Should you take an education loan? | Education Loans in India 2021 | Ankur Warikoo Hindi Video

Three conditions before taking an educational loan.
When is it the right thing to take an educational loan?
Three conditions that I point out in this video, even if ONE of them is not met, you shouldn’t take it.
Think it through deeply, because losing your peace of mind because of a loan because you didn’t think through it, isn’t the right option to be striving for.
#warikoo #education #loans
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Ankur Warikoo is an entrepreneur, an angel investor, a mentor and an active public speaker.
For the past 4 years, Warikoo has been actively sharing content on KZbin, LinkedIn, Instagram, Facebook and Twitter amassing a following of 1.6Mn+ people.
He posts 3 Hindi and English videos every week on his KZbin channel, where he talks about entrepreneurship, how to grow in life, personal finance and failure.
Warikoo started his entrepreneurial journey in 2008. His most recent startup is nearbuy.com where he was the founder and CEO from 2015 until 2019.
Prior to that, Ankur started Groupon’s India business in 2011 and acted as the Country CEO from 2011-15, and Head of Groupon APAC from 2013-15.
An alumnus of the Indian School of Business, Ankur is an active Angel investor and mentor to several startups.
Ankur has been part of Fortune Magazine’s 40 under 40 List for India, LinkedIn India’s PowerProfiles List, LinkedIn India’s Spotlight List and India’s Top Executives under 40 list.
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[@mu003devsoni5]

If you're a diamond, you'll shine even in mudd.. but if you're just a stone.. you wont even shine staying in Crown😇

[@devangshuroy5170]

Probably 😕

[@abelbijuthomas6906]

Diamonds do not shine they refract light

[@samarthagrahari4777]

@@abelbijuthomas6906 😂

[@kapilmunigoswami1410]

Don't cheat yourself brother ...such type of things seems good on papers in reality

[@arghakdubey4372]

Lovely mann how lovely this is!

[@MegaRAVI777]

This video changed my perspective towards education loan completely...And also that one is better off pursuing a distance education course rather than going for a costly & not so great full time course...Thank you Mr Warikoo

[@nbfcloan5243]

8126880406.

[@ship998]

What is distance education course plz explain

[@JesusWords0]

@@ship998 go check jaipur national university and amity university and manipal university online degree

[@HumourusLAV]

It's not that simple buddy.... Distance education only gets you the degree but no in college placements, plus if you go out looking for a job most have a prerequisite that you need to have done a full time MBA from a recognized college for them to give you a chance... they don't even look at people who have done a distance MBA if you have little to no experience... Sometimes even with experience they don't consider you because of your distance degree... it becomes a major problem

[@souvik6831]

He's a good friend . Because just look at his library behind him ! 🙏🏼❤️

[@adityavpachisia]

I would love to get admission in in Warikoo Institute of Technology.!

[@aravindsingh08]

+1

[@warikoo]

Hahaha :)

[@yashjain7357]

+1

[@Anonymous-uc4rq]

@Vaibhav Yadav for you, not for us

[@butan9019]

+1

[@ankitagawas0809]

Each and every word of urs is damn true.. everyone should see this amazing content...god bless u sir for sharing ur experience...keep it up❤️

[@ruchitakachhap4162]

Answered many of my concerns, thanks for creating this video :)

[@dishakatiyar790]

Hard to listen but definitely you are right Sir

[@bidhanpaudel412]

Yes, my loan is my loan, great point.

[@hiteshidhar4235]

Yeah 🔥

[@SwetaSingh-tm2do]

He is absolutely right about the college thing when he talks about good network that really doesn't mean about being with rich people its about being with good knowledgeable and intellectual people from whom you will get a lot of information I m saying this because I have chosen wrong colleges and ended up losing all the knowledge specially my command over English language so choose a good college and most importantly go after knowledgeable people not rich brats

[@stock_suryawalker9868]

Thnx Mr. Ankur, Leaving a note: Conditions for a single loan in life - educational loan: 1. Don't attach your loan to anyone else. 2. Don't take loan just for a degree 3. You have to be prepared to pay back.

[@Shagufa_Imteyaz]

Wow! The thing attracted me to watch the video till end was YOUR LOAN IS YOUR RESPONSIBILITY.

[@diegomateo8076]

If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key.

[@adelbertoraphael5118]

I agree with you mate. Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return.

[@emiliamaya7030]

"To earn more you are required to have a multiple diversified means of income", which is why Investment is an avenue of making more money once it's profitable.

