Get your passport ready to fly abroad for studies

Mr.Roy’s daughter has always been a gem in academics, securing a brilliant percentage in her graduation exams was expected. As soon as she completed her graduation, Mr. Roy without wasting a single day grabbed his laptop and combed through the aggregator sites to find the suitable financer who could cater to his need. He wanted to give his daughter the best of everything, especially in case of her academics he won’t compromise with anything. He knew that her daughter would get the best education if he could send her abroad to compete with the world, while learning. She could develop herself as a global citizen without any boundaries. To help her daughter to utilize her talent, he decided to get Educational Loan For Abroad Studies for her daughter’s higher studies.

The financer he chose provided them certain benefits of:

• 100% tuition fee disbursement without any upper limit.
• Easy documentation for loan process.
• He could apply online.
• The financers provided flexible repayment options.
• Competitive interest rates.

His daughter was the borrower and he was the co-applicant, they went for a bridge loan that provided funds to his daughter for exam preparation classes, entrance exam fees and total course fees along with the accommodation charges & other education expenses. They applied for the education loan together, after submitting the required documents the financers scrutinized the papers for verification. Once the documents were verified their loan was approved within a week.

The financer provided her the certificate of availability of funds which was required for her admission in the abroad institute in USA. Portion of her travel expenses was also covered by the loan.

She got concession in the interest rate, because her financer provided less interest rate to female candidates. Her interest came down further because of her praiseworthy academic career and the financer didn’t take any security deposit in order to appreciate her merit. So she got the overseas study loan at low interest without any security for the exact required amount without any margin money.

Mr. Roy decided to start repaying the step-up EMIs after the first installment of the study loan of her daughter as the loan amount was huge. His daughter also helped him to serve the loan with her part-time job income. After completing her course, she could grab a good job and the EMI amount increased with her increment in income. Mr. Roy no longer has to pay the debt; her daughter is now efficient enough to pay off her debt and help her father.

The financers understood the financial hurdle of the Roy family and provided them the study loans on time. With the help of the education loan Ms. Roy could pursue her higher studies without giving up on her dreams and her father’s expectations. Mr. Roy’s stable job and good credit scores helped him to get a good non banking finance company as the financer, who supported his daughter to break the stereotype and go abroad for higher studies.

Hi, I am Anaya shroff is working with Education loan comapny as adviser owing good knowledge of loans policies such as study loan, study in usa,, overseas education loan so on.