It is important you read this agreement and agree to the same. This website, located at www.sbieducationloan.co.in is owned and operated by “WeMakeScholars EdTech Pvt. Ltd”. The terms "we", "us", "our", and "WeMakeScholars" refer to WeMakeScholars EdTech Private Limited, incorporated in India. The terms “Site”, “this website” refers to “www.sbieducationloan.co.in”.
WeMakeScholars is the official national digital processing partner of SBI in the abroad education loan segment. This online education loan team will assist you throughout the loan process and help you with any queries related to overseas education loan of SBI, the eligibility criteria, the documents and credentials you require to submit in order to obtain the loan.
The original documents of the student or the co-applicant or the collateral need not be submitted to the WeMakeScholars- SBI team. Any of such documents should be submitted at the assigned SBI branch directly.
The process timeline of 14-16 days which is mentioned in this portal www.sbieducationloan.co.in is considering the fact that the applicant has all the necessary documents readily arranged. Even if every document is readily arranged by the applicant, there might be an unfortunate delay in the processing time due to unforeseen circumstances. Any such incident is not done intentionally by the WeMakeScholars- SBI processing team.
The cashback amount of maximum up to Rs. 3000 is offered by WeMakeScholars directly. There is no role of SBI in this cashback process and SBI is liable to any applicant for the same.
The cashback is NOT given all at once. It is NOT given after sanction. The cashback process is linked with the disbursement of the loan by the student. At every disbursement, the student gets the cashback how much ever is applicable for that particular disbursement as calculated by WeMakeScholars.
You will be rewarded with a cashback on multiple disbursements to a maximum of INR 3000, as you are applying for your study abroad education loan via WeMakeScholars.
Please note that the cashback is transferred at particular intervals. There is a verification process done from the bank's side about your disbursement. The cashback cycle is as follows:
If you have taken the loan from a public bank via WeMakeScholars, then the cashback will be credited as below:
The referral bonus is NOT given to the referee all at once. It is NOT given to the referee after sanction too. The referral bonus process is linked with the disbursement of the loan by the referral (the loan applicant). At every disbursement, the referee gets the cashback as per how much his referral has taken for that particular disbursement. The exact amount is calculated by WeMakeScholars.
The maximum overall referral bonus per successful referral is Rs 3000.
Please note that the referral bonus is transferred at particular intervals. There is a verification process done from the bank's side about your referral's disbursement. The referral bonus cycle is as follows:
If your referral has taken the loan from a public bank via WeMakeScholars, then your referral bonus will be credited as below:
All license agreements, use or any issues arising out of any activity regarding the use of this website will be governed by the laws of India and subject to exclusive jurisdiction of courts in the State of Telangana.
If you have any questions about our site as a whole, please feel free to contact us at [email protected]
WeMakeScholars follows a double opt-in policy where after submitting your email address you need to verify it by clicking on a verification link that we would send to you over the given email address. Until the email is verified, you would not receive any communication or newsletter or marketing material from us.
Our Site may contain links to other websites over which we have no control and we are not responsible for the privacy policies or practices of other websites to which you choose to link from this website. We encourage you to review the privacy policies of those other websites so you can understand how they collect, use and share your information. This Privacy Statement applies solely to the information we collect on Wemakescholars.com and not to information collected otherwise.
Any dispute or issues arising out of any activity regarding the use of this website will be governed by the laws of India and subject to exclusive jurisdiction of courts in the State of Telangana.
If you have any questions about this site as a whole, please feel free to contact us at [email protected]