Loan and Finance guidance

It is the reality that money can make or break people's dreams or careers. But since banks and other financial institutions give loans to those who need them. We at Wider Globe offer guidance to our students so that they can get loans on very simple terms. We also ensure that they get the loans at a very affordable and reasonable interest rate. There are many nationalised banks in India with whom we have tie-ups. There are other private banks as well with whom we have tie-ups and can disburse loans after getting proper loan documents. The student should not hesitate to get the loan sanctioned for education because education has become a costly affair abroad but the return on investment is also manifold. So, guiding people and our students for the loan has been our day to day work.

Due to this, we have created a separate dedicated department for loan assistance. It is one of the busiest departments we have at Wider Globes Pvt Ltd because this service for financial assistance is sought by many. Everyone understands that getting admission to a foreign university can be a very costly affair.

Our dedicated financial assistance department works in tandem with the scholarship department because we prioritise scholarships and funds over financial assistance. It is so because grants are better if compared to loans. But, if the student is unable to get a scholarship, then we help students to get the loan at a very affordable and reasonable interest rate whose terms are also simple to understand. At the same time, we keep approaching funding organisations to explore other financial assistance opportunities for our students.

We advise that students and their families need to plan their finances. They should keep the horizon of more than 5 years to understand their requirements and their probable return from their investment. It is best to consult those people who are knowledgeable and the family members because this would be one of the biggest financial decisions in one's life. So, explore how much much money the family can spend on the student's education. If money is falling short, then a loan should get the job done.

We also tell the parents and try to convince them that a loan is not a bad idea to go for financing their education. it has been a global practice because once the student gets into a good college, it will be highly likely that he will get a good job that could cover up the loan in two or three years. The parents need to have belief in their children. The student should have belief in themselves.

Plus, many happy people made their careers after getting a loan from nationalised banks, private banks and other financial institutions. Money should not act as a hurdle. Rather finance advances make money as an enabler of a good education abroad.

We have tie-ups with respectable banks and financial institutions. We help students get education loans at a very competitive rate. If the student is missing some documents, even then he might get the education loan due to their better CIBIL score. It should be ensured that the CIBIL score should be above 750 to be eligible to get the loan at a very competitive rate. Once CIBIL falls below 750, the loan interest rate for education slightly increases. Hence, it is also advisable to keep your CIBIL score as high as possible. The ideal range for a CIBIL score should be more than 750.