NBFC
Avanse Financial Services Education Loan
Avanse gets you started faster—quick loan sanctions, 10.5% interest, and all the guidance you need to fund your education without delays.
Partner lender
Avanse Financial Services
Avanse gets you started faster—quick loan sanctions, 10.5% interest, and all the guidance you need to fund your education without delays.
Rate from
9.5%
Max amount
₹1.25 Cr
Collateral
optional
Processing
Processing Time
Key highlights
- Indicative rates from ~9.5% p.a. (profile dependent)
- Loan amounts commonly up to ₹1.25 Cr
- NBFC education loan options
- Confirm latest rates and eligibility with a Subraxo counselor before applying
Overview
Foreign education is expensive, and that's the same reason why we would require an education loan for it. Avanse gives student loans to top countries like the USA , UK , Australia , Germany , Canada , and many other countries abroad.
Eligibility
Avanse Education Loan Eligibility for students studying abroad Must be a citizen of India. Should be at least 18 years of age. Should have received admission into a recognized university abroad. Qualified for the relevant competitive exams like GRE, GMAT, IELTS, and TOEFL.
Documents required
Documents are a prerequisite to the loan process. Before starting the loan process, your documents must be submitted to Avanse. Keep the below-mentioned documents handy before the loan application. Below named ones are a few main documents. There are many other documents that you will have to produce. See the full list and never miss any document with our handy checklist of documents. S.No Documents required to apply for Avanse Education Loan 1. Completed Application Form from Auxilo (Or you can get it from Subraxo) 2. Admission Confirmation: Proof of acceptance into the university. 3. Passport Photos: Two recent passport-sized photos of the applicant, co-applicant, and guarantor. 4. ID Copies: Copies of identification like a Passport, Voter ID, Driving Licence, or PAN Card. 5. Educational Records: Your latest exam scores and entrance test results (e.g., CAT, GRE, TOEFL, IELTS, etc.) for course admission. 6. Financial Documentation: The financial documents of the co-applicants are crucial for Avanse unsecured education loans. Income Proof: Show your parents' or guardians' income by their last two years' tax statements. Financial Statements : Provide the last six months' bank statements or three months' payslip Course Expenses Plan: A detailed breakdown of expected course costs 7. Institute Brochure: Include a copy of the institute's booklet for accurate cost estimation.
Repayment
The Avanse education loan gives students a flexible way through which they can finance their education at various higher learning institutions. The following are the important repayment policies of the Avanse student loans, including the moratorium period and the repayment term. Understanding these details will assist in decision-making while borrowing an education loan from Avanse.
How to apply
Online application → document upload → underwriting → sanction → agreement → disbursal schedule aligned to fees.
FAQs
Does Avanse Financial Services fund living expenses?
Most abroad education loan schemes can cover tuition plus living and related costs within sanctioned limits. Exact coverage depends on the product and profile.
Last updated 23 Jul 2026. Figures are indicative and not a loan offer. Always confirm with the lender. Subraxo is not a bank or NBFC.