The current repo rate is 6.25%. I have applied through wemakescholars in HDFC credit for a loan of 25 Lakhs. Getting an interest rate of 12.25% which is very high. There is no problem with my profile and my University is also a top-ranked university but still no drop in the interest rate as you said in your other video
Hi Sagar, The interest rate determined by banks is mainly dependent on the profile of the student. Many factors such as Country, Income of the co-applicant, academic profile etc.. We can see you’ve opted for a Non-US country where the deal that you’ve received from an NBFC is the best deal possible. If you need any further guidance or clarification , revert to your financial officer.
Hello, ma'am. I'm Yash and I'm planning to pursue a master's degree in the UK, specifically an MBA program 2024 . I'd like to know how much money I should have on hand throughout the entire process, from obtaining the offer letter from the university to actually boarding my flight.... ( Ex:- tickets are involved or not or etc)
Hi Yash, There are many expenses to be incurred by the students in this entire process, like University application fee, Down payment of 2-3 Lacs to the university in order to receive CAS (Certificate of acceptance for studies), UK Visa fee, Air tickets, Health insurance, etc. But the expenses vary from applicant-applicant. However, all these expenses can be reimbursed after taking an educational loan. We assist students in securing the best education loan deal in the market. Kindly request a callback at bit.ly/48cTdcR, our team will get back to you soon.
Hi Akash, Yes! Case Western Reserve University accepts sanction letters from both banks and NBFCs for issuing the I-20 form. As you've decided your university, Reach out to us, we help students in getting the best education loan deal in the market. Request a call back at bit.ly/48cTdcR our team will get back to you shortly.
Hii ma'am I am applying in MIT University to USA. So you know that The MIT what must have students' account have average 500 dollars. So my question is that any bank can provide loan me before admission and visa ??
Hi, we can start the loan process but please note that banks will disburse your loan amount only when you get the admit letter from the University. However, if the University is asking you to fulfill a financial condition then we can help you get the Pre-Visa Disbursement from the Bank. For US visa, you need to get an i20 first. An i-20 is an immigration letter issued by the university to the embassy, indicating that the student is welcomed to study there. By showing proof of funds you can get the i20. In this case, we can help you by talking to the banks to issue an insolvency letter (Capability Letter). For complete guidance, request a callback at bit.ly/48cTdcR. Our loan team will get back to you soon.
Hi Malvika, Kindly note that it is very challenging to get an unsecured loan for overseas bachelors study. Banks require financially strong co-applicant. I hope you’ve understood.
Regardless of the field of study, securing a non-collateral loan for an undergraduate program can be quite challenging. However, if your co-applicant’s income meets the bank's eligibility criteria, we can certainly give it a try. Kindly reach out to us at bit.ly/48cTdcR by raising a callback request. One of our financial officers will get in touch with you shortly and help in getting the best education loan deal, matching your profile.
Hi, they will charge compound interest. You should’ve misunderstood. For complete guidance regarding your query, Kindly raise a callback request at bit.ly/48cTdcR. Our team will get get back to you soon.
Hi Azhar, We don’t suggest students to approach prodigy. The interests’ rate in prodigy is much higher compared to Indian banks after currency exchange rates. Prodigy Finance is a risky option as they disburse the next semester’s tuition fee based on your current semester’s performance. This is the reason for us not being partnered with prodigy. We highly suggest you to visit: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-YEcdfZ0bh1M.html for your better understanding. For complete guidance about prodigy, request a callback at bit.ly/48cTdcR. Our team will get back to you shortly.
Hi Mohit, Embassies and universities require language tests in order to assess a student's proficiency in the language. However, Banks don’t give education loans based on language tests like IELTS. But, if your university has a condition of getting a good band in IELTS then banks will not sanction your loan until you clear the condition. In this case, IELTS score is helping you to get an education loan. For complete guidance request a callback at bit.ly/48cTdcR . Our loan team will get back to you soon.
Hey! an In-principle sanction letter is enough to your visa interview as they only ask for proof of funds and not disbursement. If you are looking for an education loan Our team will help you check your eligibility with 15+ public and private banks and help you get best education loan which suits your profile. For help, please use this link to request a callback: bit.ly/48cTdcR
@wemakescholars Hi Ma'am, Can we visit wemakescholars Hyderabad office in person? What timings and date would be suitable if we can? Thanks for your videos.
Hey @tutankhamun696, we are glad that you’ve found our videos informative. If you'd like to visit our office for further assistance with your education loan, you're welcome to do so during weekdays. Please coordinate the day and timings with your assigned financial officer. You can raise a callback request at our website: bit.ly/48cTdcR , one of our financial officers will promptly get back to you to provide assistance and guidance throughout your education loan process.
Hi Kumar, write a mail to customer.support@jansamarth.in regarding the issue you’re facing. For further queries, request a callback at bit.ly/48cTdcR . Our team will get back to you soon.
I'm applying for UMD in college park..I actually don't know wether my University will accept loan sanction letter or not. Till now o really don't know aby this option.Kindly if you do know wether our University accepts or not please let me know.Because im struck at this phase.
Hey! The sanction letter issued by our partnered banks are accepted across various countries and universities. We have partnered up with 14+ public and private banks. You can reach us by raising a callback request at Please use this link to contact us: bit.ly/48cTdcR. Our team will get back to you shortly and help with your education loan process
Hi Vidya, by taking an education loan you will have a better edge of getting US visa. This assures the Visa officials that you’re genuinely going for your higher studies. And the main drawback of using your own funds is the TCS charges. There will be a 5% of TCS charges imposed on your own funds. However, if you take an education loan your TCS charges are just 0.5%. By this you can save a lot. Additionally, you or the co-applicant can claim the income tax exemption under section 80E. We can help you in getting the best education loan deal in the market as we’ve partnered up with 15+ public and private banks. Kindly request a callback at bit.ly/48cTdcR. Our loan team will get back to you soon.
I need an education loan for About 8,75,000 but my parents do not support my education and I have no other co applicant . Is it possible to get an education loan only on my name ????? I can provide all documents and stuff required from my parents side but they personally won't be involved. So pls help
Hi Simran, unfortunately, Banks require a co-applicant to process your loan application. Without a co-applicant, your file may not be processed by the banks. I hope you’ve understood.
Hello Mam we want unsecured education loan of 60 lakhs for mbbs private medical college our family annual income is more than 12 lakhs can you please help 🙄
Hi there, @anshman923. Its really a bonus that your family has more than 12 lakh annual income. But getting an education loan requires you to fulfill a number of requirements that banks evaluate. We encourage you to visit bit.ly/48cTdcR and submit a call back request. Our financial officer will reach out to you, analyze your profile, and guide you through obtaining the right education loan
