Moving abroad for your higher education opens several doors. You can gain access to highly-acclaimed and globally recognised programmes, or you may enhance your career prospects for the future. Irrespective of why you’d like to move overseas, there’s no denying that a study abroad loan can help you achieve all your dreams!
Once you start applying to colleges abroad, you may realise that there’s a lot of paperwork involved in securing an education loan. When you partner with us for an overseas education loan, you don’t have to do all the work alone. We’ll be with you at every step of the journey!
When you decide to study abroad, you have to worry about more than just your tuition fees. The cost of living in another country and buying your textbooks all start to add up. Before you even secure your admission, you must prove you have the funds required to pay for your student life abroad. With an Avanse study abroad loan in India, you don't have to worry about the costs. Our loan for Indian students to study abroad covers all your education-related costs, right from course fees to travel, books and learning devices. We also offer an education loan for abroad studies without collateral and with collateral. Whatever you need, we’ve got you covered!
As an education-focused organisation, we recognise all the hard work you put into achieving your academic aspirations. We offer preferential interest rates and other special privileges to high merit students applying for our loan for studying abroad.
Sometimes, you may need a quick loan to facilitate your admission process. That’s what our fast-track overseas study loan provides.
A pre-visa loan helps students fulfill their financial requirements to qualify for a student visa. At Avanse, we offer pre-visa loan to fulfill their academic aspirations.
We’ll sanction a student loan to study abroad so you can confirm your seat at your preferred university with ease. AFSL currently acts as a Corporate Agent of Pramerica Life Insurance Company Limited, ICICI Lombard General Insurance Company Limited, Edelweiss General Insurance Company Limited and Navi General Insurance Limited.
Most universities abroad require you to prove you have the funds to pay for your tuition and living expenses. We’ll provide you with the funds and the certificate to show the availability of funds.
Our partnership starts right from when you decide to get an education loan in India for study abroad. Our bridge loans help you with the cost of entrance exam prep and fees, applications, living costs and more!
Most young people today do not want to live their life with any boundaries or restrictions. They like to question what’s considered normal and hope to pave their own path in life. These young visionaries can benefit the most from our student loan for studying abroad. Enterprising individuals who seek more opportunities can head overseas and gain access to a plethora of educational options.
Moving abroad to study can mean a lot of financial stress on you and your family. Young people today do not want their parents to sacrifice anything for them. Instead, they fund their own education with a study abroad loan in India. By doing this, they get to live life on their own terms. With the help of our education loan in India for study abroad, they fund their own education and living expenses.
Sometimes, young individuals need a little help with the application paperwork for the course of their dreams. They may also need some financial assistance to take care of their living and other costs. With an education loan to study abroad, they can get the help they need without worrying about being a burden on their loved ones.
Are you applying for a study abroad loan? Find out more about the courses and institutions where we can help you finance your higher education!
If you’re considering an education loan for study abroad, you’ve come to the right place.
Look no further than our Avanse study loan for abroad. Our education loan for abroad studies offers the following benefits:
Here's how you can get your education loan for
study abroad application started:
Students can apply for a foreign education loan for graduate or post-graduate courses or other job-oriented professional or technical courses. The courses and the institute offering them must be approved by Avanse.
|2 Colour Passport-sized Photos|
|Date of Birth Proof|
|Proof of Admission|
|8-month Bank Statement|
Ideally, check which documents you need to submit and apply for the loan well in advance to avoid last-minute hassles.
Once we receive the application, our consultants will review it and get in touch with you if they require any additional information. If your application checks all our boxes, we will provide you with a formal Loan Offer letter. Here, we outline the loan amount you can get as well as a list of documents we require from you. You may use the loan offer letter to secure your seat at your preferred university or institute.
Once all the paperwork is ready, we will provide you with an education loan agreement. The agreement lists out all the terms and conditions. After you review the paperwork and sign it, we will disburse the loan amount via DD, cheque or electronic transfer.
|Description of Charges||Charges and Fees|
|Pre-payment charges||No pre-payment allowed within 6 months from the disbursal of the loan|
|Charges for late payment of PMII/EMI||2% per month|
|Cheque/ECS bounce charges (per bounce)||INR 500/- plus applicable GST|
|Document handling charges (during foreclosure)||INR 2,000/- onwards plus applicable GST|
Additional services, as required, will be charged at a nominal fee as per Avanse policy.
