Our application process is as smooth as butter. It's fast, transparent and hassle-free, covering all your expenses right from entrance exam fees to your books!
Here's a simple 4-step education loan application process. You can now complete this education loan process online without stepping out of the comfort of your home. The 1st step of the student loan process is to apply online or you can visit our branch office too. 2nd step is to fill in your education loan details. 3rd step is to share the relevant documents with us to help complete your education loan procedure. If you tick all the boxes of our criteria, the process for an education loan will be complete, and your student loan will be disbursed. This is how easy the Avanse education loan process is!
Base Lending Rate
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate + Spread.
Our current Base Rate is 14.25% (WEF 01.05.2023).
The Spread is floating and is based on analysis of overall credit and course profiling.
Rate of interest on student loan will be floating in nature.
Interest is calculated using Simple Interest Rate with Monthly rest.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.