Avanse Education Loan : How to apply for an Avanse 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 Avanse for all your education-related queries and we will be more than happy to help. Avanse also conduct regular webinars to guide our students and provide a detailed overview of foreign universities, courses and study destinations. Avanse understand your dreams and it will be an honour for us to lend a helping hand to you in achieving the same.

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.

The current interest rate for education loans in India is around 10% to 16.50%. However, it can vary from lender to lender. If you want to enjoy lower education loan interest rates, you can choose to provide some sort of collateral to secure your loan.

How to apply for an education loan?

The application process for an education loan differs slightly from lender to lender. At Avanse, we make the application process simple and quick. In fact, you are just 4 steps away from getting the necessary finance.

Step one is to reach out to us. To do this, you can visit our branch or our website. Then you will have to fill a simple form. After this, you will have to provide all your relevant documents. Once your documentation is done, your loan will be disbursed.

To make things easier, we also provide doorstep services for our educational loans. We will send one of our representatives to your home to help you fill all the forms and collect all the required documents. They will hand-hold you through the entire application process to ensure things are hassle-free and convenient.

What is the maximum amount I can get with an education loan?

This depends totally on your loan worthiness. Generally speaking, loan amounts easily go up to Rs. 50 lakh mark. However, lenders can provide even more than this. In some cases, they do so without any security as well.

To get a better idea of the loan amount you can get, it is best to use an education eligibility calculator. Or better, get in touch with or schedule a home visit – once we assess your needs & your financial capacity, we will be in a better position to ascertain the maximum loan amount you can get.