Education Loan Co applicant Requirements: Are NRIs Accepted as Co-applicants?

Education Loan Co applicant Requirements: Are NRIs Accepted as Co-applicants?


Event Description

Welcome to the viewing of the 5th episode of Loanflix Inshorts. This episode will enlighten you about the education loan co applicant requirements expected of NRI co applicants.

Loanflix InShorts is a series of really small duration, three-minute episodes which cover some of the basic, common terms involved in the abroad education loan process. The major aim behind introducing Loanflix InShorts is to provide knowledge of the education loan process at a deeper level, thus enabling you to have a hassle-free experience.

The previous episode of Loanflix Inshorts clarified whether it was possible for students to name individuals without any stable finances as education loan co applicants. This episode will tell you all about the education loan co applicant requirements which have to be fulfilled by students if they plan on naming an NRI as a co applicant.

This episode elaborates on how to go about the abroad education loan process if your co applicant is an NRI and what are the formalities to be completed for the same.

Do stay tuned for the next episode which will elaborate on the disbursement of living expenses if you have borrowed an education loan to fund your higher education abroad.


Date And Time

Timezone : (GMT+05:30) Chennai



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Damini Mahajan

Damini Mahajan
CoFounder & CEO, WeMakeScholars 

Damini is the Cofounder & CEO of 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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