Bright Future Consultancy is a student recruitment company based in NASHIK MAHARASHTRA - India,
We offer the highest quality of student admission services on the market that assists international students get guaranteed admissions in universities we represent globally, we have provided superior services to foreign students and have assisted them in achieving their educational goals. Our experience and commitment to excellence have earned us the reputation as one of the fastest growing student recruitment services provider in India & Middle East
At BRIGHT FUTURE you will receive the kind of quality and service you expect from a leader. Our company is always evolving as the needs or the students change and as new educational opportunities are created globally. You can be rest assured that, working with us, you will enjoy the latest opportunities and services available.
We make it our responsibility to know you personally, we believe in giving in depth details and information about study pattern and study quality in the top universities, we are best at helping the students with the best courses and universities which are best fitted to their career and which hold the potential of fulfilling their dreams, we provide the detailed admission guidance services and believe in a personalised approach to the Medical, the solutions we provide are tailored to meet your unique needs and challenges, we are committed to your success.
Our parent company Afford Infocom Pvt Ltd has secured direct contracts with the universities, and is continuously increasing the horizon, our company policy does not allow us to we work with any contractors or university agents what so ever, our transparent work policies with our partner universities and students make us the preferred company in student recruitment sector. Please feel free to get in touch with us for any equerries, questions etc. we are actively available on social media, WhatsApp, Telegram, Instagram, Skype or just call us or email we will be glad to assist you.
Our highest priority is your satisfaction, you are important to us and you can expect us to go the extra mile for your admission, superior customer service has always been the hallmark of BRIGHT FUTURE EDUCATION group We are proud to serve you and work hard to earn your trust.
Education Loan For MBBS in Abroad
Our students have got loans from almost all major Banks like State Bank of India,Federal Bank, South Indian Bank, Dhanalakshmi Bank, Indian Overseas 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 Overseas education against security.
- For What Professional Courses do Banks generally provide education loans ?
Management students are among the top choices for most banks. Technology students from the country’s premier institutions can also get student loans from Banks and Medical and engineering college students. Banks don’t provide loans for students with a bachelor’s/master’s in Arts. Also, for courses where employment prospects are less (as per Bank’s own evaluation), loans are sanctioned on the basis of the parent's income.
In general, when applying for a study loan, you must keep in mind the following criteria:
- A co-applicant is a must (could be parents, a sibling, or a spouse)
- For loans between Rs.4 – 7.5 lacs, a third-party guarantor is required
- Collateral needs to be provided for student loans above Rs.7.5 lacs
- Loan repayment commences 6 to 12 months after course completion
- If a student goes abroad, the lender recovers the remainder from co-applicant
Banks have their own criteria developed for the upper limit of the loan, the interest rate to be charged, and the period and mode of repayment. Banks usually have some pre-approved courses and institutions and usually sanction education loans on the basis of the quality of the institution, relevance of the course to career options, the creditworthiness of the guarantor or co-applicant.
Repayment - Course period + 1 year or 6 months after getting job, whichever is earlier.
- What are the Documents required for applying a Student Loan ?
All 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.
Some banks require all or any of the following documents as pre sanction documents:
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.
- Mark sheet of last qualifying examination for school and graduate studies in India
- Proof of admission to the course
- Schedule of expenses for the course
- Copies of letter confirming scholarship, etc.
- Copies of foreign exchange permit, if applicable.
- 2 passport size photographs
- Statement of Bank account for the last six months of borrower.
- Income tax assessment order not more than 2 years old
- Brief statement of assets and liabilities of borrower.
- If you are not an existing bank customer you would also need to establish your identity and give proof of residence.
- Eligibility for getting a loan:
- The applicant should be an India National
- The applicant must have secured admission to a foreign university/ Institution
- Which Banks are offering Education Loans in India?
Most of the Private Sector banks, Foreign Banks, and Public Sector Banks in India are providing Student Loans. Below given are some of the main banks which have flexible Education loan schemes.
- Andhra Bank
- Allahabad Bank
- Axis Bank
- Bank of Baroda
- Bank Of India
- Bank of Maharashtra
- Bank of Punjab
- Bank of Rajasthan
- Bassein Catholic Bank
- Bharat Overseas Bank
- Canara Bank
- Catholic Syrian Bank
- Central Bank of India
- Centurion Bank of Punjab
- Citi Bank
- City Union Bank
- Corporation Bank
- Dena Bank
- Development Credit Bank
- Dhanalakshmi Bank
- Federal Bank
- HDFC Bank
- ICICI Bank
- IDBI Bank
- Indian Bank
- Indian Overseas Bank
- ING Vysya Bank
- Jammu & Kashmir Bank
- Karnataka Bank
- Karur Vyasa Bank
- Lakshmi Vilas Bank
- Oriental Bank of Commerce
- Punjab & Sind Bank
- Punjab National Bank
- Ratnakar Bank
- Saraswat Bank
- SBI Commercial and International Bank
- South Indian Bank
- State Bank of Bikaner & Jaipur
- State Bank of Hyderabad
- State Bank of India (SBI)
- State Bank of Indore
- State Bank of Mysore
- State Bank of Patiala
- State Bank of Saurashtra
- State Bank of Travancore
- Syndicate Bank
- Tamilnad Mercantile Bank Ltd
- Thane Janata Sahakari Bank
- UCO Bank
- Union Bank of India
- United Bank of India
- United Western Bank
- Vijaya Bank
- Overseas Education Loan: How Bright Future Education Group Can Help
If you are a student from India aspiring to study MBBS abroad you can make the process easier by choosing to apply through Bright Future Education Group.We have been providing high-quality education consultancy services to Indian students for more than 5 years. Bright Future Education Group have been helping hundreds of students each year to identify the right studying opportunities abroad.
Backed by a team of qualified and dedicated staff, Bright Future Education Group offers valuable advice to clients and helps them find the right university and study opportunities in ex-soviet countries like Russia, Kyrgyzstan and Ukraine and more. Contact us today for more information on education loan for MBBS abroad.