Minimum loan repayment tenure – 12 months
Maximum loan repayment tenure – 180 months (including the course duration)
We also offer a grace period of 6 months from the time you complete the course or a grace period of 3 months from the time you secure your first job.
Yes, you can apply for an education loan in India if you want to study abroad. Indian lenders have a list of approved countries, colleges and courses. They will issue loans if you have a confirmed seat for a recognised course at a reputed college and if you meet their eligibility criteria.
To apply for an education loan for abroad studies, you must be an Indian citizen over the age of 18, have a co-borrower who earns in India, and confirmed admission to the institution. Additionally, your co-borrower must be an Indian citizen who could be a parent, sibling, other blood relative or legal guardian. They should be the primary debtor and have a bank account in India that allows them to sign cheques.
While applying for a loan to study abroad, you need to provide course and fee details, your KYC and educational documents, your co-borrower’s KYC and income details, collateral documents in case of a secured loan and other relevant documents required by your financial institution. The type of document
To get a student loan from India for the USA, you must meet the eligibility criteria. You must have secured admission, be an Indian citizen over 18, and have a co-borrower earning in India.
The loan amount depends on your course fee and the potential costs of living abroad. You can use an online education loan expense calculator to understand how much you will likely require to manage comfortably.
Read about the success stories of students who have achieved their educational aspiration.
I liked the whole process of availing an education loan from Avanse Financial Services. I got a call from their representative, who took all my details before I met them. They guided me very nicely and my loan was approved the same day that I visited their branch office. Their education loan application process is transparent and hassle free.
While I was in the process of researching and shortlisting an education financing partner, I came across Avanse Financial Services. I got in touch with the team. They logged in my file the same day and collected my documents to initiate the process. The process was smooth and hassle-free. My loan was sanctioned and the college fee was paid on time.
Very happy with the way they deal with their client. The rating for their work is 10 out of 10. Their staff is very friendly and helpful. They were professional in their work that can’t be defined. They helped us and responded to our calls and messages frequently, which I would like to appreciate. Many things to say, but lastly, I will highly recommend Avanse to others. I also think they will always maintain this service.
After submitting all my documents, my education loan was sanctioned within two days. Thank you Avanse Financial Services for such an amazing and prompt service.
I really had a great experience with Avanse, when I opted for an education loan for PGPM. Avanse provided a tailor-made solution to me, and today I feel awesome because I am pursuing my dream. I thank Avanse for being so empathetic, courteous and most importantly, for being very cooperative and supportive through this entire procedure during the COVID situation. Every time I had an issue, they helped me and gave me the best possible solution.
I was in the process of availing an education loan to pursue my higher education in Canada. I got in touch with Avanse Financial Services; the sales representative got my loan sanctioned in no time and paid the course fee to my college. It was a swift and hassle-free process. I am very grateful to Avanse.
I approached Avanse Financial Services for my study loan. A special shout out to the Sales Managers, despite the challenging situation caused by pandemic, they not only helped me accomplish my dreams but were also available to answer the smallest of my doubts. Although we collaborated from different states, the team ensured the process was seamless. Needless to say I was given the best rates. Once again, thank you Avanse!
My education plans went through some last minute change, so I had extremely limited time to go through the whole process again. Hence, the lookout for an education loan provider that could sanction my education loan swiftly began. During that period, I got in touch with Avanse Financial Services. Their team understood my requirement for an unsecured education loan. They were not only quick to respond but also sanctioned and disbursed it in no time. Thank you!
A very big thank you to Avanse Financial Services. My experience with Avanse has been extremely smooth. The disbursement of my loan was super quick. I had a tight deadline for submitting documents for my visa. I needed to sort my university fees and take care of the GIC formalities. That’s when a friend of mine informed me about Avanse Financial Services. I got in touch with the team. Within a week’s time, my loan was sanctioned. I completed the visa application procedure within 10-15 days. Team Avanse guided me well despite everything being virtual due to the pandemic. My experience was completely smooth and hassle-free with my education financing partner.
I had a great experience with Avanse Financial Services. The staff is friendly and helpful. The team that handled my application did excellent work throughout the loan process, from documentation to final disbursement. I thank them for their help, guidance, and support. Everything was smooth and clear. Best education loan services. I strongly recommend Avanse Financial Services for an education loan.
I had a very good experience with Avanse Financial Services. The loan process was very smooth and easy. The terms & conditions and interest rates were good too. I am thankful to the team. Once again, I am very happy with Avanse Financial Services.
