Eduvanz- Quick education loans

3.5
7.86K reviews
1L+
Downloads
Content rating
Everyone
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image

About this app

About this app

Need a loan to pursue a course or to purchase a device/vehicle to facilitate earning? Eduvanz Financing Pvt. Ltd., is an RBI-licensed and regulated NBFC and fintech platform trusted by millions of learners, for education, vocation and ancillary finance-related needs.

Get a quick loan between 15,000 to 10,00,000 INR instantly to begin your learning journey. Our loan process is 100% online, making sure your time, and effort are kept to the minimum.

With minimum documentation and quick disbursals, we ensure you enjoy access to quality courses from our 1000+ educational partners and merchants across India.

Don’t wait! Hit the install button to start the process today.

Interest Rates – 0% - 36% p.a

Tenure – 3 months - 84 months

Annual Percentage Range – 0% to 70%

Processing Fees – 0% - 5% excluding govt charges

Why Eduvanz:

Get Instant Approval: Know your approval status in seconds

100% Online Process: Submit your application form via mobile app or website

Student-Friendly: Low-cost loans + flexible tenures + no hidden charges

Our Lending Partners:

SMFG India Credit Company Ltd. (Formerly Fullerton India Credit Company Ltd.)

Aditya Birla Finance Limited

Piramal Finance

Types of Offerings

No-cost and Low-cost end use defined EMIs for Education (K-12, Test Prep, Degree)/ Skilling fee financing segments with tenures up to 84 months for loan amount up to INR 10,00,000

No-Cost and Low-cost end use defined EMIs for learning devices and other ancillary needs such as hostels, travel, accommodation with tenures up to 24 months for loan amount up to INR 3,00,000

Example:

No-Cost EMI

Loan Amount/Product Value: INR 100,000

Tenure: 12 Months

Interest Rate Paid by Borrower: 0%

Interest Rate Paid by Merchant: 19.91%

Processing Fee: INR 1,180 (1% of Loan Amount + 18% GST)

Amount Disbursed to merchant: INR 90,000

EMI: INR 8,333.33 (To be rounded upto nearest whole number)

Total Interest Amount: INR 10,000

APR (IRR Method) – 22.10%

Total Repayment Amount (excl. processing fee) : INR 100,000



Low-Cost EMI

Loan Amount: INR 90,000

Tenure: 12 Months

Interest Rate Paid by Borrower: 19.91%

Interest Rate Paid by Merchant: 0%

Processing Fee: INR 1,062 (1% of Loan Amount + 18% GST)

Amount Disbursed: INR 90,000

EMI: INR 8,333.33 (To be rounded upto nearest whole number)

Total Interest Amount: INR 10,000

APR (IRR Method): 21.88%

Total Repayment Amount (excl. processing fee): INR 100,000



Top Features:

Over hundreds of verified training partners

Select from the best in-demand skills

Easy and convenient loans starting at no-cost EMI

Eligibility

Citizen of India

Must be above 18 years old

Steady monthly Income

Must Satisfy KYC norms as per the Reserve Bank of India guidelines

Steps to avail a loan

Install the Eduvanz app

Sign up using your basic details (Mobile Number, Name, E-mail ID)

Fill basic information

Upload required documentation

Queries

Mail: support@eduvanz.com

Phone: 022-4973 3624 / 022-4973 3674

Connect with us at

Facebook: https://www.facebook.com/EduvanzFinance/

Twitter: @Eduvanz_Finance

LinkedIn: https://www.linkedin.com/company/eduvanz/

Instagram: https://www.instagram.com/eduvanz_finance/
Updated on
2 May 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region and age The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Location, Personal info and 4 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

3.5
7.8K reviews
Madhu Kinnera
19 April 2024
Why You Need Permissions like CAMERA,CONTACTS to pay my emi amount these permissions are no way related to the app, as a android developer i can understand why you are requesting for these permissions. Better you will keep these permissions optional but you made these unrelated permission mandatory.
10 people found this review helpful
Eduvanz Financing Pvt. Ltd.
22 April 2024
Hi Madhu, we regret the inconvenience caused. To help us understand the problem in detail, please share your contact details at escalation@eduvanz.com. We would be more than happy to assist you - Team Eduvanz.
Pratik Gaonkar
6 May 2024
Nice customer service.. Helpdesk team Pratik karpe is very helpful and provide quick solutions to my query. Happy customer!!
1 person found this review helpful
Eduvanz Financing Pvt. Ltd.
7 May 2024
Hi Pratik, appreciate your feedback, we are glad that we could help.
Jugal Das
10 May 2024
Most worst app i apply a loan almost to days ago but till now no update and no response from customer service. Most worst app
Eduvanz Financing Pvt. Ltd.
13 May 2024
Hi Jugal, we are unable to locate your application id with your name. Could you please share the application id at escalation@eduvanz.com for us to look into the same. Seems the Application is incomplete and hence it is not showing in our records.-Team Eduvanz.

App support