Across the world, over 5 million students preferred a foreign country over their home nation to study further in 2016. In India, more than 3,00,000 students picked foreign studies, making it the biggest source of international students right after China.
If my plan is to stay in the country where I study and repay my loan by earning in the same country, then wouldn’t international lender be a better option?
With Excellent Acedemic Record in GRE, B.Tech & School
With Aerospace Enngineering
With Good CIBIL Score of Parents
Poor Repayment Payment Status
No collatoral
If Indian institute or Bank will provide unsecured loan ?
What if my actual loan amount reduces?
For example, if i apply for a loan of 20 Lacs and it gets passed, however after the sanction i recieve confirmation for a partial scholarship which reduces the external finance ie loan need to 12 Lacs. What can me done in this scenario?
how many co applicant is required for non collateral loan for eg 16lac. And how much salary should be their of co applicant. Also who can become co applicant
Also, what is the scenario regarding early repayment in case of a secured/unsecured loan? and is it recommended to do so or should we use the entire tenure?
I have an overall 61% in my BE with 2 years of IT experience. Planning to take IELTS. Planning for MS (BA) in Australia. Is it possible to get around 45lac loan on a collateral worth 30lac ?
I need a loan to pursue a one year graduate diploma. post that i want to pursue masters as well. How should i apporach the finances for that. Obviously initially i will have to obtain a loan for the graduate diploma but what do i do post the completion of the same.
Would a good academic background, admit from a good university, good GRE and IELTS score help in getting a lower interest secured loan or do those factors do not come to play in a secured loan?
For non collateral, does cousins or friends are they eligible as co applicant or only blood relation family members are eligible?
Sorry i got too many questions coming one after the another.