- This topic has 4 replies, 4 voices, and was last updated 1 year, 2 months ago by
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SI’m posting on behalf of a close friend who’s currently pursuing MBBS from a reputed college in India. He lost his father in 2019, and since then, he’s been managing things on his own with limited family support.
Here’s a quick background:
* After his father’s death, they had ₹25 lakhs in liquid cash, which he invested back in 2019.
* Other assets include an LIC policy, a piece of land, and a shop.
* The college fee is ₹16 lakhs per year.
* His plan was to sell the land/shop over time to fund the rest of the MBBS fees, but unfortunately, there are no buyers—even after continuous efforts.**The issue right now:**
* He needs to pay ₹8 lakhs for the current semester.
* The last date for payment was in March. Since then, a **1% fine per day** is being added (₹8,000/day). After 15 days, it increases to **2%**, and so on.
* As of now, **he only has ₹3 lakhs** in savings.
* He approached banks for a loan, but they declined help since the deadline has passed. They said they could help next year.
* He can’t pawn gold or take similar actions as it requires his mother’s permission—and she has a heart condition and can’t handle the stress.
* On top of this, there’s an ongoing **court case** in the family that costs ₹3 lakhs per hearing.He is in **urgent need of ₹5 lakhs**, and he’s **willing to pay any reasonable interest** or sign any formal agreements. This is a genuine request to save his education and future. He’s already mentally drained and desperate.
**Please suggest any possible options or connect with someone who might help.** Even leads for private lenders, NGOs, education-related financial support, or crowdfunding platforms will be appreciated.
Thank you for reading and helping 🙏
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QMan, talk to the college or University, speak to professor, seek some concession as you don’t have parents. They will definitely give you some concession. Meantime, Apply for a Education loan.
You can available personal loan as well from reputed bank or educational loan.
Don’t take loan from random apps, you would be screwed.
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