Thank you Avanse Financial Services for providing me an education loan. I applied to a few education lending service providers, but Avanse Financial Services was very quick. They were always available to help me and answered my queries. The process of applying for an education loan was smooth. Avanse is the best lending partner to get a loan.
While I was in the process of seeking a non-collateral education loan, one of my friends recommended Avanse Financial Services. On his advice, I got in touch with them. Their team assured me that my education loan would be approved. True to their assurance, my loan was sanctioned and disbursed in no time. I am overwhelmed with their service. Thank you, Avanse.
I had a very good experience with Avanse Financial Services when I opted for an education loan. They guided me through the whole procedure professionally. I’m very thankful to the team for helping me through the entire process. I highly recommend Avanse Financial Services to those who want an education loan.
My overall experience with Avanse was exceptional, and they are really good and fast at their job. The employees are really helpful and know the value of customers’ time. They are also good at maintaining a good relationship with their customers. I recommend them to everyone looking for an education loan. The sales representative helped me and completed the loan process within 2 days.
I had a good experience with Avanse Financial Services. My loan process was really quick. The team assisting me was really co-operative. I would recommend Avanse if you want to take an education loan as their process is very simple and you also get enough time to pay back your loan.
I have had an amazing experience with the Avanse Financial Services. The experience was smooth, and the people I was in touch with were super super helpful. My loan file was difficult, but the way they helped me out deserves appreciation. The team was in direct touch with me throughout the loan process and supported my case with all the possible means. I highly recommend Avanse Financial Services, and I am extremely delighted with my choice.
I got to know about Avanse Financial Services from my study abroad consultant. I got in touch with their representative. They were very professional, explained the entire Education Loan process to me. My loan was sanctioned and disbursed quickly.
I was looking for a collateral-free education financing solution. Most lenders were offering me a collateral based loan and also the amount that they were ready to sanction was not sufficient enough to manage my educational expenses. NBFCs like Avanse Financial Services evaluate a student profile thoroughly before sanctioning a loan amount and just not take a call based on financial background and collaterals. For instance, they evaluate which course or university you are going for, academic background, employability potential and many more such parameters. Team Avanse was very helpful and cooperative during the entire process. I had a smooth experience with Avanse in terms of availing a customized education financing solution. The loan amount will help me cover the holistic cost of my education. Despite the pandemic challenges, the team was constantly in touch with me and helped me complete the application process smoothly. I am happy to have Avanse Financial Services as my education financing partner.
My experience with Avanse Financial Services has been extremely smooth. The loan amount was sanctioned quickly, due to which I was able to begin my course within the stipulated timeline. The best part was, I didn’t have to visit the branch not even to get my disbursement. Everything was managed from the comfort of my home. I thank the team for guiding me through the processes and enabling me to start my course without any trouble, even during the most challenging phase.
The sales team at Avanse Financial Services was always available to assist me; they made my process of availing an education loan simple. It was a wonderful experience and within a week I was through.
Thank you Avanse for fulfilling my dream. You were my support pillar through my journey from India to Canada. I still remember the day I spoke with your team, they politely answered all my queries. I am happy in Canada pursuing Global Business Management and enrolled for my next course too... I really appreciate your services and support. I am a happy customer of AVANSE. Once again, thank you from my family and me.
While I was in the process of seeking an education loan, one of my friends recommended Avanse Financial Services. The team was very co-operative throughout the loan process and helped me thoroughly. The speed at which they got back with a sanction and the money was deposited in my account was unbelievable, quick and hassle free process. I am extremely delighted with the service provided.
I have been quite delighted with the support I got from Avanse. The process and escalation matrix is so well placed that my queries/concerns were addressed within 2 days. I have taken loan from other bank as well but I found Avanse to be better
As soon as I received my admission letter, I was on a lookout for an education loan. I came across Avanse Financial Services and got in touch with the team. They helped me thought the process, making it quick and hassle free; my loan amount was sanctioned in no time. Thanks to Team Avanse I will be flying out to Canada.
I was thrilled to receive my offer letter from the Algonquin College, at the same time concerned about paying my tuition fees. Team Avanse was very supportive, they understood my requirement, made my disbursement process smooth and I managed to pay my fees on time. Thanks a lot Team Avanse.
