May be you were lucky enough to have a supportive parents,but 60 -70 lakh is really a huge amount for middle class family, well i wish you a great success and happiness in your life@@abhishekjaiswal1920
No my dad is a farmer, we didn't had any idea about the loan. my parents sold whatever we had including my mother's jewelry and took some money from relatives, collected some 20 lakh and got admission into the cheapest flying training organization that's how I started my journey
Not true. It depends on where you receive your training from. My dad is from a village in Maharashtra where his dad used to earn 5000 rupees, and now my dad is a line training captain at Indigo.
@@Jakritimhe is bluffing. In 1996 in coimbatore there used to be flying college named perk. They used to charge 20 lakhs for course. Imagine in 96 it's 20 lkhs plus 😂😂
@@sahiriaralam8577 To secure a bank loan of approximately 1 crore lNR with EMIS of approximately 1.32 lakh INR over 10 years at an annual interest rate of 10%, you would need collateral worth around 1.43 crore INR, a net monthly income of at least 2.64 lakh INR, and a good credit score (750+).
@@sahiriaralam8577 For an education loan of 1 crore INR at a 10% annual interest rate with a 15-year repayment tenure, the monthly EMI would be approximately 1,07,461 INR. To secure this loan, you typically need collateral worth 1 crore INR and a co-applicant (parents usually) with a stable monthly income of at least 2.15 lakh INR. Repayment usually starts 6 months to 1 year after course completion.
@@sahiriaralam8577 For an education loan of 1 crore INR at a 10% annual interest rate with a 15-year repayment tenure, the monthly EMI would be approximately 1,07,461 INR. To secure this loan, you typically need collateral worth 1 crore INR and a co-applicant with a stable monthly income of at least 2.15 lakh INR. Repayment usually starts 6 months to 1 year after course completion.
*Just checked cost of Indigo Cadet Pilot Program. It's Rs. 1.3 Crore and this doesn't include your Food and accomodation 💀* *So this industry basically runs on nepotism of elites except for the handful of airforce guys who compulsorily have to serve the country for 15 years before joining.*
@@heimito9657 Haan par unko bhi toh 15 saal min serve kar padta hai na, uske upar se typerating ka bhi kuch lakho toh lag hi jaata hai air force pilots ka
@@krjg9809 yes there is nepotism here but if you gotta work hard and understand this things to get job easier as them but after airforce you will be just a first officer but guy who worked 10 years can be a wide body captain so basically airforce guy earns 3,4 lakhs and other guy will earn 12.13
You can complete your CPL within ₹25 lakhs (Johannesburg School of Flying) & you have to spend additional ₹10 lakhs for Flight simulator training. Some airlines might charge additional ₹10-15 lakhs for Airline Training. You can also become a Pilot with almost no fees through joining NDA (through NDA or CDS or AFCAT exam) and then pass the exam of CPSS and that's it, you'd become a Fighter Pilot. After serving the nation for 14 years, you can get retired and join Commercial Airline as an Commercial Pilot and explore the World.
@@infinixgaming1791yes you can... But you have to compete with a great competition from the entire India. And for that you have to clear for exams, written, SSB interview and medical test. In case of height you should have minimum 162.5 CM. So check all the details from RU-vid all by yourself if you want to join. Nothing is impossible , if you want you will make it for sure 🤝🏾.
@@AB-gc6iu Hey Thanx for the reply. I've already cleared NDA written exams, but did not further pursue SSB since my goal is to move and settle Abroad for masters. I believe I can clear CDS as well. Height and medical isn't an issue. What's the minimum service period for a flying officer in airforce so that I can then move abroad as a Pilot for commercial airlines? I just want to go this route of Airforce cuz pilot career is really interesting but parents won't invest 80L INR for my licence.
no most of them are upper middle class not rich . most rich people just send kids nowadays to nursing to foreign countries to earn a lot passion is within poor kids mostly
If I have 1 to 1.5 crore INR, I will not go to any job. I will simply do daily exercise and earn 1.2 to 1.5 lakh INR monthly without working. My family spends 40,000 INR monthly, and I will invest the remaining 80,000 INR. In 10 years, my capital will grow to 4.5 crore INR. Why would I want to work daily, travel up and down by flights, and show off to the public that I'm rich? I will live my life calmly in a village location and enjoy every moment.
If you just want to eat sleep exercise , ypu can do that , someone who wants to make a career and passionate about flying and wants to live an adventurous life . Does this
“ Rich = Classy “ is one of the leftover crumbs of colonialism. In simple words, not all rich people are classy. Example - 80% of Bollywood fraternity 😅
@@Okiedokieyesthere are reservation in pilot training too also they get charged less fees and priority with many scholarships we generals have to die bss 😢😢😢😢😢😢
I actually wanted be a pilot when I was kid and I worked hard for 12th where physics n maths must be 50+ n I scored 80in both but couldn’t make in NDA aswell n thought I could go to any flying school n when I came to know the fee my heartbroke felt really sad it’s been already 4yrs now still feel bad when I think about that
Pilot fee was around 30-35 lakh in 2010 and I know this only bcz son of my aunt's brother wanted to pursue that career and his dad could afford it. He got rejected bcz he had a terrible accident in 2008 and his one leg was almost crushed into pieces and he had rod in his whole leg. He was able to walk properly in 2010 but perhaps the physical exam demand a healthy body which he definitely wasn't.
that's just cpl ground classes are another few lakhs and type rating and medical and other stuffs too even though fuel price is not increased they charge higher nowadays
They will always talk about the salary to get all the eyeballs but not abt the shifting timing. You will be asked to work at odd hours doesn’t matter which day it is. Forget abt having any work life balance.
the real money is from course selling 😂 imagine 1000 people paying u 1cr to study tho only few will make it but as a owner of institute u are a millionaire.
@@nilimarya1627first of all you cannot take education loan for pilot training as it is a vocational course,not a educational course/degree.Most national banks will refuse your loan application.
cpl 45 lakhs medical and stuffs 2,4 lakhs and type rating 15 to 20 lakhs overall you can do it in 60 and when becomes a wide body captain you can earn 12 lakhs monthly
1.5 crore invested to get you 1.5 lakh thats like 12% intrest invest in any index mutual funds leave it for 10 years it will give you same amount or more rest of your life
Dont listen these people's 😂 one of my childhood friend , he now works for indego airlines.. have 4 year's of commercial pilot experience.. getting 14 LPA currently
