Overview
Avanse Financial Services is a Non-banking Financial Company (NBFC). They offer education loans to students who want to pursue their higher studies in India or abroad. The company offers customized loan solutions for a wide range of courses and universities and aims to make the loan application process as smooth and hassle-free as possible.
Avanse financial services education loan for studies abroad covers 2000+ universities and colleges, and 27,000 pre-approved courses across 50+ countries. They provide pre-visa disbursement loans, pre-admission loans, bridge loans, fast-track loans, and score-based benefits, and ensure that the applicant faces no financial issues while studying abroad to elevate their career to the next level.
| Feature | Description |
| Loan Amount | up to INR 75 Lakhs |
| Rate of Interest | from 10.75% |
| Processing Fees | 1 – 1.5% |
| Processing Time | 4 – 10 days |
| Margin Money* | Nil |
| Moratorium Period* | Course Duration + 1 year |
| Repayment Tenure | 15 years |
*Margin money refers to the amount of money that a borrower is required to contribute towards the loan, while the remaining amount is paid by the lender.
Avanse Financial Services offers both secured and unsecured loans for study-abroad students. One of the unique features of Avanse is its customer-centric approach. Please note that if you are applying for a Bachelor’s course then the collateral is mandatory.