When most banks were taking time and asking for multiple documents, representatives from Avanse came home to finish the documentation and sanctioned the loan in less than 10 days.
Team Avanse are an experienced group of people, their skills and experience helped me a lot. They understood my requirement and offered the best possible solution to make my process of availing an education loan easy and quick.
I am happy to be associated with the Avanse family. I am thankful to Avanse for making my dream come true and helping me with all my financial needs. I really appreciate the efforts and hard work of the team for always being helpful and following up on me with my case. Thank you Avanse for all the efforts, help and turning my dream into reality.
I managed to apply for an Education loan from Avanse without any hassle. The team was just a phone call away at any time of the day. They hand held me through the process and helped me with a hassle free, quick sanction and disbursement.
It was indeed a great experience with Avanse. The service was excellent and the loan process was very smooth. The pre admission loan proved very beneficial for me to achieve my goal and get admit from the university I desired. It certainly helped me alot. Also the assistance and help provided by Suyog was admirable. Very greatful to the team of Avanse, keep up the Good work!
I did not know that it will be extremely difficult when it will comes to getting an unsecured loan. Just when I lost all hope, Avanse came to my rescue. Because of Avanse, I will be leaving for Canada to pursue my dreams.
I have been quite delighted with the support I got from Avanse. The process and escalation matrix is so well placed that my queries/concerns were addressed within 2 days. I have taken loan from other bank as well but I found Avanse to be better
The best part about Avanse is their door step service. The person collected all the documents and handed me the sanction letter. I visited their branch only one to sign the agreements and the disbursement was done. I was pleasantly amazed as it had take me a month to get my housing loan. Keep up the good work!
Without Avanse's help, the journey would've been very difficult. Avanse is by far the best company that can provide any middle class talented student an opportunity to fulfill her/his dreams. I totally recommend Avanse. Thank You Avanse, from the bottom of my heart, for giving us loan and making this journey worth.
I am a single mother working as teacher. Initially, I really struggled to get educational loan from other renowned banks for a huge amount with my single salary. They responded immediately and my application was processed in no time. I surely recommend Avanse to all those looking for financial support. Thank you Avanse for helping me to shape my daughter's life.
It was an wonderful experience with Avanse! When every other financial institutions neglected my loan it was Avanse who at last gave hope and sanctioned my loan which was a first step to accomplish my dream. I was happy with the service provided especially by Sathish and Naresh.
Avanse has been supportive and encouraging from the first day. They put the customer at ease with their guidance and positive vibes. Thank you so much for backing me up and the timely help that was very useful while applying for my visa. Avanse really assist in making my dreams come true.
Avanse is the best for helping students secure loans for their future endeavors. They are extremely much reliable, responsive and quick. The process was explained to me with utmost honesty and professionalism. I recommend Avanse to every person who is in need of financing.
When I started looking out for overseas education, it was difficult initially and my first application for a visa had also been rejected. I was worried and would usually not have time then since I was working. After contacting Avanse, they took care of the entire documentation end-to-end. Their door step service proved to be helpful and here I am studying in New Zealand. Thank you Avanse for your support! Couldnt have done it without you!
When we approached Avanse, the process was explained to me and my parents with utmost honesty and professionalism. The application was transparent and crystal clear. Avanse ensured that they put all our doubts and queries at ease. The turnaround time was amazingly quick. I was suprised that a loan can be availed so easily and quickly. Avanse never disappoints! Thank you Avanse for treating me as a student who is looking for quality education rather than just another customer!
Avanse is synonymous to 'great support' for me. When I was about to give up about studying abroad, Avanse arrived as a blessing! The team has been very supportive in my endeavour to get into an esteemed institution for pursuing my masters. At the end all I want to say is, "If a student is ready a helping hand always appears and for me that helping hand was Avanse.
The Streamlined process of Application, Verification and Timely Disbursement of the Loan Fulfilled my Dream of Higher Education. A big thanks to Avanse for the wonderful work they do!
it was a great experience while dealing with Avanse for my education loan. They provide quick response without making the customer wait. The ample amount of options available for repayment, rate of interest and other facilities is really laudable. Thank you for helping me pursue my dream!
I am thankful and delighted for the services rendered while the loan documents are processed. Your focus and approach to customer is highly appreciated. Keep it up for great future.
Avanse has always been so supportive for the financial support for my education expenses abroad. It is one of the most hassle free education loan providers in India. Avanse has a team of very helpful and active staff members! I am always thankful to the entire team of Avanse Financial Services Ltd. for making my higher education in United States dream come true! Thank you!
