Empower Your Future with Avanse Education Loans

education loans

You’ve put in the effort to chase your dreams. Now, let us help you make them a reality with an education loan in India! With Avanse student loans, you can focus on your studies while we take care of the finances. Whether it’s school tuition, college fees, or skill-enhancing courses, our loans for students have you covered.

We’ve made the education loan application process super easy—just a few clicks and you’re on your way to apply for education loan! One of our loan consultants will personally guide you through every step. Need a face-to-face meeting? No problem! We’ll send an executive to help with all the documents needed for education loan. Because at Avanse, we’re more than just lenders—we’re your education loan India financing partner, every step of the way!

Dots Dots Left Circle
Dollar Icon

Easy Financial Planning

Plan your expenses better with a structured loan for education that covers tuition fees, living costs, and more.
Dollar Icon

Maintain Your Financial Independence

Focus on your education without putting financial pressure on your family. Our student loans in India give you the freedom to fund your dreams on your own terms.
Dollar Icon

Build Your Credit Score

Opting for a study loan in India, and repaying it on time, enables you to establish a strong credit history that you can rely on in the future while purchasing a home or vehicle.
Dollar Icon

Ease University Documentation

Many universities require proof of funds for admission and visa processes. Avanse provides the necessary documentation to support your journey.
Dollar Icon

Flexible Repayment Options

Choose from a variety of repayment plans that suit your financial situation, so you can repay your education loans at your own pace.
Left Circle Right Circle Dots

High Loan Amounts

Apply for loans for students worth up to Rs. 1.25 crores to help take care of all your education-related expenses.

Collateral-Free Options

We offer secured and unsecured student loans in India, ensuring every deserving student gains access to an education loan without collateral, if required.

Student-Friendly Interest Rates

Benefit from attractive interest rates with our best educational loans in India that enable you to focus on your education without worrying about your finances.
Student with books

Quick Sanctions

We process education loan paperwork as quickly as three days, fast-tracking your application for seamless admissions.

Comprehensive Support

Our experts will provide financial guidance, doorstep service, and other support to help you make informed decisions about your study loan.

For Students

  • Must be an Indian citizen aged 18 or above
  • Should have confirmed admission to a recognised institute before the final loan disbursal
  • Can apply for education loan to study graduate, post-graduate, or job-oriented professional/technical courses
  • The courses and institutes must be approved by Avanse

For Co-Borrowers

  • Must be an Indian citizen and a parent, legal guardian, sibling, or other blood relative of the applicant
  • Should have a stable income and a bank account in India that allows them to sign cheques
  • Will be considered the primary debtor for the educational loan
Dots Right Circle Right Circle
Step 1

Application Submission

Complete the online application form with accurate personal and academic details

Step 2

Consultation

An Avanse representative will contact you to discuss your requirements and guide you through the education loan process.

Step 3

Document Submission

Provide the necessary documents required for education loan, including identification, academic records, admission proof, and co-applicant details.

Step 4

Loan Sanction

Upon verification, receive the loan sanction letter outlining the terms and conditions.

Step 5

Disbursal

After signing and agreeing to the loan terms, the funds are disbursed.

Documents Applicant Co-Applicant Collateral
(If Applicable)
Valid photo ID
(e.g., Aadhaar, Passport, Driver’s License)
Proof of residence
Date of birth proof
Academic records
(mark sheets, certificates)
Proof of admission
Fee structure from the institution
Additional documents
(if applicable)
Income proof
(salary slips, ITR, Form16)
Bank statements for the last 8 months
Proof of relationship with the applicant
Additional documents
(if applicable)
Property documents
Insurance papers
Fixed deposit receipts
Ensure all documents for education loan are updated and authentic to facilitate a smooth approval process.
Use Our Education Loan EMI Calculator
Want an estimate of your education loan EMI? Let us know a few details and we’ll help you!
Annual Rate of Interest (%)
Tenure (in months)
Loan Amount ()
Total Loan Amount
17,91,720
10,00,000
Principal Amount
7,91,720
Total Interest
Dots Right Circle

The education loan in India process starts with identifying the ideal lender. Look for education-focused lenders like Avanse and fill out the form to apply for student loan. Once you share all the documents required for education loan and meet all the eligibility criteria, your loan will get approved and the amount will be disbursed.

When you opt for an education loan in India, you benefit from 100% financing. You get funds to cover your education-related expenses. Additionally, you enjoy student-friendly interest rates, flexible repayment options, and help with your application paperwork. A student loan in India is a fantastic way of earning a self-made badge and building a healthy credit score.

It will vary depending on the lender, and multiple other elements, such as the timely submission of the required documents. As a student-centric organisation, Avanse Financial Services provides quick sanctions within 3 days, provided you meet our preset eligibility criteria for an education loan in India.

When you have to start repaying your educational loan in India, you need to contact your bank. They can help you set up an auto-debit feature so that the monthly instalments get paid to your lender.

Yes, you can get an education loan in India without collateral. Before approaching a lender, you must decide whether you want a secured or unsecured loan for students. You may offer your residential property, life insurance policy, or non-agricultural land as collateral for your loan. Lenders will evaluate the collateral documents for the education loan in India and provide a loan amount and education loan rate of interest accordingly.

If you don't have anything to offer as security, don't worry! You can opt for a non-collateral study loan in India. When you partner with Avanse, you can get an education loan in India without collateral. After evaluating your previous academic records and your family’s financial history, we will offer you a security-free educational loan in India.

Although unsecured loans are available, you cannot get an education loan in India without collateral and without a co-applicant. When you apply for education loan, you must have a financially strong co-applicant or guarantor.

Many banks limit your loan amount when you choose to apply for an education loan in India without collateral. At Avanse, we evaluate each case and let you know the maximum loan amount you can take. We also have a handy loan for education loan EMI calculator that helps you understand the loan amount you can apply for without worrying about rejection.

Latest Blogs