Eligibility Criteria for Education Loans in India

Types of Education loans in India

An education loan is designed to financially aid the applicant in affording the cost of education. Since, the it caters to customers going for higher studies, the loans can be classified based on two parameters:

Location of the institute (India or abroad): There are numerous banks in the country which offer loans specifically for students who aim study in India and for those who aim to study abroad. This distinction in the loan has been made keeping in mind the different financial needs that arises from studying in India or studying abroad. Study abroad loans: Such loans are aimed at applicants who plan to study abroad. Generally, lenders have a list of institutions or specifications they support. The loan is approved if the applicant secured a seat in one of those institutes. Domestic loans: Domestic loans are meant for applicants who wish to pursue higher education in India. Lenders have eligibility criteria for the Indian institutes as well. Similar to study abroad loans, domestic education loans are approved if the applicant secured admission in an institute that meets the requirement.

Course based loan: Many banks and NBFCs offer loans that are based on the type of course the applicant is going for. There are loans which are also made for studying in premier institution like IITs and IIMs. Similarly, customers may also find loans that specifically offers financial solutions for the course their planning to pursue. Some types of course based loans are

Undergraduate loans: These loans offer financial support for pursuing undergraduate degree programs.Graduate or professional loans: These loans are designed for applicants who want to pursue post-graduate studies or other professional courses.

NEET Counselling 2022

NEET 2022 Counselling will be conducted for successfully qualified candidates only. The counselling will be organized by the MCC (Medical Council Committee). NEET is the national level examination for admission to MBBS & BDS courses offered by various government and private medical colleges of India. The examination will be organized by the NTA (National Testing Agency).

MCC Revises Round 2 NEET Counsellling Schedule

All the NEET Under Graduate (MBBS/BDS) aspirant candidates are hereby informed that counseling for All India Quota seats/ Institutional Quota/ Domicile (internal candidates) of Central Universities (Aligarh Muslim University/ Banaras Hindu University/ University of Delhi/Faculty of Dentistry, Jamia Millia Islamia, Delhi), (wards of ESIC insured persons) seats of colleges under Employee State Insurance Corporation and Armed Forces Medical College, Pune for the Under graduate session 2019-20 will be conducted by Medical Counseling Committee/ Directorate General of Health Services, Ministry of Health and Family Welfare, Government of India.

For participation in Institutional Quota (internal) seats of Central Universities (Aligarh Muslim University/ Banaras Hindu University/ University of Delhi/ Faculty of Dentistry, Jamia Millia Islamia, Delhi), internal quota seats of colleges under Employee State Insurance Corporation and Armed Forces Medical College, Pune, candidates are required to go for registration at official website of Medical Counseling Committee (www.mcc.nic.in). Candidates of Andhra Pradesh and Telangana would be eligible for participation against the 15% All India Quota seats. Candidates to note that Non- Refundable registration counseling fees and refundable tuition fees have to be paid by the candidate at the time of registration. Reservation of seats under PH Category has been increased from 3% to 5% and the 21 Benchmark Disabilities as envisaged under the regulations of “THE RIGHTS OF PERSONS WITH DISABILITIES ACT 2016” are included under the PH category for participation. For range of 21 benchmark intellectual disabilities please visit www.mcc.nic.in/www.mccnews.in

Educational Loan

The number of Indian students relish for Study MBBS in abroad has increased exponentially in the past many Years. Also, there is a drastic increase in the number of students opting for GOLDEN DRAGON MBBS education loan due to increase in the expenses of quality education abroad. Today there are numerous lenders offering loans to students.

Our students have got loans from almost all major Banks like State Bank of India,Federal Bank, South Indian Bank, Dhanalakshmi Bank, Indian GOLDEN DRAGON Bank, Indian Bank, Punjab National Bank, Corporation Bank, Karur Vysya Bank, ING Vysya Bank, HDFC Bank, Syndicate Bank, Andhra Bank, Union Bank of India, ICICI Bank, Bank of India etc. Banks offer up to 85% of the course fee for GOLDEN DRAGON education against security.

What are the Documents required for applying for Student Loan ?

All the students are required to submit mark sheets of last qualifying examination, poof of admission scholarship, schedule of expenses for the specified course, his/her bank account statement for the last six months, an income tax assessment order for the previous two years, a brief statement of assets and liabilities, of the co-borrower, which is usually the parent or guardian and proof of income, if any.

To furnish the following documents along with the completed application form. Relevant information would relate to the guardian and the student both, when the loan is jointly taken.

1. Mark sheet of last qualifying examination for school and graduate studies in India
2. Proof of admission to the course
3. Schedule of expenses for the course
4. Copies of letter confirming scholarship, etc.
5. Copies of foreign exchange permit, if applicable.
6. 2 passport size photographs
7. Statement of Bank account for the last six months of borrower.
8. Income tax assessment order not more than 2 years old
9. Brief statement of assets and liabilities of borrower.
10. If you are not an existing bank customer you would also need to establish your identity and give proof of residence.

Which Indian Banks are Providing Education Loans ?

Most of the Banks in Private Sector, Foreign Banks & Public Sector Banks in India are providing Student Loans. Below given are some of the main banks which have flexible Education loan schemes.