[@emiliamaya7030]

Most failures and loss on Investment usually happens when you invest without proper guide and the analysis of the profit and risk percentage of the Investment.

[@gabriellaximena2166]

So how do you get your proper guide and the analysis you mentioned? Because I have incurred huge losses while investing by myself

[@emiliamaya7030]

@@gabriellaximena2166 it's safe to have an investment manager who has vast knowledge about Investment, to make you profits from your Investment on your behalf while you monitor the Investment growth.

[@sourabhbhattacharya3411]

Education loan has inflated the prices just like in real estate in education and made it unaffordable for masses. Education is responsibility of society and community, totally disagree with the financialisation of education.

[@FirstnameLastname-rc4xq]

💯

[@Subhadwip-gq6vo]

💯

[@Godsgirl4278]

Thank you,Warikoo Sir 🙏❤️ It was much needed .

[@shashankkumardwivedi43]

It's very rare to find Quality content nowadays.. thatswhy I am attached to this guy through KZbin 😁♥

[@yasraasif9879]

Thank you so much sir you are the only person who has also showed the dark reality of loans...!!!

[@dvspatel5463]

I like your advice for this loan product......... Iss advice me muje jo condition acchi lagi wo ha " apne maa baap se loan nahi attach honi chahiya" ye condition muje acchi lagi........

[@bavishiakash]

This video is pure gold . The best aspect of the video is that it covers the psychological impact which one has when the individual pursues education through loan . Thanks Ankur Sir for this great video. Keep up the good work 👍🏼

[@howcomeihavesubs]

True!

[@swapnilkabra2906]

Excellent information, nobody else gives this type of trust. Thanks

[@shouryaraj007]

Mr. Warikoo, there are few things that you have said here with survivorship bias which I think can misguide someone who isn't going to Hindu college or can't go to the US for their masters. HOWEVER, thank you so much for putting it in every 20 something person's head that a loan is not their parent's responsibility & taking a loan just to take admission in random college abroad isn't worth it.

[@phantom1665]

Your loan is your Responsibility! - Ankur warikoo❤️

[@vrushabhdahikar6474]

Thank You Sir.... Your words hit me a lot...

[@SURABHISRIVASTAVA-eu6wj]

Loved the video..actually, ye video maine aisehi dekha lkn isne apne content k sath mere integrity ko bhi refresh kar diya..Thanks...Thank you very much!!

[@suvam_in]

You are great Sir.. You Changed my mind set towords the btech...

[@gauravtiwari9920]

Great speaker... A lot of information..🙂🙂

[@shradhatyagi8833]

I think your video was made keeping in mind some specific job prospects. As an individual considering a job as a counseling therapist, I cannot do away with the opportunity of studying in a university, even if it's a mediocre one because I NEED certain qualifications to be a practicing therapist and those can't be obtained without going to college, obviously I have good enough grades and extra co-curricular activities to get into a college of choice, however, there are not many options for the course I want to do. now, I am not talking about universities with general degrees in psychology, I am talking about colleges offering specific courses that I wish to take up, and those colleges are very few in number, so, even if the college I wish to go to does not have a very high ranking, in terms of my course specifically, its the best. so, I hope you keep things like this in mind before telling people that just because the college you want to go to does not have a high ranking, it's better if you don't attend it.

[@shubhamtyagi2901]

That's how people from psychology background made comment 😂

[@vault911]

that's common sense, you want him to tell this too?

[@aryn18s]

Well that's totall true. I also wanna Persue bsc in psychology in india. There are few options for this course. Only private universities are offering that course. So i have to take course in that even tho the uni. Rank is not good enough. I totally agree with you.

[@apurvapatel9699]

@@aryn18s can you suggest some good colleges for distance learning courses or any specific course online.... I am not looking to pursue a career in psychology but i just want to study

[@aryn18s]

@@apurvapatel9699 IGNOU is the best for online learning. But what subjects or course you want to study?

[@grandfather2463]

If you follow this man guidelines I bet you will be thankfully But to follow his guide lines you have to do hardwork

[@aaryagurao5500]

Sir your videos are always amazing. I can get solutions for my problems through one video. Thank you so much for making such content.

[@debabratasi7915]

You are inspiring 🙏

[@stillunknown2659]

MUST WATCH VIDEO ! AMAZING ! GREAT !

[@ceoishere_]

I was ready for first 2 condition but after the third point. I realised its not worthwhile the risk. Thank you Sir. Better save the money and work on something small and slowly build it that will make me independent. Better take small skill courses that I actually need.

