How important is your parent’s income when taking an education loan? If you are looking for an answer watch the video till the end. This video explicitly focuses on clarifying the options that banks consider about your father’s or your family’s income and which options they don’t.

The following are the timestamps from this episode

00:00 Teaser
00:31 Introduction
01:20 Income norms in Government banks
02:54 Income Norms for NBFCs
03:32 Income Norms in Private Banks
04:03 What are FOIR norms?
04:49 Effect of existing loans of your parents
06:00 Special conditions for waiver of Parents' income
07:12 Conclusion

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If you’re a student looking for assistance in your education loan process then request a callback by clicking the link below
https://www.wemakescholars.com/study...

Our team of financial officers assists you with your 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.

Job update And also do not lose on an amazing opportunity to work in a startup that is growing 2x times The links below include information on the roles we are looking for. Do apply if you’re looking for a Job or feel free to share it with a friend who is.

https://www.wemakescholars.com/hiring

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Here is a list of our mustwatch from Loanfix Hindi. The titles of our previous episodes in this series and their links are as follows:

Collateral Education Loan for Abroad studies
   • #Collateral #EducationLoan for Abroad...  

Secured vs Unsecured Education Loan for #Abroad
   • #Secured vs #Unsecured #EducationLoan...  

Stepbystep process of applying for Unsecured Education Loan
   • Stepbystep process of applying for ...  

Education Loan Disbursement Process
   • #EducationLoan #Disbursement Process ...  

Income taxexemption from an Education Loan : Section80E
   • Income taxexemption from an #Educati...  

The motive behind our effort is to empower students and their guardians to help them make an informed decision while taking an education loan.

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Since the first episode in 2018, the LoanFlix series has now become the most comprehensive web series on YouTube on the abroad education loan process. LoanFlix Hindi brings you deeper insights into the topics related to the Abroad Education Loans space in Hindi.

We've also covered practically every aspect of an abroad education loan in our LoanFlix series, which you can find below. So do watch the entire series if you want to know everything about education loans for abroad studies.

LoanFlix in Hindi
   • Loanflix in Hindi  

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

LoanFlix Season 2
   • Loanflix Season 2  

Countrywise Education Loan Guides
   • Countrywise Education Loan Guides  

Testimonials WeMakeScholars
   • Testimonials WeMakeScholars  

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About the Presenter Pragya is the Social Media Manager and heads the content team at WeMakeScholars, an education finance startup for International & Indian education. She holds a Diploma in Creative Marketing Management and has a professional background as a copywriter & Business developer for clients abroad/India.

Script editor Arjun R Krishna
Shot, Edited & Directed by Ravi Singh
Designs Ravi Singh

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#studyabroad #educationloan #hindi #income