Collateral loans vs Non-collateral loans: Pros and Cons

Collateral loans vs Non-collateral loans: Pros and Cons

Free

Event Description

PLEASE NOTE: This is a webinar scheduled to happen online. Students from any location can take part.

This session is going to answer the tough question of whether to choose a collateral loan from a Public sector bank or non-collateral loan from Private bank / NBFC. Some of you may not have collateral at all which means a non-collateral loan is your only option, but the major percentage of you are the people who have collateral or can arrange collateral but still confused.

In this session, the speaker will share insights on how non-collateral and collateral options vary on following parameters

  1. Rate of interest 
  2. Processing fee
  3. Loan insurance
  4. Others (Forex, etc.)

NOTE: WeMakeScholars is an organization supported by the IT Ministry, Govt of India. Our motive is to offer unbiased education loan support to students who are planning for studying abroad. Many webinars/ events are organized by us to spread awareness among students about International finance. We see to it that every student/ parent takes an informed decision with regards to their abroad education finance. As this initiative is under the Digital India campaign, it's at free of cost. We are associated with 14+ banks (Public/ Pvt/ NBFC) in India and help you get the best abroad education loan matching your profile. They can offer both secured (with collateral) or unsecured (without collateral). Request a callback to know more.

Date And Time

Timezone : (GMT+05:30) Chennai

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Speakers

Damini Mahajan

Damini Mahajan
CoFounder & CEO, WeMakeScholars 

Damini is the Cofounder & CEO of WeMakeScholars.com. It’s a BITS start up supported and funded under the IT Ministry, Govt. of India. The organisation’s motive is to offer unbiased collateral/non-collateral based education loan support to students who are planning for studying abroad. As this initiative is under the digital India campaign, it's at free of cost. WMS works with 14+ banks (public/pvt) in India and help you get the best edu loan matching your profile.

Prior to launching WeMakeScholars, Damini had done her masters from the University of Sheffield, UK. Her education was funded under the Developing Solutions Masters Scholarship which covered her full tuition fee ($ 38,000). Damini is also a gold medalist in her Bachelors and also won the outstanding student award from the Vice president of India. 

She was the speaker at TiECon 2016 at Silicon valley, San Francisco in the social entrepreneurship segment. She was also covered in the Asian Entrepreneur magazine in the “Women on Top in Tech”, a global series of Women Founders, CEOs & Leaders in Tech. 

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