EDUCATION LOAN FOR STUDIES IN INDIA

Avanse Study in India Educational loan.

Now avail quality education and quality loans, close to home!

Before we tell you about our study in India loan, let’s test your general knowledge. Do you know which country has the highest number of universities in the world? Let’s give you some clues - it’s not America, it’s not Canada, not even Australia. Give up? It’s our very own, amazing, beautiful, and incredible India. With more than 8500+ colleges & universities, India surpasses even the US when it comes to the number of educational institutes for higher education.

What this means is that, no matter what you choose to study, there is always a good college to pursue your course from and it’s usually just a stone throw away from home, just like our branch locations. Avanse Financial Services has branches across the country where you can easily avail a study in India educational loan that provides up to 100% finance without any collateral or any limit on the loan amount. This sanctioned loan amount can be used for a variety of educational requirements including your tuition fees, purchase of study material, hostel stay, project expenses, travel costs, and so much more. With an Avanse study loan, there are no compromises.

And, that’s not all! We also provide customized study loans with the fastest sanctions and flexible repayment solutions. And for your added convenience, we also provide study in India loans with doorstep services! Because, if you do not leave the country to study, why leave your home to get a loan?

A study in India loan that is quick & hassle-free.

You can go through the application process and have the money you need to study in India, within just a couple of days!

Needed a loan yesterday?
Say hello to our fast-track loan!

A loan for Higher studies in India that is express processed, sanctioned & disbursed. Of course, this is subject to all necessary documentation procedures.  

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Know Your Loan

Eligibilty criteria
Eligibilty criteria
Loan Amount & Coverage
Loan Amount & Coverage
Loan Process
Loan Process
Interest Rates
Interest Rates
Security
Security
Disbursement
Disbursement
Services & charges
Services & charges
Repayment
Repayment
processing fees
Processing Fees
Document check list
Document check list
downloads
Downloads

Educational loans have many advantages!

The benefits of an education loan stretch far beyond the financing of your degree course. Let’s look at how opting in for a study loan will probably be one of the best financial decisions you’ll ever take:

Makes you financially independent

Makes you financially independent

One of the biggest lessons that an educational loan can teach you is how to be financially independent. Our parents do a lot for us throughout the formative years of our lives. When we grow up, it is imperative that we shoulder some of the responsibility for our own needs. As an adult, shouldering responsibility majorly involves taking care of one’s own finances. Taking a loan and paying for your own studies is the best way to get a hands-on experience of what it means to be financially smart and independent. Borrowing money and being responsible for paying it back teaches you many things about money matters such as EMIs, interest calculation, taxes, and so on. In this regard, an educational loan is designed to be easy to understand thus, they are the perfect type of loan product to start off with. Plus, you can proudly wear the tag of being a ‘self-made’ individual.

Builds a positive credit history

Builds a positive credit history

Study loans work just like any other type of loan when it comes to building your credit. Regularly paying the instalments on your educational loan will help you create and maintain a long and positive credit record. This credit history will truly come in handy throughout your adult life. Whenever you need to apply for any kind of financing, your already strong credit history will work in your favour. All thanks to your student loan! This means that when you actually want to apply for a home or a car loan, you will have a good credit record that shows you as a dependable borrower – a definite advantage over people who have never taken education loans at all. Plus, the fact that you already have experience with repaying loans means you will face absolutely no doubts with regards to managing future situations where you need to apply for financing.

Helps preserve family savings

Helps preserve family savings

One of the biggest plus points of taking a loan to pay for your higher education is that in doing so, you can save your family’s hard-earned savings for a rainy day. Building up a corpus of savings is no easy task. The expenses involved in raising a family and providing for their every need are humongous if one considers constant inflation. Yet, your parents have done that and so much more, while also putting away a bit of money every month for the future. Now, it is important that the family wealth is safeguarded for emergencies which can crop up unannounced. An education loan works to your advantage by helping you pay for the A to Z of your studies without having to ever dip into your family savings. So, whether you need a new laptop or funds for a field trip, let your study loan bear the expenses as your family’s precious funds stay protected. This kind of a benefit is truly worth its weight in gold.

FAQs about our study loans.

It is good to ask questions and we always have answers!

Even studying in India has become so expensive! Some students & parents resort to selling their assets, liquidating their investments or borrowing from friends & family. But we believe that the best way to cover your education-related costs is a study in India education loan. This is because:

  • You get 100% finance.
  • Your savings/investments stay intact.
  • Your credit score is greatly improved.

And if you choose Avanse, you get finance solutions that are tailored as per your needs. You also enjoy superb features such as collateral-free funding without any limit on the loan amount, fastest sanctions, flexible repayment plans and many more such amazing benefits!

So if you have big plans to pursue your education in India but you are worried about the cost, just relax, we have your back! Just get in touch with us and we’ll handle everything!

Yes, our study in India loans provide 100% cover for your academic expenses. For example, you can get finance for the following :

  • Course fees
  • Entrance exams costs
  • Purchase of laptop
  • Cost of study material
  • Any deposits payable

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.

We believe that dreams should not be limited by funds, or the lack of it. That’s why an Avanse study loan does not have any upper limit. However, the loan amount will depend on numerous factors such as your academic record, your co-borrower’s financial capacity, etc.

If you want a clearer idea of the education loan amount you are eligible for, you can use our eligibility calculator by clicking here. You can also visit the nearest Avanse branch office or contact us to schedule a doorstep visit

 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.

Our main goal is to make it easier for you to access a study in India education loan! That’s why we do not require any security/collateral to give you a loan. However, by providing collateral, you can greatly increase your loan eligibility and reduce your interest rates. Therefore, if you are able and willing to provide security, it is always better.

We provide education loans in India with a tenure of 120 months! This ensures that repaying a higher education loan becomes easy!

Here is a list of some of the documents that you will need for a study loan:

  • Your KYC
  • All your educational documents
  • The details of the cost of your course
  • The KYC of the co-borrower
  • The income documents of the co-borrower
  • Collateral documents.

Customer Reviews

Avanse Education Loan

Avanse Education Loan
product rating: 4 based on 665 ratings

Average user rating

4 / 5

Rating breakdown

5
80% Complete (danger)
78
4
80% Complete (danger)
54
3
80% Complete (danger)
59
2
80% Complete (danger)
29
1
80% Complete (danger)
>12

July 13, 2020
I think every student should use these education loan calculators. They helped plan my repayments and also find ways to save money through prepayments.

June 29, 2020
Thanks to the education loan EMI calculator I was able to plan my repayment and ensure there were no expected problems along the way.

June 19, 2020
Thank you to the Avanse team for providing a truly amazing education loan for abroad studies. Covered all my education-related expenses and also came with repayment plans to suit my needs.