Building Education Infrastructure in India
At Avanse, we pride ourselves on being education financing experts. While we do a lot of work for deserving students, we also focus on strengthening the education infrastructure of the country to remain true to our commitment of democratising education and education financing. Approximately 500 million Indians are between the ages of 5 and 24 . And, each of them deserves unrestricted access to schools and educational opportunities that allow them to reach their full potential. So, we provide loans for educational institutions that allow them to build their infrastructure or facilitate the education of deserving students who may not have the means. We cater to more than just schools! Our financing options are for K-12 establishments, colleges, coaching and training institutes and more!
Our Offerings
We understand it isn't always possible to offer collateral against an education loan for private institute.
At Avanse, we provide both secured and unsecured loan options.
Unsecured Loans
Institutions that need working capital of up to INR 50 lakhs can enjoy our unsecured loan for educational institutions.
Secured Loans
When there's collateral available, we offer loans up to INR 5 crores to help institutions with:
- Construction to enhance their capacity
- Building renovations
- Development of technology and infrastructure
- Purchase of property or land
The Journey Towards Something Big Begins Today!
The Journey Towards Something Big, Begins Today!
Apply NowWhy Avanse?
Here are some reasons why you should choose Avanse as your loan for educational institutions partner:
Years of Experience
Avanse has been a pioneer in the education financing space for almost a decade. When you partner with Avanse for an education institution loan, you can rely on our years of experience and expertise.
Customisable Offerings
At Avanse, we offer financial assistance built around your needs. From loans for new educational institutions to financial assistance for students, we can offer exactly what you need.
Quick and Easy Processing
We believe in processing all loan applications as swiftly as possible. In most cases, you'll have an answer within a week. You won't have to wait for months to hear back about your loan status.
Cash Flow Based Underwriting
We offer an education loan for a private institute based on your actual cash flow. We don't need to see your assets or balance sheets. We're committed to helping you offer quality education to students across India!
Tie-Ups with Educational Institutions
At Avanse, we believe in offering every child an equal opportunity to achieve their academic aspirations. So, we tie up with educational institutions to provide continued financial support so they can reach out to more students.
Avanse Education Institution Loan Process
If you'd like to apply for an educational institution loan, you need to:
Submit the required documents and send us a cheque for the initial processing fee.
Let us assess your eligibility for an education institution loan.
Share additional documents, if required.
Let us complete our technical, financial and legal due diligence.
Receive the finalised sanction terms and pay the balance processing fee to receive the final sanction letter.
Execute the resolutions to receive your education institution loan amount from Avanse.
Our Social Impact
15,00,000+
Students
20,000+
Teachers
2,500+
Education Institutions
Documents Required for
a Loan for Educational Institutions
To apply for an educational institution loan from Avanse, you need to submit:
- The application form along with a photograph and a signature across the photograph
- Documents that confirm your ID and address
- Your organisation's trust deed, MOA, AOA, bye-laws, or partnership deed
- Certificate of registration or incorporation
- Approval from the AICTE, DTE, ICSE, CBSE or any other relevant authority
- Documents related to the primary and collateral security
We also require the following financial documents:
- Financial report of the previous 3 years along with the audit report
- Income Tax Returns of the previous 3 years
- Bank statement of the previous 12 months from the main operating account
- All loan sanction letters and statements since the organisation's inception
More Than Financial Experts
Everything we do at Avanse is motivated by a single purpose - to build better educational infrastructure and help every child enjoy quality education. So, we provide education institution loans to organisations hoping to develop bigger and better education institutes across the country. But, we like to go above and beyond. Apart from our loans, we also empower students in remote areas by helping cover the cost of their tuition. So far, we've reached out to over 5,000 adolescents from disadvantaged backgrounds.
We believe that education is for everybody and have helped differently-abled students complete their college education in India. At Avanse, we know that everybody is capable of achieving something great, as long as they have the tools they need! We also believe that good teachers are instrumental in providing quality education. Hence, Avanse helps train hundreds of women as teachers, enabling them to create a positive impact on the lives of others!
Frequently Asked Questions
It's okay to have questions, because we've got answers!
All education and training institutions in India can apply for an education institution loan to help with their capital and operational expenditures. Our loans benefit K-12 schools, higher education colleges, well-known training and coaching institutions, and companies that provide technology and material supplies to educational institutions.
If you do not have any collateral to offer, you can get an unsecured loan of up to INR 25 lakhs. The institute can use the funds as working capital.If you can offer collateral, we provide secured loans up to INR 5 crore. These funds can be used to enhance the institute's capacity, renovate an existing structure, develop the infrastructure, or purchase additional land or property.
We require two types of documents. Our general document requirements include:
- A filled-up application form with a picture and a signature across the photograph
- KYC documents that confirm your identity and address
- Either the trust deed, MOA, AOA, bye-laws or partnership deed
- The registration or incorporation certificate
- Approval from AICTE or ICSE or CBSE or another relevant authority
- Documents related to the primary and secondary collateral
Additionally, we require the following financial documents:
- Financials of the previous three years, including audit reports
- Income tax returns of the last three years
- Latest 12-month bank statement for the operating account
- All loan statements and existing loan sanction letters since inception
