Loan for Blocked Account to Study in Germany | Ep 27

Links to:
Checklist for a German national visa: https://india.diplo.de/blob/1862506/8...
Procedure for the Deutsche bank blocked account: https://www.deutsche-bank.de/pfb/data...
Sample application form for the Deutsche bank blocked account: https://gchronicle.files.wordpress.co...

LoanFlix season 2 brings you to the deeper insights of the Abroad Education Loans space. If you are planning to start your abroad education loan process, Request a callback at https://www.wemakescholars.com/study-...

Our team of Financial officers assists you with the entire education loan process until sanction, disbursement, and beyond. All the services offered by WeMakeScholars are free of cost as this initiative is supported by the IT Ministry, Govt. of India

We at WeMakeScholars focus on delivering international scholarships and get students connected with the best education loan lenders with professional guidance. We strive to make studying abroad easier and simpler than ever.

There is no denying that Germany is one of the cheapest countries to study in Europe for Indian students. It is because students who enroll in a public university in Germany do not have to worry about paying expensive tuition fees. German public universities have little to no tuition fees yet provide a wide range of courses, globally approved degrees, and top-notch staff and professors.

However, like few other countries, You are required to transfer money equivalent to one year's living expenses to Germany in advance before the Visa process. The German embassy asks the students to open a blocked account before they apply for the visa.

If you don't know what is Blocked account, why is it required? Don't worry, this video is just about that.

The following topics are elaborated in this episode

00:00 - Introduction
03:10 - What is a blocked account?
04:56 - How to arrange funds for the blocked account?
06:12 - A unique problem in getting education loan for Germany
07:27 - When should I apply for the loan
08:11 - Conclusion

Here is a list of our must watch from Loanfix Season 2. Loanflix is the most comprehensive web-series on abroad education loans. The motive is to empower students and their guardians so that they can take an informed decision about the education loan.
You will get a fresh episode of Season 2, on the 2nd and 4th Sunday of every month.

The titles of our previous episodes in this series and their links are as follows:

1. Germany Education Loan: Blocked Account & other details
   • #Germany #EducationLoan: Blocked Acco...  

2. Is university ranking important for Education Loan?
   • Is university ranking important for E...  


3. How are Collaterals valued for an Education Loan?
   • How are Collaterals valued for an Edu...  


4. How to accurately calculate EMI for education loan?
   • How to accurately calculate EMI for e...  


5 .Education Loan Transfer: How to transfer it for a better Rate of Interest?
   • Education Loan Transfer: How to trans...  


Other episodes can be found in the LoanFlix playlist @

1. Loanflix Season 1
   • Loanflix: The most comprehensive Web-...  

2. Loanflix Season 2
   • Loanflix Season 2  


3. Loanflix in Tamil
   • Loanflix in Tamil  


4. Loanflix in Hindi
   • Loanflix in Hindi  

5.Loanflix in Telugu
   • Loanflix in Telugu  

6. Loanflix Inshorts
   • Loanflix InShorts- Answering every ni...  

The topics discussed in the Loanflix web-series covered some of the most crucial topics in the education loan process. So Do watch the entire series if you want to know about this topic end-to-end.

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

Script editor - Arjun R Krishna
Shot, Edited & Directed by Sreeman Reddy
Designs - Malieka Muzaffar

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 the Top 75 start-ups in Power of ideas by Economic Times at IIM Ahmedabad.

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#BlockedAccount #StudyinGermany #EducationLoan