FOREX Scam in Education Loan: Avoid the trap!

Foreign remittance scams are a reality for students studying abroad. This video reveals how banks and consultancies profit from your payments, the hidden tricks in the system, and how you can avoid them. A must-watch for anyone sending money abroad for tuition or living expenses.

The following are the timestamps from this episode 👇

00:00 - Teaser
00:55 - Introduction
02:08 - What is FOREX?
02:58 - Banks and NBFCs Forex process
04:18 - Best charges for FOREX
06:43 - Universities insisting a FOREX partner
08:11 - Biggest scam in FOREX
09:13 - Tax collection at Source (TCS) on foreign Remittance
11:00 - Conclusion

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Our team of financial officers assists you with your entire education loan process until sanction, disbursement, and beyond. All the services offered by WeMakeScholars are free of cost as this initiative is supported by the IT Ministry, Govt. of India.

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Here is a list of our must-watch from the Loanflix series

🔶SBI Education Loan without Collateral for Abroad Studies
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🔶SBI Education Loan for Abroad 2024 (Updated Terms)
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🔶7 things to know before taking an education loan
   • 7 things to know before taking an educatio...  

🔶How to apply for an Education Loan for Abroad
   • Education Loan Process Changed for 2024? C...  

🔶Vidya Lakshmi Education Loan Apply Online
   • Vidya Lakshmi Education Loan Apply Online  

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LinkedIn Reviews: / wemakescholars
Google Reviews: https://www.google.co.in/search?q=wem...,

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Since the first episode in 2018, the LoanFlix series has now become the most comprehensive web series on YouTube on the abroad education loan process. LoanFlix season 2 brings you deeper insights into the topics related to the Abroad Education Loans space.

We've also covered practically every aspect of an abroad education loan in our LoanFlix series, which you can find below. So do watch the entire series if you want to know everything about education loans for abroad studies.

🔶LoanFlix Season 1
   • Loanflix: The most comprehensive Web-serie...  

🔶LoanFlix Season 2
   • Loanflix Season 2  

🔶Country-wise Education Loan Guides
   • Country-wise Education Loan Guides  

🔶Testimonials- WeMakeScholars
   • Testimonials- WeMakeScholars  

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About the Presenter - Damini Mahajan is a visionary entrepreneur and co-founder of WeMakeScholars.com, an education finance start-up for international education. Damini has been mentioned as a "Top Women in Tech" by The Asian Entrepreneur. She has also been awarded as the winner of the Silicon Valley Challenge by Action for India 2016 and was in the Top 75 start-ups in Power of ideas by Economic Times at IIM Ahmedabad.

👉Script editor- Arjun R Krishna
👉Shot, Edited & Designs by Ravi Singh

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