#EducationLoan

“Education Loan Disbursement Process - Explained" is the 10th episode from the webseries "Loanflix in Hindi" by WeMakeScholars. If you are planning to start your abroad education loan process @ https://www.wemakescholars.com/study-...

Our Financial officer will get back to you and assist you until the sanction. All the services offered by WeMakeScholars are free of cost as this initiative is supported by the IT Ministry, Govt. of India.

Loan disbursement essentially refers to the final phase of the abroad education loan process, when banks transfer the education loan to the students. However, the process is a little extensive than you think.

The loan disbursement process is not exactly a cakewalk for those who are not aware of the various steps involved in the process. The entire loan disbursement process takes place in different phases. This 28th episode of YouTube will tell you all about what a loan disbursement letter is, why it is important to the entire loan disbursement process, how long the loan disbursement time takes, how banks conduct the disbursement of loan to the loan applicants, etc. The entire loan disbursement process is explained in two terms - How government banks disburse the loan amount and how NBFCs do it.

The major talking points of this episode are :
0:00 - Intro
4:17 - Tuition Fee disbursement
4:47 - Tuition Fee disbursement to Flywire or Global Pay
6:28 - Living expenses - Food, Accommodation, disbursement
7:39 - Reimbursement of paid expenses
8:07 - Money for miscellaneous expenses
9:35 - Disbursement in NBFCs
10:18 - Jugaad

Hope you all found this episode useful. As you all know, we'll be making this an in-depth series on education loans covering each and every topic.

Watch the other Episodes of LoanFlix in Hindi :

#1.Study Abroad Education Loan: All you need -    • Education Loan Kaise milta hai Hindi ...  

#2. Collateral based Education Loan for Abroad studies -    • #Collateral #EducationLoan for Abroad...  

#3. Foreign Education Loan bina collateral ke -    • #Foreign #EducationLoan bina #collate...  

#4. Documents required for abroad Education loan with Collateral -    • #Documents required for abroad #Educa...  

#5. SBI Education Loan for Abroad Studies- Must know basics -    • SBI Abroad Education Loan  in Hindi- ...  

#6. Bank of Baroda Education Loan schemes : Explained -    • BOB Education Loan for Abroad Studies...  

#7. Secured vs Unsecured Education Loan for #Abroad : Explained -    • #Secured vs #Unsecured #EducationLoan...  

#8. EducationLoan Interest Rate Simple or compound: Are most of the lenders fooling you?
-    • #EducationLoan #InterestRate Simple o...  

#9. Income tax-exemption from an Education Loan : Section 80E -    • Income tax-exemption from an #Educati...  

Watch the episodes of LoanFlix in English :

#1. Introduction to study abroad education loan - http://y2u.be/-TJ0XCrL0dw

#2. Secured education loans -    • Collateral #EducationLoan for Abroad ...  

#3. Abroad Education Loan without collateral -    • Abroad #EducationLoan without collate...  

#4. Documents for Education loan - http://y2u.be/5PtpYVQ7Oo8

#5. SBI education loan for abroad studies -    • #SBI Education Loan for Abroad Studie...  

#6. SBI Education Loan- Documents, Process & Timeline -    • #SBI #EducationLoan: Documents, Proce...  

#7. Bank of Baroda Education Loan for abroad studies -    • BOB Abroad Education Loan - All detai...  

#8. Education loans from Government Banks, Issues and solutions -    • #EducationLoans from Government Banks...  

#9. Unsecured education loan from NBFCs - An overview -    • #Unsecured #EducationLoan -Interest r...  

#10. International student loan: Prodigy finance student loan & MPower finance (Part 1) -    • International #StudentLoan: #ProdigyF...  

Other episodes up to the 40th one can be found in the Loanflix playlist @
   • Loanflix: The most comprehensive Web-...  

At WeMakeScholars, our team understands our students’ needs and helps them navigate through their abroad education loan process accordingly.

Please subscribe to our channel for more such informative videos. Also, do like and share it with your friends. Good luck!

Script editor- Arjun R Krishna
Shot, Edited & Directed by Sreeman Reddy
Designs- Anandu Sreenivas

About the Presenter - Damini Mahajan is a visionary entrepreneur and co-founder of WeMakeScholars.com, an education finance start-up for international education. Damini has been mentioned as "Top Women in Tech" by The Asian Entrepreneur. She has also been awarded as the winner of Silicon Valley Challenge by Action for India 2016 and was in Top 75 start-ups in the Power of ideas by Economic Times at IIM Ahmedabad.

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