[@rajeshsahu5228]

Really very well explained . Thank you for such level of guidance ❤

[@sharjah81]

very educative (no pun intended :) ). an eye opener. I have a request, and a strange one: please include a background music in all your videos, even if it means the same track for all videos. they just take the experience of listening to another level.

[@rohanpatel4469]

Great Video ! Students need to understand the insights of paying back the loan beforehand

[@psychogaming5614]

thanku so much for this suggestions ❤️🤞🏻

[@AryanKhan-kh3zf]

Sir 25year se jiyada hai mera age sir

[@anuroopsahu4969]

In India to take an Education Loan you need to keep someone as your co-applicant and that can be only your family members. I have applied to all major banks and none of them have agreed for an unsecured option with only me as the financial co-applicant. So technically this doesn't seem possible sir. If you help in this regards.

[@Pesweed1111]

Bro can u tell me can I get an educational loan of 30 lakh with my mother govt employee as guaranteer and my property will also be in form of secured property

[@anuroopsahu4969]

@@Pesweed1111 Yes you surely can. Approach Govt. Banks. They have the best interest rates

[@nbfcloan5243]

8126880406 waatsap

[@samuraijosh1595]

@@anuroopsahu4969 But too much paperwork and other shenanigans tho.... Private banks seems to make the process simpler.

[@taranewar2868]

You will need a guaranter too.. If you take loan above 7.5lakhs from SBI.

[@hira_lal_chaudhary]

Thank you Sir, I know I am late to watch this video but I am not late for my career, I will always remember this video.

[@nadeemchitaliya9411]

Thanks for the video sir really appreciate that🌹🌹🌹

[@arnavbhardwaj7350]

Please Ankur sir reply whenever you get time as your advice is really valuable

[@FUNNYEDUCATION]

Love u sir, thank you so much ❤️❤️❤️❤️

[@rabjot2408]

I don't think that there is any other video which describe like this to take a bright step in our future thank.

[@vijiyanttanaji9800]

Thankyou very much sir for your guidance

[@Intrepid2703]

i am agreed with you. Importance of college is reducing day by day.

[@manishbakliwal6920]

Very good eye opener.

[@harishambhure]

Thank you for valuable points

[@sikanderjumma7687]

Sir awesome brain storming. Really mind opener. Thank You. Each and every word woth it

[@mayurdudhal4234]

Realy Thanks sir I solved my problems related my education loan I got Maharashtra top engineering collage name is COEP and I eligible for scholar loan SBI this scheme only provide for iims and iits and other top collages this list only 40 collages so thanks again sir your all condition satisfied me 🙃🙃👍

[@aravindsingh08]

Loved the intro

[@ankushpm4301]

thank you so much for a genuine words, finally it opened my mind what i need to do.

[@syednadimulhaque6746]

Wonderfully respected sir !! Nailed it❤❤

[@akshaymehta4574]

Firstly, I think it’s okay from financing perspective to get a loan on your dads property mortgage because 1. He can enjoy tax benefit. 2. Lower interest rate implies lesser burden. This is only if you are sure about repaying your loan back! I understand the risk but I think one should do the math himself/ herself!

[@ArshadKhan-pp8dd]

Very true sir, love from Qatar, 🙏

[@Aakash-ic9vq]

Thankyou sir. Today you have prove my decision was right that i said no to college i spend my time as an entrepreneur. I learn business practically. (in a wholesale market and stock market). Aur ab mai graduation apply krne ki soch rha hu to be continue with a young generation. If i apply for a loan now then i can also pay it back by myself without wasting any time or waiting for corporate job.

[@AjaySingh-pi5fk]

That something really special for today. Thanks for that sir. 👍👍

[@mini_vlog21]

really u are owsm sir😍😍

[@aryanvlogz5216]

Very informative video !

[@rabeeshkumargola9081]

thank you so much for this wonderful guidance, sir🙏

[@gauravsharma8886]

Like the simplicity of your explanation

[@ashutoshjohari3257]

After seeing the video I feel great that I have done my engineering degree in just 20000 rupees for not so great college but i have never heat and pressure of money That my other colleagues do feel

[@sky.1505]

I did engineering in 1500per year

[@vikaschauhan8559]

@@sky.1505 which college

[@sky.1505]

@@vikaschauhan8559 ld college of engineering,ahemedbad Average package is between 3lac to 10lac..but its worth it

[@inactive3287]

How much per semester

[@ashutoshjohari3257]

@@inactive3287 2500

[@letstalk90]

Sir.. What you said is correct if you are planning to do higher education. For degree most of the people need to take loan for tire 3 college also. In India a full time degree course is mostly mandatory to get a job. So if a person should not take loan then how he/she will complete graduation? For a fresher, degree from open University is almost a dead end.

