#EducationLoan

This 29th episode will give you a broad idea about the education loan repayment process in India. For assistance on your education loan, request a call back @ https://www.wemakescholars.com/study-...

Our Financial officer will get back to you and assist you until the sanction. All the services offered by WeMakeScholars are free of cost as this initiative is supported by the IT Ministry, Govt. of India.

Education loan repayment is on everyone’s minds. However, very few candidates are well aware of the education loan repayment rules of different types of lenders. With this episode, we aim to provide you with the correct information about the entire student loan repayment process followed by both government banks as well as NBFCs.

The education loan repayment rules of many lenders vary depending on the nature of education loans provided by them. Both government banks and NBFCs follow different education loan repayment process. In this episode, our expert on abroad education loans has bifurcated the education loan repayment process into two different categories. One with respect to government banks and the other with respect to NBFCs. The episode covers the following talking points.

Repayment holiday in the education loan repayment process (1:33)
Education loan repayment policy of government banks: When to begin the repayment process? (2:24)
Education loan repayment of NBFCs: When to begin the loan repayment process? (4:23)
How does the exact education loan repayment process work? (6:20)
What is the ideal tenure for education loan repayment? (6:44)

Loanflix is the most comprehensive web-series on abroad education loans. The motive is to empower students and their guardians so that they can take an informed decision about the education loan. The titles of our previous episodes in this series and their links are as follows:

#1. Introduction to study abroad education loan - http://y2u.be/-TJ0XCrL0dw

#2. Secured education loans -    • Collateral #EducationLoan for Abroad studi...  

#3. Abroad Education Loan without collateral -    • Abroad #EducationLoan without collateral |...  

#4. Documents for Education loan - http://y2u.be/5PtpYVQ7Oo8

#5. SBI education loan for abroad studies -    • #SBI Education Loan for Abroad Studies | E...  

#6. SBI Education Loan- Documents, Process & Timeline -    • #SBI #EducationLoan: Documents, Process & ...  

#7. Bank of Baroda Education Loan for abroad studies -    • BOB Abroad Education Loan - All details fo...  

#8. Education loans from Government Banks, Issues and solutions -    • #EducationLoans from Government Banks- Iss...  

#9. Unsecured education loan from NBFCs - An overview -    • #Unsecured #EducationLoan -Interest rates,...  

#10. International student loan: Prodigy finance student loan & MPower finance (Part 1) -    • International #StudentLoan: #ProdigyFinanc...  

10. International student loan: Prodigy finance foreign education loan & MPower finance (Part 2) -    • International Student Loan: MPower & #Prod...  

#11. Education loan for abroad: Public banks Vs. Private Banks/NBFCs -
   • #EducationLoan for abroad: #PublicBanks vs...  

#12. Education loan interest rate: Simple or Compound? -    • #EducationLoan #InterestRate: Simple or Co...  

Other episodes up to 28th one can be found in the Loanflix playlist @
   • Loanflix: The most comprehensive Web-serie...  

By the end of this episode, you will get the complete idea of all aspects of the education loan repayment process of the various lenders in India. The next episode will tell you all about the documentation procedure for non-collateral education loans. Do not forget to subscribe to our channel so that you don’t miss out on the notifications about future Loanflix episodes.

Please subscribe to our channel for more such informative videos. Also, do like and share it with your friends. Good luck!

Script editor- Arjun R Krishna
Shot, Edited & Directed by Sreeman Reddy

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 "Top Women in Tech" by The Asian Entrepreneur. She has also been awarded as the winner of Silicon Valley Challenge by Action for India 2016 and was in Top 75 start-ups in the Power of ideas by Economic Times at IIM Ahmedabad.