HOW TO APPLY FOR EDUCATION LOAN TO STUDY ABROAD

HOW TO APPLY FOR EDUCATION LOAN TO STUDY ABROAD

Looking for ways to study abroad? Worried about the funding? We know that study abroad costs great. So, to seek financial aid for your higher studies you can apply for an education loan. Isn’t it a great idea? The education loans are convenient enough to make you tension-free. You can concentrate on your studies and your career without panicking about the finances. So, in this article, we will talk about how you can apply for an education loan to study abroad.

Getting an education loan in India is not too difficult a process.

The banks and organizations that offer education loans are

 

 

LOAN PROVIDERS INTEREST RATE PER ANNUM LOAN AMOUNT PROCESSING FEES
SBI 6.85% to 8.65% Up to Rs.1.5 crore Rs.10,000 + tax
Axis 13.70% to 15.20% Up to 7.5 Lakh Nil to Rs.15,000 + tax
Bank of Baroda 6.75% to 9.85% Up to 4 Lakh and above 1% of the loan amount up to Rs.10,000
HDFC 9.40% to 13.34% Max Apr Up to 1.5% of loan amount + tax
Tata Capital 10.99% onwards Up to 30 Lakh Up to 2.75% of loan amount + tax
Union Bank of India 6.80% to 10.05% Need-based finance Nil for Indian students 0.50% of loan amount + GST for NRI students
Bank of India 9.05% to 9.85% For courses in India: Up to Rs.10 lakh

For courses abroad: Up to Rs.20 lakh

Nil for courses in India Rs.5,000 + other fees for study abroad
Kotak Mahindra Bank Up to 16% For courses in India: Up to Rs.10 lakh

For courses abroad: Up to Rs.20 lakh

ICICI Bank 10.50% onwards For courses in India: Up to Rs.50 lakh

For courses abroad: Up to Rs.1 crore

Federal Bank 10.05% onwards For courses in India: Up to Rs.10 lakh

For courses abroad: Up to Rs.20 lakh

For Any Information Call 9932625163/8001192800 or Submit the Form Below


ELIGIBILITY CRITERIA OF LOAN SEEKERS:

 

You need to make sure that you meet the eligibility requirements. The students need to meet these requirements to be granted a loan

 

  • The applicant should be a citizen of India.
  • he/she must have attained the age of 18. Otherwise, his/her parents can take the loan.
  • The student must have a good academic background.
  • The applicant must have secured admission to a recognized foreign university/institution/college.

THE IMPORTANT DOCUMENTS REQUIRED ARE:

  • Filled up the application form
  • Passport size photographs of the applicant and the co-applicant.
  • Photo ID: Photo ID of the applicant and the co-applicant.
  • Resident proof of the applicant and the co-applicant
  • Academic documents:
  • Mark sheet and certificates of the applicant
  • Mark sheet (Score Report) of GRE, GMAT, TOEFL, IELTS, etc.
  • Admission letter shared by the university or college.
  • Bank statements of last six months bank statements of the co-applicant
  • Income proof of the co-applicant
  • In the case of collateral (immovable property), it can be flat, home, or non-agriculture land the following documents are required:
  1. Property title deed
  2. Building approved plan
  3. NOC for a mortgage from a builder or society

 

For Admission Related Enquiry Please Call or WhatsApp: +91-9932-625-163

Students Helpdesk Call: +91-9614-910-910

 

THE PROCES SOF GETTIG AN EDUCATION LOAN

The process of getting a loan is not difficult. There are steps which you can follow.

  • Check whether the course which you are going to study is recognized by the banks or not.
  • Decide the loan amount you require.
  • After finalizing the bank and the loan amount, fill the loan application form
  • If your loan is approved, the bank will issue a loan document
  • After signing the loan document, the bank will disburse the amount in installments or as asked by the college/university.

I hope you now have a good idea of how to apply for an education loan. Follow the necessary steps to apply for an education loan. Get your education loan granted today and study abroad.

