When to Apply For a Study Abroad Education Loan in India?

When to Apply For a Study Abroad Education Loan in India?


Event Description

Welcome to the viewing of episode 15 of Loanflix Inshorts. This episode will give you sufficient information about the exact time to apply for a study abroad education loan in India. 

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.

As promised, we are here with the latest episode of Loanflix Inshorts. This episode will explain one of the stepping stones to getting your education loan in India for abroad studies, in time. Today’s episode highlights the various factors which are responsible for a delay in the sanction of an abroad education loan in India. These factors are listed below. You may also find the video to the latest Inshorts episode, embedded at the end of this description.


Factors responsible for delays in getting a student loan for abroad from government banks in India

In the beginning of the episode, the speaker, Ms Damini Mahajan, addresses one of the primary concerns of students who apply for a student loan for abroad studies from government banks in India: getting their abroad education loan sanctioned on time. You will get to know of the various factors that contribute to this delay in the beginning of this episode.


Factors responsible for the delays in getting an unsecured abroad education loan in India

As you move ahead, you will get to know of the different reasons that could affect your unsecured education loan for abroad studies. 


Best time to begin the education loan for abroad studies process

Finally, Damini discusses the estimated timeline which students need to keep in mind while applying for an abroad education loan in India, irrespective of the lenders. 

This point marks the end of the episode. Do keep a lookout for updates regarding the latest episodes of Loanflix Inshorts.


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 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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