Study MBBS in Abroad Education Loan: How GOLDEN DRAGON Medical Study will Help

The Student from India who are aspiring to study Medical in abroad can make there process easier by choosing GOLDEN DRAGON Medical Study. We GOLDEN DRAGON Medical Study have been providing high quality Admission consultancy services to Indian students for more than 10 years. We have been helping thousands of students each year to Study MBBS in Top Colleges of Abroad.

We have a Qualified, Dedicated and Experienced Staff team who offers valuable advice to students and help them find the right university & study opportunities in ex-soviet countries like China, Georgia, Russia, Kyrgyzstan, Bangladesh, Nepal, Kazakystan, Ukraine, Nepal and many more. Contact us today for more information on Education loan for MBBS abroad.

Counselling

When it comes to admissions, there are no second chances! If you want to give your study abroad application the best shot possible, join us for personalized counseling services. Get counseled by best GOLDEN DRAGON Consultant for MBBS is GOLDEN DRAGON and boost your chances to get into your coveted college. Need help before you decide ? Call now!

WHAT THIS INCLUDES

• 1. Profile Evaluation with Detailed Feedback
• 2. Next Steps with a Realistic Time-Line
• 3. Career Planning & Guidance
• 4. Resume Building Recommendations
• 5. Guidance on Standardized Test Requirements and Target Scores
• 6. Academic Options and Pre-requisites
• 7. Guidance on Extra-Curricular Activities for Profile Development
• 8. Special Tips for Campus Visits
• 9. Critical Analysis to Create a Distinct Identity From Your Peer Group
• 10. Advice on Upskilling and Certifications
• 11. Creative Conceptualization to Leverage Your Resources and Goals
• 12. Expert Tips for Just in Time Applicants
• 13. Evaluation of Multiple Courses or Opportunities
• 14. Real Time Knowledge Sharing for Study Abroad Options
• 15. Holiday and Time Management Advice

MBBS ABROAD EDUCATIONAL COUNSELLORS

The GOLDEN DRAGON MedicalStudy.Com MBBS Educational Counsellor Services is a critical part of your college admissions journey. GOLDEN DRAGON MBBS Educational Counsellor will help you at various critical occasion such as choosing the right Abroad MBBS College/University, courses & majors, amplify your profile, getting expert advice on test taking, scores, academic record, how GOLDEN DRAGON Abroad MBBS educational counsellor made it, scholarships, pre – prep for your applications, applications, settling down and networking. You can get guided from GOLDEN DRAGON MBBS educational counsellor in each and every step of the application process by our most Experienced Counsellor who have successfully mastered the admissions process themselves

Get help on from our abroad education counsellor:-

1. 1 . Which Universities are the right fit for you and provide best career and salary opportunities?
2. 2 . How to pay for college? How to get scholarships and financial assistance?
3. 3 . How to plan the entire application process?
4. 4 . Which hostel and meal plan options to take? Which courses to take to get ahead?

Our study abroad GOLDEN DRAGON MedicalStudy.Com MBBS education counsellors have galore of experience concerning the process and which will help you in each & every step. Many Decisions are very Brittle for studying MBBS in Abroad which is major step. Therefore, It is obligatory to be very well prepared and take the right steps. Doing solid ground work, even before or while preparing for tests, is extremely critical. Most study abroad educational counsellor who are in leading universities do a lot of ground work before applying and while they are preparing for tests. Tests are crucial but many students give too much importance to test scores instead of GOLDEN DRAGON Educational Counsellor and due to this, they end up staying out of their dream and many top universities.

On the other hand, many students lose out because of their conviction that studying abroad is extremely expensive and beyond their reach without taking the expert advise of abroad educational counsellor. GOLDEN DRAGON MedicalStudy.Com MBBS abroad educational counsellor can and will tell you exactly how admirable it is for you and what is the best way forward for you in terms of studying abroad and funding. GOLDEN DRAGON MBBS mentoring will provide excellent direction to each student. We have centres in cities like Patna, Delhi, Kolkata, Ranchi, Bhubaneshwar, Gorakhpur and Lucknow for the counselling from study abroad GOLDEN DRAGON MBBS Education counsellor. To get in touch with our study abroad GOLDEN DRAGON MBBS Education counsellors education counsellor, one has to visit our centres.

GUIDANCE

Are you Looking for Best MBBS Admission Guidance Consultant?

Than this is the right place - Our elementary AIM is to provide dominant guidance. At this vital competition of your life we outline the directions of your career. Our Counselling team has many years of experience in the field of education industry. We shall provide you with extensive assistance when you will contact us. Right from appearing for scholarships to resolving spout in your visa permission, we are available 24*7. We groom the candidate to help his/her confidence shine. Our consultation assistance extends to availing a cost effective foreign studies solution. There are several options to pursue MBBS Course Abroad in a cost effective manner. Several countries stimulate talented candidates to pursue their education. We are there to facilitate the connections. With the services of GOLDEN DRAGON Medical Study, you can be sure of getting admission in your Top MBBS Colleges in Abroad.

