Mistakes to be avoided While Applying for Overseas Education Loans

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Information about Mistakes to be avoided While Applying for Overseas Education Loans
Education

Published on February 21, 2020

Author: RitaBiswas1

Source: authorstream.com

Mistakes to be avoided while applying for Overseas education loan: Mistakes to be avoided while applying for Overseas education loan 01.: 01. Choosing the nearest bank instead of the best one 02. Getting Unsecured Loans despite having an asset 03. Improper verification of Property Papers 04. Not Consulting an Education Loan Advisor 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. Choosing the nearest bank instead of the best one 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. Getting Unsecured Loans despite having an asset Improper verification of Property Papers: 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. Not Consulting an Education Loan Advisor: 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. Slide7: 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

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