Understanding Our Process for Education Loan Approval

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 Study Loan Process

Step 1:

Apply Online

You can complete the online application or visit our nearest branch.

Step 2:

Provide Your Education Loan Details

Help us understand the required amount, your repayment tenure, and whether you will offer collateral.

Step 3:

Complete the Student Loan Process for application

Finally, share the relevant documents 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!

Call Avanse Toll Free at
1800-266-0200

Reach us online at
www.avanse.com

Fill in the loan application form

Loan counselling in
person or via phone

Collate all the
necessary documents

Loan sanctioned within 72hrs*

Loan sanction confirmation via SMS/email

Disbursement of tuition
fees & living expenses

Pursue your dreams

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 14.55% (WEF 01.12.2024).

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.