Education Loans
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NBFC
Avanse Financial Services
Avanse offers pre-visa, pre-admission and post-admission loans with rupee/USD disbursement options.
Interest
10.5%–13.5%
Max loan
₹175L
Non-collateral cap
₹60L
Tenure
12 years
Moratorium
12 months
Processing fee
1.5%
Type
Collateral + Non-collateral
Sample EMI (₹20L, 10y)
₹28,694/mo
Collateral rules
Collateral optional up to ~₹60L for premier universities.
Supported destinations
USAUKGermanyItalyCanadaAustraliaIrelandNetherlands
Eligibility
- Indian national
- 18+
- Co-applicant required
Application process
- 1Apply
- 2KYC & credit
- 3Sanction
- 4Disbursement
Documents required
- Passport
- Offer letter
- Marksheets
- Test scores
- Income proof
FAQs
Any special product?
Yes — pre-visa disbursement to support I-20/CAS.