About this app
The official Avanse app - designed exclusively for Avanse customers. Access and manage your education loan anytime, anywhere, right from your smartphone.
Log in with your existing Avanse credentials (CIF, registered mobile number, or email) to take full control of your loan on the go.
Why choose this app ?
Embark on your education loan journey with us as we truly understand the significance of your educational aspirations. At Avanse, we provide more than just funds; we offer a partnership dedicated to powering your overall success.
Key features of the app:
• View all your loan-related information in one place with a streamlined dashboard
• Easily request the tranche disbursement of your education loan in just a few taps
• Track the status of your tranche disbursement
• Check outstanding balances and repayment schedule
• Download important documents instantly, including account statements and amortisation schedules
• Receive real-time alerts for due dates and account activity
Our products and their features:
Student Loan International:
o Education loan up to INR 1.25 crores
o Sanctions within 3 days*
o Loan tenure up to 17 years
o Our student loan solutions cover the holistic cost of education, including tuition fees, travelling expenses, accommodation costs, living expenses and other education-related expenses. So, leave your finance-related worries behind.
o We offer both secured (with collateral) and unsecured (without collateral) student loans. You can choose between the two based on your financial requirements.
o You can pay EMIs of your student loans during the course or pay simple interest (SI)/partial interest (PI) during your study programme. Find a plan that suits you the best.
o We offer interest rates that start at 10%.
o Annual Percentage Rates ranging from 10% to 25% are offered, subject to the discretion of the Management on a case-to-case basis
Education Loan Domestic:
o Get access to loan amounts of up to INR 1.25 crores to meet your financial needs with ease.
o Want to meet the university fee deadlines? We got you covered as we process your student loans at lightning speed. Enjoy sanctions within 3 days*
o Loan tenure up to 15 years.
o Covers the comprehensive cost of education, including your tuition fees, living expenses and related costs.
o You can opt for secured or unsecured student loans as per your preferences.
o We offer interest rates that start at 10%.
o Annual Percentage Rates ranging from 10% to 25% are offered, subject to the discretion of the Management on a case-to-case basis
Educational Institution Loan: You can select from secured, unsecured and Receivable Financing Term Loan (RFTL) based on your financial needs and preferences.
o Benefit from the flexibility of a longer repayment tenure of up to 15 years, allowing you to manage your finances comfortably and plan your repayments with greater ease.
o Access substantial loan amounts of up to INR 10 crores, providing the financial support you need for large-scale institutional projects that require a significant amount.
o A straightforward and efficient process designed to function with minimal required documentation.
o Our interest rates begin at 11%.
o Annual Percentage Rates ranging from 11% to 25% are offered, subject to the discretion of the Management on a case-to-case basis
Illustrative loan overview:
To give you a clear picture, here’s an example that reflects our commitment to transparent and end-to-end support throughout your educational journey:
• Student loan amount: INR 20,00,000
• Tenure: 120 months
• Interest rate: 12%
• Monthly EMIs: INR 28,694
• Total interest: INR 14,43,280
• Total repayment amount: INR 34,43,280
Our financing solutions are crafted to help you achieve your academic aspirations, enabling you to focus on what truly matters to you - your education.
Need assistance? Please visit our website: https://www.avanse.com/
*Terms and conditions apply