International #StudentLoan: #ProdigyFinance student loan & #MPowerFinance (Part 1) | Ep #10 (2019)




‘International Student Loan: MPower finance & Prodigy finance student loan- Part 1’ is the first part of the 10th episode of our web-series. Start your abroad education loan process by requesting a call back @ https://ift.tt/30ewCex

Our Financial officer will get back to you and assist you until the sanction. All the services offered by WeMakeScholars are free of cost as this initiative is supported by the IT Ministry, Govt. of India.

This episode is divided into two parts for our audience to have a better understanding. The first part will discuss MPower Finance & Prodigy Finance student loan policies and why going for nationalized banks and local NBFCs is advised for Indian students. This episode will focus on the following major points:

– Types of International lenders (1:11)
– Prodigy Finance (2:04)
– MPower Finance (2:40)
– International NBFCs Vs. Indian Banks/NBFCs: A detailed comparison (3:26)
– Drawback 1: Processing Fees (3:34)
– Drawback 2: Floating Interest Rate (4:49)
– Drawback 3: Income tax exemptions (7:34)

Other reference links from the episode:
LIBOR forecast: https://ift.tt/2B3ErLD

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. The titles of our previous 9 episodes in this series and their links are as follows:

#1. Introduction to study abroad education loan – https://ift.tt/2OrqKt1
#2. Secured education loans – https://youtu.be/ORjGUYJBumc
#3. Abroad Education Loan without collateral – https://youtu.be/0yUEfa7kZPA
#4. Documents for Education loan – https://ift.tt/2OrqL03
#5. SBI education loan for abroad studies – https://youtu.be/RV9YzICizSw
#6. SBI Education Loan- Documents, Process & Timeline – https://youtu.be/t2WogoqxGcA
#7. Bank of Baroda Education Loan for abroad studies – https://youtu.be/2_IxhIFnmIg
#8. Education loans from Government Banks, Issues and solutions – https://youtu.be/EkYEzyfwchY
#9. Unsecured education loan from NBFCs – An overview – https://youtu.be/Ln_3Hr3UHWM

We hope that the information shared in this episode regarding MPower finance and Prodigy Finance student loan policies has helped you in one manner or other. There is more to come in the 2nd part of this episode. So don’t miss episode #10.2 titled,

‘International Student Loan: MPower & Prodigy finance foreign education loan’ (Part 2)

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
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 Top 75 start-ups in Power of ideas by Economic Times at IIM Ahmedabad.

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