[@sky.1505]

Go to government college

[@letstalk90]

@@sky.1505 do you think before write or simply put random comments ? Govt college is not for everyone seats are limited. Only a few percent of students get seats. This video is referring to mass then the solution should consider mass.

[@sky.1505]

@@letstalk90 bruh..there are many government institute you can complete your graduation in bsc and msc.. which required less percentage in 12th...also.. private universities take 22k-23k for bsc and msc...

[@aryn18s]

@@sky.1505 i think you are living on mars. It depends upon the course. But in private colleges the fee is 100k+ per year

[@theplanet-earth8628]

@@sky.1505 bruh fees in private college for bsc is above 1 lakh indian rupees per year....💀 And then hostel kharcha (1,50000 per year)+ other activities ...... Total cost for the course is 10 lakh + ....that's the reason loan is required cuz we can't rely on parents all the time ...and govt college conduct their own exam for admission and total seats are around 100 .......💀

[@banitaheera929]

Thanks a lot sir .... for a good suggestion

[@kanishkkaushal2219]

One of the greatest motivational video preparing you for your future

[@mayankkumar308]

Two months ago i was going to take loan for btech from a small private college but after thinking i cancelled the admission and now taking admission in IGNOU open University & going to do job & learning skills like web development online.

[@rajatj3920]

Also, try to learn Data Structures and Algorithms(DSA) and try to explore more based on your capacity and math. You can also check tushar roy and/or aman dhattarwal's channel you will get free content there on DSA Also, learn how to write clean code you can follow 'clean code by uncle bob' book or on KZbin you can search this title for videos also.

[@rajatj3920]

Best of luck!

[@garvitrajput5085]

@@rajatj3920 that was really helpful bro thanks and do mention any other good sources u know for coding or DS in genral

[@warikoo]

Awesome!!

[@rajatj3920]

@@garvitrajput5085 for DSA you can follow aman's channel (apna college) then practice because it is really important. So, learn the basics and try to practice on codeforces.com. You can follow errichto's channel for more. Math is also important if you're going to dive deep into DSA. MIT OCW has few courses on Mathematics and Computer Science. Try to explore more by your own.

[@avinashmulye3165]

very well explained

[@somishsingh1582]

Thank you so much sir for the great information...✨

[@kiuitsu]

Okay im watching warikoo for the first time and im truly glad I watched this video,rn im so confused and restless thinking about the education loan,too many questions on my mind. But you truly helped me,truly a gold video.

[@nandanasuresh7889]

I was literally confused for taking loan but now after watching this video I'm damn confident ......... Really thank you @warikoo

[@ashwanikalla335]

Thanks for Such Videos.....These Are Very Helpful.. Can you make Video on which school board we should choose for our kids and why...

[@aryanpandey1621]

Great Intro sir

[@AnjaliChauriya]

Sir your video is amazing . Thank you for such helpfull content 😄👍

[@Happysingh96]

Bhai loan ka to pata Nahi but your video has taught a life lesson. I liked that statement:- Irrespective of the profile we like or not, when loan is on our shoulder we are bounded to accept the job.

[@warik00]

🔝 Thank you for watching. Want more insights? Connect via the contact above for consultations and investments💼.

[@aakashtuteja2712]

It would be better if you don't put the background music. Otherwise your words are pure gold :)

[@SunmeetSinghSethi]

Agreed. Team Warikoo please note.

[@warikoo]

Ok done

[@durgeshsuwalka2686]

You are great sir🤘

[@uniteflyers]

Thanks sir for making it clear ✨

[@ayushahirwar9]

very well said sir.....If there is one loan in your life.... it should be education loan

[@rahul6581]

Loan Lene Ke Liye Call Karen,.

[@naman680]

Sir i want an personal advise regarding taking a education loan as i am having some different conditions i.e having the funds but wanted to manage it and invest it properly so i can properly manage my studies and finances.

[@dhiveshjoshi1950]

I took admission in NIT Jalandhar Instead of BITs ECE. As fees was half. Currently working as Developer and earning quiet well.

[@sahilthapliyal]

Ya man goverment collages are worthit

[@lini5360]

u perfectly explained the harsh reality !!

