| Input | Offer A | Offer B | Rule |
|---|---|---|---|
| Course cost and currency | Use the same university invoices and living-cost assumptions. | ||
| Disbursement dates | Model each tranche on the date it is needed. | ||
| Net amount available | Sanction less margin and non-financeable items; do not compare sanction headlines. | ||
| APR and rate formula | Record current rate, benchmark, spread and reset—not rate alone. | ||
| Interest before EMI | Project interest from each disbursement to regular repayment. | ||
| Payoff date | Use one end date so a longer tenure does not masquerade as cheaper. | ||
| Forex/remittance | Include spread, transfer fee, intermediary fee and receiver shortfall where applicable. | ||
| Collateral cash/risk | Add valuation, legal, perfection, insurance and release friction plus asset risk. |
← Full guide: Bank vs NBFC Study-Abroad Loan: Compare Total Rupees, Not Labels
Normalise the two offers
Normalise the two offers. Check the cause, evidence to keep, exact recovery steps, and escalation. Based on Bank vs NBFC Study-Abroad Loan.
Start here
Input. Offer A. Offer B. Rule. Course cost and currency. Use the same university invoices and living-cost assumptions. Disbursement dates. Model each tranche on the date it is needed. Net amount available. Sanction less margin and non-financeable items; do not compare sanction headlines. APR and rate formula. Record current rate, benchmark, spread and reset—not rate alone. Interest before EMI. Project interest.
What applies to this exact problem
Check these first
- State the exact expected result and the exact result you have now.
- Find the official record that owns the result and compare it with your evidence.
- Change one thing at a time, then verify the final state before moving on.
Fix it in this order
- State the exact expected result and the exact result you have now.
- Find the official record that owns the result and compare it with your evidence.
- Write down the academic deadline and the exact amount/date that must be paid.
- Check sanction conditions, co-borrower requirements, margin contribution, disbursement trigger, and moratorium terms.
- Ask the lender for the specific missing condition or calculation in writing.
- Send university invoices, admission proof, visa/forex documents, or revised payment instructions in one labelled file.
- After each disbursement, reconcile the lender ledger with the university/beneficiary receipt and your own contribution.
Build the proof pack
- Sanction letter
- Fee demand/invoice and academic deadline
- Co-borrower and income documents
- Disbursement/forex/payment references
Avoid making the case harder
- Waiting until the final university deadline to discover a condition
- Assuming moratorium means no interest accrues
- Sending different amounts or beneficiary details in separate messages
How you know it is really fixed
- The official record and your real-world result agree.
- You have enough written evidence to prove the issue is finished if it returns later.
If it is still not fixed
- Branch/education-loan desk
- Lender grievance officer
- RBI CMS for eligible unresolved banking complaints
Official sources from the full guide
Need the complete context?
This page solves one branch. The parent guide covers the full decision, edge cases, alternatives, and related checks.