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Mistakes to be avoided While Applying for Overseas Education Loans

Take a note of the various factors to be taken into account, guidelines to be followed, documentation to be submitted while applying for an overseas education loan.

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Mistakes to be avoided While Applying for Overseas Education Loans

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  1. Mistakes to be avoided while applying for Overseas education loan

  2. 02. 03. 04. 01. Choosing the nearest bank instead of the best one Improper verification of Property Papers Getting Unsecured Loans despite having an asset Not Consulting an Education Loan Advisor

  3. Choosing the nearest bank instead of the best one The Best Bank for Overseas Education Loan must be chosen which will suit your criteria and meet country-specific requirements as discussed below.

  4. Getting Unsecured Loans despite having an asset Having an asset such as a flat, house, shop etc. is a boon since you can get a secured education loan by keeping your asset as collateral. Your first preference must be a secured education loan and only if it is impossible to get due to lack of relevant asset, should you go for an unsecured loan.

  5. Improper verification of Property Papers Evaluation of property papers is a key step before you apply for an Overseas Education loan. You must ensure that your property papers are complete and authentic before you send them to the bank for verification otherwise the loan may not be sanctioned within time or is liable to be rejected.

  6. Not Consulting an Education Loan Advisor An Education Loan Advisor has expertise over these matters and ensures that all these factors are taken care of without hassle for the applicant. Complete Assistance for Overseas Education Loan Process is provided to the applicant taking into consideration the country-specific expenses and requirements.

  7. Our Address: 'Krishna’, Plot No. 10/2, I.T. Park, Opp. V.N.I.T, Behind Infotech Tower, Parsodi Nagpur, Maharashtra, India- 440022 Email: info@elanloans.com Contact No: +91 74477 57842 Visit here: www.elanloans.com CREDITS: This presentation template was created by Slidesgo, including icons by Flaticon, and infographics & images by Freepik. Please keep this slide for attribution.

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