We know that you have big plans and you just need the last piece of the puzzle - the finance - to fall into place. That’s where we come in. We provide education loans that are simple & cover all your education-related expenses. This allows you to spend more time focusing on your degree and less time worrying about how to pay for it.
Our goal is to make things easier for you. Whether you choose to study in India or abroad, you can count on our education loans to pave the way for you. With Avanse, all the tedious paperwork and the complicated formalities go outside the window. We hand-hold you at every step of the way, guiding you and helping you find the right financing solutions.
You can apply online with just a few taps and before you know it, you will be on the phone with one of our loan consultants, flying through the application process. If you feel more comfortable talking to someone face-to-face, just say the word and one of our executives will be knocking on your door, ready to help! With Avanse, you get more than just financial solutions – you get a partner for your educational journey!
We are committed to providing seamless and affordable education financing solutions to every deserving Indian student. We value every dream, and hence, we offer customized financial solutions to meet the unique financial needs of every student. So, you can benefit from all-inclusive services, right from 100% finance to the fastest sanctions and more, that will propel your academic journey to new heights.
Higher studies are expensive, especially if you are thinking about going overseas. This can force parents to exhaust their savings or liquidate their assets, just to cover costs. In such a scenario, our education loans offer an easy way of managing these expenses seamlessly. We provide end-to-end financial solutions to ensure that the lack of funds can never come in between you and your academic aspirations.
With Avanse, you get a friend in finance that allows you to fulfil your dreams, easily & independently. More importantly, you keep your savings intact & assets invested. There’s more – you will also build your credit score in the process, this can be super helpful if you ever need to apply for a home loan or a marriage loan in future. This is a perfect win-win scenario.
Families can save for contingencies like medical emergencies, retirement, travel plans, etc.
An education loan helps you cover costs on your own, earning you the ‘self-made’ badge.
Helps build a better credit score to ensure easier access & better deals on future loans.
Insulates you from the increasing cost of inflation & volatile exchange rates.
Provides proof of funds & living expenses as well.
Lastly, you get enough time to comfortably repay the education loan.
Applying to a college is not easy, especially if you’re going abroad. There are so many formalities involved
and you might have hundreds of questions relating to the admission process & your education loan. You can take
comfort in the fact that we are always here to help.
You can call us for all your education-related queries and we will be more than happy to help. We also conduct regular webinars to guide our students and provide a detailed overview of foreign universities, courses and study destinations. We understand your dreams and it will be an honour for us to lend a helping hand to you in achieving the same.
Your complete course fee, the cost of books, housing, travel and even the purchase of a laptop – our education loans cover all of this and more! Also, you don’t have to worry about providing any margin money!
No limit on the loan amount
Whether you choose to study in India or abroad, our education loans have got you covered! Get complete financing for your course fee, no matter how much it is!
Customized financial solutions
We understand that each student is different, that’s why our educational loans are tailored to meet your unique and varied needs.
Apply for an education loan from the comfort of your home. Get complete documentation assistance & enjoy a hassle-free application process.
Covering the cost of your further education with a student loan is the first step to financial independence. At Avanse, we make it easier to take this step by offering customized education financing solutions and easy repayment options that match your exact needs.
With Avanse, you are in safe hands! We are a Non-Banking Finance Company (NBFC), regulated by the Reserve Bank of India. We take great pride in the strong pedigree and proven track record of our shareholders – Warburg Pincus, a leading global private equity firm, holds 80% equity stake and International Finance Corporation (IFC), an arm of the World Bank, holds 20% equity stake in Avanse.
Total Student Support
We leave no stone unturned to help you achieve your dreams. Besides our education loans, we also provide financial guidance & other resources to help students give it their best shot!
Here is a list of some of the documents that you would need:
Do note that this is an overview of the documents generally required for an Avanse Education Loan. For a more detailed list specific to your needs, kindly reach out to us on email at firstname.lastname@example.org and we will be happy to assist you further
If you are looking for the best education loan in India, your search ends at Avanse. We provide numerous features that make it easier for students to pursue their dreams. Some of these features include:
To put it as simple as possible, the moratorium period of an education loan is the period of time between getting the loan and paying your first EMI. At Avanse, we offer a holiday period of 6 months after you complete your course or 3 months after you have obtained employment, whichever is earlier. During this time, you do not have to pay any EMI for your education loan whatsoever.
However, you should note that, though you are not expected to pay your EMIs during the holiday period, especially if you are a full-time master’s level student, it definitely makes more financial sense to pay your EMIs during the holiday period.
With Avanse, you can benefit from the education loan tenure of 120 months!
The processing fees range between 1-2% of the loan amount, depending on the case.
The interest rate on your loan is calculated as: Interest Rate = Avanse Base Rate + Spread. The interest rate varies depending on the factors like academic scores, entrance exam scores, university, course and more.
You can opt from multiple repayment options:
Yes, if you are able, you can definitely prepay your education loan, and charges for prepaying will depend on the prevailing policy of Avanse.
We cover the holistic cost of education. For example, you can get finance for the following:
So, as you can see, when you opt for a study loan from Avanse, you won't have to worry about any education-related expenses.
Margin money refers to a certain percentage that the borrower has to pay, while the rest of the amount is taken care by the lender. However, at Avanse, we do not require you to provide any margin money as our education loan provides 100% finance.
You have to pay regular EMIs until the total loan amount (principal amount + interest) is completely paid off. Education Loan EMI Calculator and Education Loan Repayment Calculator are some interesting online tools to help you make well-informed choices. These tools will help you determine your repayment capacity.
Avanse offers you convenient and hassle-free payment modes as below, which ensures that your loan is repaid easily: