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Interest-Free* Loan Application

Imp Note: 

  • Before you start submitting this form, make sure you have collected all the required info, documents, referral letters, etc.
  • If you are already in the US, make sure you have created Zelle ID and linked it to your bank account (https://www.zellepay.com)

*I will refund this amount within 12 months after completion of my course. Otherwise, I understand that the loan amount may attract the interest of @8% per annum.
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Student Information


Date of birth*
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Include country code e.g. +1 111-222-3333 or +91 987-654-3210
Don't use your college/school ID. Use your primary id. (you will be using this id in the future too after you graduate, etc.)
Once you are in the US, open your account in any US bank and link Zelle with that bank's account. (More info: https://www.zellepay.com).

Your US Address (If you are in the US)

Your Parent's/Guardian's Info

Include country code (Ex: +91 for India or +1 for US)

About your Degree


Expected Start date*
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Expected Graduation date*
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References


Reference in USA (MMNA Life Member)
(You will also need to attach a signed reference letter from this person below in the Attach Documentation section.)
Ex: Friend, Mama, Mami, Chacha, Chachi, Uncle, Aunty, etc.
Use this map to get the chapter name as per the state: https://www.mmna.org/chapters/

For the student from India/Abroad: We prefer this person to be a local Maheshwari committee member or office bearer

If the student is in the US, you can get a reference letter from any local chapter MMNA member.

Please provide the following details in the field below:
Full name: 
Address: 
Title/Position: 
WhatsApp Mobile # (with country code): 
Email: 
Note: You will need to attach a signed reference letter from this person below in the Attach Documentation section.

Your Social Info


 

Any other site/profile which you would like to share. e.g. Personal Blog, Github, Stackoverflow

Attach Documentation


Make sure that all your files are in PDF format and name the files in format <First Name>-<Last Name>-<Docuement Type>.pdf i.e. Rahul-Bajaj-PassportVisaI20.pdf. Please combine various documents into one single PDF file using free PDF merging application.

Please attach one combined PDF file, which includes:
Students outside the US:
1. Copy of Passport (First page and Last page with Address)
2. Copy of your US VISA in your passport
3. Copy of I-20 provided by your School / University

Students US resident:
1. Copy of US Driving License or Government Photo ID
2. College acceptance letter
Please submit an essay about yourself and include topics such as:
- Your future goals and career plans
- Your social association with a Maheshwari/Rajasthani community or a cause
- Justification for requesting educational loan and how are you planning to finance the education & related expenses

Also, please include your resume and include all your academic and professional achievements and certifications.
Please attach a PDF formatted file only.
Please attach 2 (TWO) reference letters: 
1: Signed letter OR email copy from the MMNA Life member who is referring you. 
    - Ensure the life member mentions that "In case the loan is overdue and needed, s/he will help the Education Committee to send the reminders and reach out to me".
2: Signed letter from your local Maheshwari committee member (for India/abroad students) OR MMNA US chapter member (if the student is in the US).
Combine both letters into one single PDF file. 
If you are not submitting TWO reference letters as mentioned, your application will be rejected. 
Include any special instructions or comments
Agreement*

Declaration


I hereby confirm that all the details stated above and, in the attachment, along with this application are correct. I also understand that financial assistance provided by MMNA is an interest-free (0% interest)* loan for pursuing higher education.

*I will refund this amount within 12 months after completion of my course. Otherwise, I understand that the loan amount may attract the interest of @8% per annum.

Processing the loan application, verification, and transfer of the funds, may take up to 4-6 weeks. 

I will also keep the MMNA Education Foundation office bearer informed about the progress of my studies and keep in touch with the local MMNA Chapter.

On a friendly note, it is important to recognize that MMNA is a non-profit organization, and all individuals involved in this initiative volunteer their time alongside their full-time jobs or businesses. Your cooperation and understanding are greatly appreciated as they strive to deliver the best possible service.