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Is your Family's

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. Do you think your parent’s income is sufficient enough for banks to approve 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. In this video, you will acknowledge the concept called FOIR which is Fixed obligation to Income Ratio. Through this, you can learn about the requirements of the income demanded by banks and how much of an income they actually need. So don’t forget to stay tuned and watch the video till the end to gain deeper insights on the subject. With that, here’s a quick overview of what’s in the video. The following topics are elaborated in this episode : 00:00 - Introduction 01:45 - Income norms in Government banks 02:59 - Income Norms for NBFCs 03:28 - Income Norms in Private Banks 05:05 - Effect of existing loans of your parents 06:12 - Special conditions for waiver of Parents income 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. USD vs INR Education Loan, Which is expensive? Prodigy Finance vs Indian Bank    • Education loan from USD lenders vs In...   2. How are Collaterals valued for an Education Loan?    • How are Collaterals valued for an Edu...   3. How to accurately calculate EMI for education loan?    • How to accurately calculate EMI for e...   4. How the New Tax on Foreign Remittance Affects Your Education Loan? All you need to know    • How the New Tax on Foreign Remittance...   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- 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 the Top 75 start-ups in Power of ideas by Economic Times at IIM Ahmedabad. Stay connected to know more: - Like us on Facebook -   / wemakescholars   - Follow us on Twitter -   / wemakescholars   - Follow and tag us on Instagram -   / wemakescholars   - Follow us on Linked in-   / wemakescholars-com   - Contact us at [email protected] #Educationloan #Loanflix #WeMakeScholars