Welcome to the viewing of the third episode of Loanflix Inshorts. This episode is going to address another pressing issue which has been on the minds of all students who have been trying to fund their higher studies with the help of an overseas education loan.
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
Government banks mostly require students to pledge different types of assets for an overseas education loan to study abroad. A major misconception of most of these students is that government banks do not accept housing loan property as collateral security for overseas education loan.
This episode demystifies one of the biggest notions about the abroad education loan process. So, do watch this episode of Loanflix Inshorts to know more about pledging a home loan property as collateral against an overseas education loan.
Do watch out for the next episode in the InShorts series. It will give you an idea of whether it is possible to name individuals without a stable income as co-applicants for overseas education loans.
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Timezone : (GMT+05:30) Chennai
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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.