Education Loan Assistance with Us
Education loan is something that remains a cause of concern for students who want to pursue their education abroad. Due to our partnerships with leaders in the banking industry we help applicants in securing loan at very decent prices with low interest rates.
Studying abroad is always costlier but noting matches the high-quality education and standard of living students will receive once they move abroad. Visawebs is always at help when it comes to education as we believe no student should be left behind with his/her dreams. We help in securing the best education loan for students. With us studying abroad is made simple and hassle-free.
A systematic Procedure to ensure an education loan
Taking a loan is a lengthy process and needs so much paperwork and proper verification. We provide well tailored solutions that work best in terms of securing education loans from the bank. With us taking a loan is easy as we have simplified our helping process with these given steps:
We help to choose the right bank based on applicant’s resources and preferences. We inform students about the available interest rates, the total cost over EMI, tax benefits, defaults, and extensions etc.
Get a letter of acceptance from the respective university or college from the admission office. This is a mandatory requirement for securing a loan.
We inform students how much loan they should take from the bank and how much they will have to show for their visa application.
After the bank loan is finalized we help students to submit their documents like ID proof, letter of admission security, and indemnity documents. We review all documents and submit them when time comes.
We book the visa appointment on behalf of the student once the loan amount is disbursed and submitted to the institution.
How to apply for an Education Loan
- Fill the application form
Students are required to fill the education loan form from a specific bank they choose.
- Sit for the interview
The bank calls the student to ask questions related to academic core, future plans, institutes, future scope etc.
- Documentation
You need to provide the admission offer of the institution you wish to pursue your education from.
- Loan approval
Before sanctioning the loan the bank goes through the credit history to ensure safety of repayment.
Eligibility for applying for Education Loan
Know your eligibility for applying for education loan assistance.
Here are the things that you need to apply for education loan assistance:
- The candidate must have applied and must have an offer for admission at a recognized institute located in chosen country for a full-time course.
- The age requirement for this is above 18 years.
- A bank loan is provided against a collateral security it can be in the form of shares, gold, PF, land, bank deposits etc.
Documents required for applying for Education Loan
Here are the documents that students need to apply for their education loan and documents for applying to a particular country for studies.
- Student loan application form
- Passport size photographs
- Certificate of English Proficiency
- Age proof, birth certificate, marriage certificate etc.
- Acceptance letter/ proof of admission
- ID proof such as valid passport, driver’s license etc.
- Academic mark sheets and transcripts
- Residence proof
- Bank statement of past 1 year
- Salary slips if applicable
- Documents related to illness or disability if any
The Education Loan process with Visawebs
Visawebs is a helping hand for students who need to safely secure education loans for their university applications Other than this, We make an affordable solution for students that help them to move to a new country for their studies. We make sure that everything is smooth and carried out safely for our students.
How do Visawebs Education Loan expert work?
The Visawebs education loan experts are well versed with the immigration policies and visa requirements for different countries. The experts have a one on one session with the applicants and work on distributing and showing their finances for each application. No visa visa application is the same. The experts work on all profiles in a different way. Here is how the experts help in the education loan procedure.
The Visawebs expert sits with you to analyze your profile by understanding the loan requirement in length.
- We recommend the name of lenders and banks who provide the best loan package with low-interest rates.
- The Visawebs expert stays with you all the time until you get the loan sanction and the disbursement process is cleared.
- We book the visa appointment on behalf of the student, thus making it easier for you to focus on their visa interview.
So, why are you waiting? Choose your education loan counsellor today and figure out the road to success for your education. Get effortless loan assistance with Visawebs.