Education Loan Transfer: Things to know | Ep #13 (2019)

‘Education Loan Transfer: Things to know’ is the 13th episode of our web-series, ‘Loanflix- abroad education loans simplified.’ If you are planning to start your abroad education loan process/facing any issues regarding abroad education loan, you can request a call back @

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.

Are you dissatisfied with your education loan provider and wish for an education loan transfer? Are you skeptical about transferring your education loan to another bank/lender? Do you know how education loan transfer works? Who opts for them? If these points have raised questions in your mind regarding student loan refinance, then this 13th episode of Loanflix is for you. Our speaker for this episode, Damini Mahajan speaks on the following important points regarding education loan transfer.

What is an education loan transfer? (1:03)
The most interesting part of an education loan takeover (1:42)
Conditions for an education loan transfer (2:29)
Some other terms to know about student loan refinance (3:05)
How does WeMakeScholars help? (4:00)
Conclusion (4:48)

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 12 episodes in this series and their links are as follows:

#1. Introduction to study abroad education loan –

#2. Secured education loans –

#3. Abroad Education Loan without collateral –

#4. Documents for Education loan –

#5. SBI education loan for abroad studies –

#6. SBI Education Loan- Documents, Process & Timeline –

#7. Bank of Baroda Education Loan for abroad studies –

#8. Education loans from Government Banks, Issues and solutions –

#9. Unsecured education loan from NBFCs – An overview –

#10. International student loan: Prodigy finance student loan & MPower finance (Part 1) –

# 10. International student loan: Prodigy finance foreign education loan & MPower finance (Part 2) –

#11. Education loan for abroad: Public banks Vs. Private Banks/NBFCs –

#12. Education loan interest rate: Simple or Compound? –

We hope this video clears all your notions regarding education loan transfers. The next episode of Loanflix is going to be of great interest to you, as our speaker will be discussing one of the core concepts related to education loans- Loan margin. So stay tuned for the 14th episode, titled, ‘Margin money: Loan margin in education loan’.

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, 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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