[@magnetedufacts7787]

Thankyou sir your experience is now working in my life to take dicision.🥰🥰

[@SudheerKumar-ik6dj]

It's like a motivational video

[@tempmail5655]

You said that "Don't attach your loan to anyone else (including parents)" , is that logically correct because when you go to any bank for your educational loan, you have to submit every asset that your parents own and you are (very) dependent on your parents. So how you (as a dependent being) going to convince the bank regarding the consequences of taking loan is up to you and not your parents .

[@samuraijosh1595]

I think he applied the American student loan system to Indian students, which obviously doesn't work.

[@scale...3d]

Thanks sir for making these types of videos. Really a treasure for children like me who want to know about how the world works. Really appreciate your work. Thanks again.

[@rahul6581]

Loan Lene Ke Liye Call Karen,.

[@scale...3d]

@@rahul6581 Abe ja na!

[@saifansari7250]

Allah aapko salamat rakhe. for shereing your experience.i also want to take education loan for doing b tech from top private college whose approx fee b/w 10-15lac.Thank you ❤️❤️❤️...

[@avinashjha9118]

Bhai mt lo education loan

[@imyasharya]

Thanks Mr Warikoo for letting me know the real reason to get into a college.

[@HemantKumar-2721]

Or kya haal chal bhai

[@imyasharya]

@@HemantKumar-2721 Are tum toh telegram wale ho na? Tum bhi loan ki jankari le rahe the youtube se 😁

[@HemantKumar-2721]

@@imyasharya Hn bhai but sahi nhi hai loan lena isliye hcl thik hai tum kya soch rahe ho

[@imyasharya]

@@HemantKumar-2721 I think the program does what a good college supposed to do. Isliye I'm in.

[@createromprince6649]

Amazing mentorship by this video

[@poojamishra1998]

Thanks you sir for giving us right advice

[@shahakshatdivyang]

Can you do a Part -2 of this video with Excel sheet by including some other expenses which also happens there ? it would be much helpful

[@AnuragKumar-pq5ih]

According to you for what all colleges we shouldn't take as many people go into tier -3 colleges , and I am also going in such should I take I now doubt about it can you help I am thinking of college in chandigarh (pvt.) With easy admission process. Plzzz do reply...

[@tanugupta5321]

Bsssssssss yahi video dekh kr mene apka Chanel subscribe kr diya🤗thank you so much sir ... Middle class logo ko right path dikhane ke liye 🙂 thanku so much I'm currently working job quit nahi kr skte and socha koi rasta mil jaye Main bhi loan ke liye apply krne ja rhi thi apni MBA persue karne ke liye.... Just apki video dekhi mene and now i deside... I'll do self study and going for a open course while job

[@jaiveersingh3015]

Thankuu so much sir for giving me the advise 😊❤

[@laf9089]

My parents are not on permanent jobs They both earn around 15000 per month together i got admission for PGDM in a decent college which has fees of 5 lakhs as I don't have that much money i went to the bank for 3 lacs of student loan and all the banks are not giving me student loan i really want to pursue my higher education but the situation is so horrible.

[@GA-ii7sb]

Did you got ???

[@ishanlashkari6104]

What are you doing now ?

[@rishabhgoyal9588]

Hey Ankur, the background music at some points is not feeling relevant to the video. Otherwise, thanks for the advise!

[@warikoo]

Removing it soon

[@vijiyanttanaji9800]

Yes , music is a little distracting , your voice is enough to keep us glued

[@saroneedas7912]

@@vijiyanttanaji9800 agreed

[@vanshupadhyay6289]

@@warikoo sir 6 months hogaye, ab toh hatado

[@dalembert8495]

@@1977sheeba 😆

[@AadhyatmkiAur-ly7iy]

Sir, As a mom I feel children need to learn practical life lesson first from "Warikoo institute-Your channel " and then dive into the reality. Your message was great 🙏

[@SscwalaAnkul]

Thank you sir this is very important vdo for loan taker

[@mrpadwalkar7499]

Sir,i want to perceive physiotherapy.. should i take a loan upto 4 lakh.....?... Is it worth

[@omkartale2252]

Hello sir, Do distance education effects on the future opportunities?

[@negi5772]

Distance education can kill your life and time

[@motivation..inspiration...4519]

Thanks you so much sir for giving best information ..for student loan

[@rahul6581]

Loan Lene Ke Liye Call Karen,.

[@tarannummirza]

Thanks sir 🙂✨ for good advice

[@APRAJITASINHA361]

Hi Ankur! What are your thoughts on getting for MBA with ISB during COVID and so the online classes?

[@siddharthagrawal9312]

College is more about sorrounding experiences less about knowledge . Whatever i have studied is of no use .