.ly/education-loan and for your information, WeMakeScholars provides a completely free service for students as we are funded and supported by the Ministry of IT, Govt. of India.
Hi,
We Make Scholars is doing a great Job. But it is heart wrenching to know that none of the NBFC'S provide Financial Assistance without a collateral Security for Law background. I am trying to do International Law and I don't have a security and NBFC's claimed that lawyers alone cannot avail it and they are ready to give this for anything other than Law background. Can we Make Scholars take some intiative for Lawyers too who really want to do Masters with so much insight to see the future better.
Hi Cherry. Unfortunately, getting a non collateral loan for law graduates is virtually impossible, at least in the current scenario. Since NBFCs lend such large amounts of money without mortgaging property, their risk is much higher. Therefore they are way more stringent about their lending policies. They accept profiles only where the chances of permanent residency is the foreign country is very high. As of now, it's only STEM graduates who manage to be employed long enough in a country to apply for citizenship. This is why they are given preference.
It's unfair, I know!
Maybe you could try looking for some third party collateral? If so, our loan officers can help you process a loan with a government bank. You can speak to them here: bit.ly/education-loan
Is non -collateral loan is available for bachelor / undergraduate students for USA
Hi, Husnain! It depends on your university and co-applicant's financial profile. We would need some more details to check your eligibility. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Please can you tell .. I live in Patiala . Can I apply from Patiala? I want to go to Germany but main problem that is rising is a funds like funds for block account and for tuition fees etc.. please can you help me I don't understand what to do ..
Hello Ekjot! Applying for a loan for higher studies abroad can be quite complicated since you have to consider the rules and regulations of the university, embassy, visa sanctioning authorities as well as the banks. No matter how much you search online, there is no place where you can get comprehensive data taking all these factors into consideration. That's precisely why WeMakeScholars exists. Get in touch with our loan team here: bit.ly/education-loan We will guide you in every step of the way!
Is it possible if I get sanctioned an edu loan against fd for faster process and change it against collateral of equivalent value and withdraw the fd
Hi, Sahala! Yes, we can try. There is no policy which restricts this. Please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
If I take non-colateral from NBFC's is co-applicant has to pay interest during studies, if yes how much
Hi, Sagar! Yes, if you take an unsecured loan from an NBFC, you would have to pay either full or partial interest during the moratorium period (course duration + 6 months/1 year). Each lender has different interest rates. For further guidance, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you within 24 hours.
@@WeMakeScholars already filled out the form however, still didn't get any response from loan team
@@sagarkandekar106 Hi, Sagar! Your Financial Officer called you today but wasn't able to reach you. Please call him back at your convenience.
Hi Damini,
You mentioned that you were working with a govt/public sector bank for unsecured education loan of 50L for top universities. Do you have any update on that? If yes , can you share additional information on that?
- Srikanth
Hello! The talks are still in progress, and at this stage I am not authorized to share further details. However, it will still take some time for everything to be finalized and approved for Pan India operations.
WeMakeScholars what would be a conservative timeline of “some time” you mentioned? If you can share.
BTW kudos to you and your team for what you are doing. This really helps a lot of aspirants to turn their dreams into reality! Keep up the good work!!
To be really frank with you, it might take several months. :)
Thank you! It's very in-depth information...
Our pleasure, Roshani!
Mam i dont have any collateral to provide and coapplicant is bit tough to provide. For 25 lakhs loan how much fixed deposit will be sufficient ?
Hi, Subrata! The amount that can be given on Fixed Deposit varies from bank to bank. You may watch this video on how collateral is valued for an education loan: th-cam.com/video/C1vbCwz8cGs/w-d-xo.html For further guidance on collateral requirements, please connect to our loan team by requesting a callback on this link: bit.ly/education-loan Once you fill out the form, they will get back to you to guide you further.
Am I eligible for non collateral loan if I'm going for a UG program,pls ans...
Hello! Its not possible to get a non collateral loan for Undergraduate programs.