 

Admission Related Enquiry Please Call: +91-9614-910-910

How To Crack FMGE Exam In First Attempt?

FMGE exam

HOW TO CRACK FMGE EXAM ON THE FIRST ATTEMPT?

Hello! Preparing for your upcoming FMGE exam? Having confusions? How to crack the exam on your first attempt? We know, these questions might bother you. So, we are here to guide you to Prepare Flawlessly for your FMGE exam.FMGE is a bit difficult to crack on the very first attempt. Over the years, the difficulty level has increased. You can go for only 3 attempts. But, you need not worry, dear students. We promise to show you the path to your success. If you follow certain rules and necessary steps, no one can stop you from cracking FMGE. Let’s go directly to the topic. We will show you effective ways for cracking the exam.

KNOW YOUR SYLLABUS WELL:

You must know your syllabus fully. There is no room for negligence. Unless you prepare flawlessly, how can you expect good scores? Pay equal attention and time for all the areas of study. If you don’t plan well, you cannot expect good results. Start preparing for FMGE when you are in the 1st or 2nd year of your MBBS. Avoid last-minute hassles. You must start early to reach your goal early. Make a study plan. If you cannot determine it, then you can take help from anyone else. Studying in a systematic manner will help you crack FMGE in your very first attempt.

For Any Information Call 9932625163/8001192800 or Submit the Form Below


DEVELOP YOUR WEAKER AREAS:

Find out those areas of the syllabus in which you are not prepared well. Most of the students avoid such areas. They do not emphasize the weaker areas. But this is the foremost thing to do. Pay more attention to those areas and strengthen your knowledge. Do not skip any single topic. Take time for preparation. Use images, figures, diagrams, flowchart so that they can help you understand the topics better. You will be able to memorize things for a long time.

REVISE AND REVISE:

There is no substitute for revision. When you complete a chapter or a topic, manage your time for revision. If you don’t revise your topics regularly, you will tend to forget them easily. Try to build a relationship between subjects. For example, you can study anatomy with physiology. It will strengthen your knowledge.

DO NOT USE MULTIPLE RESOURCES:

Do not use too many resources to study. It won’t help you. It will rather confuse you. Use standard textbooks like Harrison, Robins, Gray’s, Ganong, Harper, Goodman & Gilman, Paniker, Parson, Baily & Love, etc. Unless you study well your topics, do not depend on an MCQ book. It will rather bother you. You can use question banks. Look for what works best for you.

Students Helpdesk Call: +91-9614-910-910

PRACTISE MCQS:

Not only for FMGE but for other objective-type exams you have to practice MCQs. Regular practice from reliable sources will hike your capabilities. Time management is another important factor here. Practicing questions will make you learn how to manage time well during exams. If you fail in time management, the outcome won’t be good, right? Figure out the wrong answers you gave. Memorize the answers. If you keep any questions unanswered, look for the answer in the books. You can also find it online. However, practice makes a man perfect. Attempting higher numbers of questions will help you score better.

MOCK TESTS:

Mock tests are great helping hands for students. Check your performance by attempting the mock tests. There are apps and websites which allow you to sit for mock tests. They will evaluate your test. In this way, you can keep a record of your academic progress. Also, mock tests will help you with time management.

For Admission Related Enquiry Please Call or WhatsApp: +91-9932-625-163

Students Helpdesk Call: +91-9614-910-910

 

COACHING:

Taking guidance from professionals is always appreciated. If you face difficulties or confusion while preparing on your own, you can surely join a reputed coaching center. They will suggest you good study materials. You can also avail of regular mock tests. The expert educators will help you out resolve your doubts. The coaching centers offer a more systematic study plan that can help you crack FMGE in your first attempt.

So, dear would-be doctors, was this helpful? We know how much you prioritize the FMGE exam. This determines your future prospects. But, you need not worry dear ones. Just follow these steps and find out what else works best for you. Whether you go to any coaching institute or not doesn’t matter. You need to follow these general guidelines if you aspire to crack FMGE in your first attempt. Wish you all the very best for your upcoming exams.