On behalf of my parents and as a candidate I would like to take this opportunity to extend my heartfelt thanks the entire Avanse team for arranging the disbursement of my loan at a very short notice. Our queries and qualms were considered and accordingly the product was offered which sufficed our needs. I look forward to such cooperation in the future as well.
I would like to thank Avanse for the prompt and sincere service provided. The positive attitude displayed by the staff while problem solving is really commendable. Avanse is highly recommended all those looking for good service and guidance while availing financial help.
I really have a great experience with Avanse, for my education loan. I was planning to pursue my Masters in Computer Science in the US and Avanse was there with a tailor made solution for me and today I feel awesome that I am really pursuing my dream. I thank team Avanse for being so empathetic, courteous and most importantly for being very co-operative & supportive through this entire procedure. I mean even any shortcoming I had on my side they helped me with that and gave me the best possible solution. Thank you Avanse, you guys really Rock!
I am pursuing my MSC in Ireland, when the call for funds came in I goggled for finding the best solution and that’s how I came across Avanse & I was like “can it be so simple!” As in, I was like, “let’s see”. So I met with an Avanse executive, to be honest I was impressed from my very first interaction with these guys. I must say the staff (Avanse) was very supportive, guiding me through every step of the process. Service was very good, it was hassle free process. I am really impress because education loan is a different thing altogether & it should be simple and that’s a key Avanse has struck. I am very much grateful for your help, in building my future & I will make most of it. Keep up the Good work Team Avanse
Thanks for sanction letter and completing all documentation formalities in such a short span of time. I appreciate clarity in communication, overall understanding and customer focus. I really appreciate high professional standard exhibited during entire process.. Keep it up..!!!
First of all, I would like to thank the entire team at Avanse. They are highly professional & one of the fastest processing loan institutions that I have known & today I can proudly say my son is going to complete his MS from United States University. Avanse was recommended to me by a colleague at work. So I approached them, I was guided very well by them through all the process and documentation requirements and the loan was processed to me within 20 days. I would also thank the entire team for the way they respect their customers & the consistency with which they ensure a hassle free education loan experience even through the legal and documentation aspects. I would call them the best when it comes to education loans.
My friend had advised me to take a loan from your institution. The first day when I had come to your office, you quickly took me through the procedure and documents I required to complete my application process. It was a quick process and it took around 7 days for the loan to be sanctioned from the time I first visited your office. There were a few problems while loan sanctioning but you made the process look so easy. It was a hassle free process after that and the loan was sanctioned for 30 lakhs without collateral and that is something really great. MS in US is a dream for candidates like me, who are not in a financial condition to support a huge amount of money. Avanse financial services is really helping out students and making their dream come true. If I get a chance, I will surely reach out to others who are interested in MS to get in touch with Avanse
It gives me immense pleasure to thank each one of you for the wonderful support you had extended while applying for an educational loan. I had completed my Masters Degree successfully with honors and at this moment I would like to thank you people who had helped me to achieve this milestone. Your team had certainly provided helping hand while approval of loan and disbursing the loan whenever its required. My parents frequently appreciated the friendliness and courage you had extended while clearing and re-paying the loan amount. I would recommend AVANSE educational loan to students who would like to pursue Masters Degree. Thanks for the wonderful support
We had an excellent experience with Avanse Financial Service. Our case was attended to on priority - documents were collected, processed and we received the disbursement in no time. Today also as and when we need help, the Avanse team is always available and takes our call promptly and answers our queries
I got to know about Avanse Financial Services from my education financing consultant. Their sales representative hand held me throughout the education loan process. Avanse is really the best in the country, the process was hassle free and smooth. My loan was sanctioned within a week.
While I was in the process of opting for an unsecured education loan, I came across many positive reviews about Avanse Financial Services. So I decided to connect with them through their website. Their representative contacted me and explained the entire process detailing every requirement to get an education loan. After that, I submitted all the requested documents, and my education loan was sanctioned and disbursed smoothly.
I was looking for an education loan, and that's when a friend recommended Avanse Financial Services. I got in touch with their representative; they virtually explained the loan application process, documentation, ROI and all the essential information. After that, I submitted all the requested documents via email and my loan was sanctioned quickly. I can say, ' It all happened in the blink of an eye.