University fee payment from India | Money Transfer from Delhi

University fee payment from India

In this era of digitalization, people depend more on internet banking and mobile apps and money transfer for education purpose from Delhi is gradually increasing in demand. Mainly for University fee payment from India, is in high demand as more and more aspirants are toiling in pursuit of a specialized degree and higher doctorates. The task of finalizing the decision to fly overseas, for pursuing once graduation isn’t an easier task, as the chances of risk and threats associated with it at its peak. Education from a foreign land helps our Student study abroad to exploit the best resources so as to acquire the benefits of international exposure. Improved knowledge of different cultures, associations with people from different nationalities, the familiarity with different languages will surely improve the standard of students studying abroad. But still, there are a handful of hurdles that could be well-tuned to make overseas education all the easier and pleasant experience to remember and share.

What are the prerequisites of educational remittance?

  • The amount should be for paying the fees of a university or college for the education
  • The sender should be a close relative of the student to do money transfer for education purpose from Delhi
  • The receiver should be a student of a University or college

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    Why students prefer to study abroad?

    • Enhanced career advantage
    • For being internationally competitive
    • Diversity of nationality
    • Better quality education
    • Flexibility in opting for quality courses
    • Guidance from elite professors
    • Attractive compensations or salaries offered for jobs abroad

    What are the documents required for outward remittance for a student study abroad?

    • The most important and mandatory document is your valid ID proof and PAN Card
    • Application Form
    • Passport
    • Air Ticket
    • Visa
    • Certificates relating to the qualifications
    • Admission Letter from overseas College/University/Educational Institution.

    What are popular ways to pay University fee payment from India?

    FCDD – Foreign Currency Demand Draft:

    • Simple methods to make money for overseas education to any other part of the world
    • A paper instrument in the form of a demand draft can be submitted to foreign banks and get the credit through the clearing process.
    • Almost all the demanded currencies can be taken as FCDD
    • This draft is valid for 3 months from the date of issue
    • It is mainly used for educations, Employment resolutions, Immigration, Visa fees, etc.

    TT (Telegraphic Transfer) – Swift Transfer

    • An electronic method of sending money overseas to be credited to the beneficiary’s account
    • It guaranteed speed in the remittance process and perfect security for your money
    • It is mainly used for educations, Employment resolutions, Immigration, Visa fees, etc.

    Swift transfers get direct credit to the bank account to make University fee payment from India and also to the student’s account.

    How much money transfer for education purpose from Delhi is possible?

    You might be sending money for University fee payment from India and that has the certain condition to be kept in mind which are

    • An amount of $ 250000 per Financial Year under the LRS scheme is permissible for a student studying abroad per academic year, to do Money transfer for education purpose from Delhi.
    • A student going from higher studies abroad can receive remittances up to $ 250000 per Financial Year under the LRS scheme Indian close relatives to pay University fee payment from India

    How can you do a Money transfer for education purpose from Delhi?

    • The best and most reliable method to send money abroad is through authorized dealers who have the license from regulators like the Reserve Bank of India for this facility
    •  Select the beneficiary and provide comprehensive, accurate details of him/her
    • Provide the right account details of the bank and decide the amount to be sent
    • Select the payment method that you want for money transfer for education purpose from Delhi
    • Give the transmitters address proof and information

    Apart from getting admission & scoring high, there are other priorities such as University fee payment from India specially for the purpose of tuition boarding and other miscellaneous expenses. Many simple and safe methods have come up for sending money to overseas Universities for education.

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      How much money can be taken as FCDD?

      • Send up to $ 250000 per Financial Year under the LRS scheme for education under the Liberalised Remittance Scheme as per RBI guidelines.
      • Transfer up to $ 250000 per Financial Year under the LRS scheme for investment, education and medical treatment, etc.

      What are the special requirements for GIC education payment?

      GIC of Guaranteed Investment Certificate is a Canadian investment offering a definite rate of return for a stipulated tenure with a low-risk profile.

      • The maximum amount of CAD 10200 for an academic year
      • The sender and receiver should always be the same student pursuing education.
      • The name of the student, ID number, and GIC is to be mandatorily mentioned.
      • Offer letter, student passport copy along with GIC Letter is required.

      Whom to contact for Money transfer for education purpose from Delhi at the best money transfer rate?

      If you are looking for a Money transfer for education purpose from Delhi, then please feel free to get in touch with us by visiting our website https://www.unimoni.in/ and put a query or chat with us at the toll-free number 1800 102 0555 or WhatsApp us at +91 9946086666 or mail us at customercare@unimoniindia.com.
      You can also visit any nearby branches of Unimoni in Delhi to avail of the best money transfer rate and instant money transfer from Delhi. Unimoni can serve you better with all the updated and customized services according to your need.

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