Government Scholarship For Indian Minority Students

minority scholarship

India is a great country with a large diversity e off of people. There are some minority
communities in India .the minority communities in India include Muslims, Sikhs, former,
Christians, Buddhists, Parsis, and Jains. These communities are declared as minorities under
section 2 C of the National Commission for minorities act 1992. The Government of India and
the state governments have been providing financial aid to the students who belong to the
minority communities in India. Students belonging to the minority communities can get
financial aid from the central and the state governments for their education. This financial
aid was launched to compensate the minorities for the exploitation they suffered for ages. So,
today we will discuss the scholarships that the minority students can avail themselves to
complete their education. let’s just move To the topic.

Ministry of Minority affairs Launched three scholarship schemes for minority students. These
are pre-Matric Scholarship scheme for minorities, Post Matric Scholarship scheme, merit
cum means scholarship for professional and Technical courses CS. So, we will discuss briefly
these schemes.

Pre Matric Scholarship:

It was launched in 2006. This scholarship is given to two students from class 1 to 2 class 10.
Students from both Government and private schools can apply for this. The state governments
and the UT administration look into the scholarship program. A total of 3000000 scholarships
to be distributed as fresh scholarships.

Eligibility criteria:

Students must have scored at least 50% in the previous final exam. The annual family income
must not exceed 1 lakh rupees.

let’s look at some important factors of this program.

#1. Scholarship must not be given to more than two students in a family.

#2. A student can be eligible for only one scholarship among the multiple scholarship
programs available for reserved categories.

#3. For the scholarship amount, please visit the online portal of the Ministry of Minority
affairs.

For Any Information Call 9932625163/8001192800 or Submit the Form Below


Post Matric Scholarship:

It was also launched in 2006 by the Prime Minister of India. It will also cover technical and
vocational courses in Industrial Training Institutes/ Industrial Training Centres affiliated
with the National Council for Vocational Training (NCVT) of classes XI and XII level
including Polytechnics and other courses.

Eligibility criteria:

Students must have scored at least 50% in the previous final exam. The
annual family income must not exceed 2 lakh rupees.

There are some important factors about this program.

#1. 30% of the scholarship is earmarked for the girl students.
#2. For admission and tuition fees the students will be given 7000 Rupees per annum.
#3. the students will also be given a maintenance allowance

For Admission Related Enquiry Please Call or WhatsApp: +91-9932-625-163

Students Helpdesk Call: +91-9614-910-910

Merit Cum Means Based Scholarship:

This scholarship is available for the poor and meritorious students belonging to minority
communities. 60000 scholarships are targeted to be distributed as fresh scholarships.

Eligibility criteria:

students must have to score at least 50% in the previous final exam. The annual family
income must not exceed 2.5 lakh rupees.

Let’s see the important facts.

#1. 30% of the scholarship is earmarked for girls
#2. 20000 rupees per annum are given to students.
#3. The full course fee is reimbursed for 85 listed Institutes.

All these scholarships for minority students can be renewed for the next academic year.

There are some other scholarship programs available for minority students. We will talk about
the most important and effective ones.

NAI ROSHNI Scheme :

The scheme is launched for the leadership development of minority women. The objective of
the program is to empower minority women including their neighbors From other
communities living in the same locality.

Eligible organizations:

Some organizations can apply for this financial aid on behalf of eligible women. These
organizations are

(i) Society registered under the Societies Registration Act, 1860.

(ii) Public Trust registered under any law for the time being in force.

(iii) Private limited non-profit company registered under Section 25 of the Indian Companies
Act, 1956.

(iv) Universities/ Institutions of higher learning recognized by University Grants Commission
(UGC).

(v) Training institutes of Central and State Government/UT Administration including
Panchayati Raj Training institutes.

(vi) Duly registered Cooperative Societies of Women/ Self Help Groups.