Creating Awareness -

We, at GOLDEN DRAGON Medical Study, conveys a mission so as to be able to create awareness among the Companionship of all Parents & Students that it is possible to Sebaceous the admission process only by staying informed about the right kind of information. Our aim behind making available the MBBS Admission Guidance process is to let all concerned parents realize that the overall admission procedure is not so difficult and we help in assisting you the same, About the Admission procedure, While benefiting all concerned students, we focus on a few steps such that the admission takes place in the right and timely manner.

Details Furnished

The different types of details which our professional team will offer you in order.

To Guarantee that you face minimum problem in seeking admission includes.

Payment formalities.

Application Fees.

Deadlines pertaining to the graduate schools & performing an entire study regarding appraising the admission status. You will further be encouraged in seeking our services by learning that our team of professional experts informs about the different locations where the documents needs to be sent, in order, to benefit your cause in the right direction. Engaging in a detailed discussion along with our professionals will also assist you in staying informed about the list of documents that need to be carried along with you.

Exhaustive Process Adopted

Our Expert Team of Professionals understands the fact that it is important to guide you through the entire process of admission and take the additional responsibility in doing so. Our company also understands that successful admission can only be ensured if the whole process is performed in an exhaustive and detailed way. The fact that our team of professional experts performs a detailed planning regarding every single activity that needs to be performed, stands as one of the other burning reasons, that you will be forced to appreciate the efforts put in by our team of professionals.

GOLDEN DRAGON Medical Study is offered in the right way by means of evaluating, finalizing and developing a list of colleges/educational institutions from which you can always make a choice. Also, you are offered with the facility of being able to pay a visit to the college/educational institutes, in order, to be able to determine if the same proves to be a perfect match as per your requirement. You will also be guided in the perfect manner regarding the aspects to search around while visiting the premises of the colleges and universities.

TRAVEL

TRAVEL GUIDE FOR STUDENTS:

Majority of the students proceeding to foreign countries for study would need to suspend their Emigration Check Required (ECR). Please note that failure to suspend the same would mean that the student would be unable to fly abroad. This results in cancellation of the air ticket at the last moment and put the student and the parents in unwarranted trouble. We ensure the clearance of the same. Presently the Government has given ECR Clearance to the persons holding 10 + 2 qualification. Earlier, minimum Graduate qualification was necessary for ECR Clearance.

CHECK LIST WHILE TRAVELLING TO ABROAD :

• 1. Passport (original)
• 2. Air Ticket
• 3. Copy of the visa
• 4. Copy of admission letter
• 5. Foreign exchange for the fees/ living expenses.
• 6. All original certificates like 10th & +2 certificates.
• 7. Medicines like - Vomiting tablets, Acidity, losse motion, cotton for ears & ear drops.

IMPORTANT THINGS TO KNOW:

(1) Always adhere to the weight restriction imposed by the airline. The airlines allows the below listed baggage only -
Check in Bag weight max 20 Kgs only.
The Maximum Weight of Hand bag 5 Kgs only

IMPORTANT DOCUMENTS

FOREIGN EXCHANGE

1. Counseling for various faculties and universities
2. Seeking admission for students.
3. Complete travel assistance
4. Obtaining foreign exchange from authorized dealers.
5. Attending the students on arrival in GOLDEN DRAGON destination with prior arrangements.
6. Educational loan assistance from 50 to 100 % (subject to bank formalities).
7. Assistance in obtaining eligibility certificate from medical council of India (MCI) New Delhi.
8. Assistance in payment of fees to the universities by the students and obtaining hostels accommodation for them.
9. Conveying safe arrival of students in different countries to their parents.
10. Affectionate year.
11. Semester performance report sends to parents.
12. Assistance for training for preparation of screening test of Medical Council of India (MCI)
13. We also assist for admission in various Private medical college (management & NRI ) Quota in India

VISA GUIDANCE

<< Visa Assistance >>

Mupur Education . com Will take care of all the things related to Visa. We MupurEducation.com will arrange the Visa Invitation Letter from the university and get your visa stamped. MupurEducations.com 100% visa success rate.

Visa Invitation

The Visa invitation “Invitation to study” from the university they are applying to is an official document that confirms, the student is admitted to a particular University. All Visa Invitation issued by universities undergo by obligatory registration at the Ministry of Education and Science before being issued to Student. GOLDEN DRAGON Medical Study.com performs such registrations on behalf of the Ministry of External Affairs & Endow official affirmation of such registration (visa support) to the Consulate in respective countries. Consulates do not concede documents from international students without such registration and cannot therefore proceed with issuing student visas. This invitation is required to stamp the Student Visa on your passport. Generally, it tooks 2 to 3 weeks to be processed for the invitation and from the of issue of this Visa invitation is valid for 90 days. At that time you need to apply for a Student Visa from Embassy. The visa which you will receive from Emabassy is an educational visa, which is mainly an entry visa and is valid for 3 months.This means that you would have to enter the country within 3 months of the issuance of the visa. After reaching the university, the same visa is to be registered with the local immigration authorities & the applicants would get a registration to stay and study at the university for one year. Simultaneously, you would also be registered at the hostel where the applicants would be staying.