Eligible women can get two types of training — non-residential leadership development
training in the village/ urban locality and residential leadership development training.

Please visit the online portal of the Ministry of Minority Affairs for more details.

So, dear students, now you have a clear idea of the scholarships given to minority students in
India. We tried to cover the important programs that can be of great help to you. Scholarships
are a great way to get an education without financial struggle. The programs are designed to
serve this purpose. Once you get a scholarship, you can fully focus on your studies instead of
worrying about the fundings.

Admission Related Enquiry Please Call: +91-9614-910-910

How To Get Scholarship To Study MBBS In Abroad

scholarship for study abroad

Studying MBBS abroad is the dream of many students. Are you one of them? Studying abroad can be little expensive. So the students require sponsorship. Besides, many students aspire to get a scholarship while going to study abroad. How to get scholarship to study MBBS abroad is a matter of confusion. We can show you how can you avail scholarship in this article.

HOW TO GET SCHOLARSHIP TO STUDY MBBS IN ABROAD FOR INDIAN STUDENTS

Apart from educational organizations there are some other companies in India that can provide you scholarship. The government of India too bestows scholarships on deserving students. Some points must be given emphasis to such as eligibility criteria, amount of scholarship, period of scholarship, available options for sponsorship etc.

Getting a full scholarship depends on some factors. You need to have a good score in your 12 standard. Good score in NEET is also very important here. The more you score, the more u deserve the scholarship.

THERE ARE SOME MEDICAL COLLEGES ABROAD THAT OFFER SCHOLARSHIP TO INTERNATIONAL STUDENTS

  • Indian students who wish to study MBBS in Russia can get an interest scholarship. But, the medium of teaching will be Russian. There is little chance of getting education in English there.
  • Those who want to study MBBS in Ukraine, can avail scholarships.
  • The Universities Transatlantic Exchange association (BUTEX) Provides aspirants with scholarships of approximately 46,000INR. The student must be studying at a member university in the UK.
  • AFPHM John Snow Scholarship is offered to MBBS students from accredited medical schools and universities in Australia and new Zealand. This scholarship is given by The Royal Australian college of Physicians.
  • University of Auckland has a scholarship program for international and domestic students studying MBBS in their institution. Students from PG can also avail this scholarship.
  • Imperial College London Faculty of Medicine offers a range of scholarships to students of MBBS or Bsc in medicine.
  • Applications are available now for international students to study MBBS in Malaysia.
  • Medical universities in Bulgaria such as The medical university of Pleven, The medical university of Varna are open to students from overseas. They can get scholarships based on their merits.

INDIAN GOVERNMENT SCHOLARSHIP PROGRAM FOR STUDYING ABROAD:

The government of India has a group of scholarship programmes for students who aspire to study medicine in abroad. You must check the Indian govt. Scholarship portal for detailed information.

EDUCATION LOAN:

In case you are either not eligible or didn’t get any scholarship, you can apply for education loan. Many private banks allot loans for international students.

ELIGIBILITY CRITERIA TO APPLY FOR EDUCATION LOAN:

Indian banks need applicants to match the following eligibility criteria

  • The applicant must be a citizen of India
  • The applicant must be adult. Otherwise, the parents have to take the loan
  • Good academic scores
  • Admitted to a recognized foreign medical college

DOCUMENTS ARE NECESSARY FOR GETTING A LOAN:

You need to have all of these documents before you apply for an education loan

  • Marksheets and other academic certificates
  • Residence proof
  • Photo id of the applicant and co applicant
  • Proof of admission to the medical college in abroad
  • Income proof
  • Bank statement of last 6months of the co applicant
  • In case of collateral debt, you need to produce the property title deed, building plan and No objection Certificate from the builder or society

Detailed information about the particular scholarship programmes is available on the portal of the concerned authorities. Our objective is to find best paths for you to attain a scholarship. Hope with the above mentioned facts will help you proceed further. So, how to get scholarship to study MBBS in abroad doesn’t seem that confusing right?