AVANSE EDUCATION LOAN FOR

ABROAD STUDY

GyanDhan: India’s first financing marketplace

 About Avanse
❏ Avanse Financial Services Limited is a new-age, education focused NBFC to
providing easy and affordable education loan options to young adults.
❏ Avanse’s study abroad loans cover 1,626 universities, 1,262 colleges, and more than
6,000 courses across 44 countries.
❏ They believe that sky is the limit for students, and hence, there should not be any
limit on their learning opportunities.
❏ They provide pre-visa disbursement loan, pre-admission loan, bridge loan, fast-track
loan, score-based benefits and ensure that the applicant faces no financial issues
while studying abroad and are able to fully focus on elevating their career to the
GyanDhan: India’s first financing marketplace
GyanDhan: India’s first financing marketplace
Avanse Education Loan :
Features
Features Avanse Education Loan Requirements

Nationality and Age Indian citizens of 18 years and above

Minimum: INR 1 lakh

Loan Amount Maximum: INR 40 lakh; though it can
be increased, depending on the fees

Margin Money None

GyanDhan: India’s first financing marketplace

 Features Avanse Education Loan Requirements

Education Loan Without Collateral or Both types of loans are offered, based on
With Collateral student’s profile

Interest Rate 11.75% to 16%

Not allowed for the first 6 months after

Prepayment disbursement but allowed any time
after that with no penalties

Min Tenure: 12 months

Education Loan Repayment Max tenure: 10 years (course duration
included)
6 months after course completion or 3
Repayment Holiday months after getting a job, whichever is
earlier
GyanDhan: India’s first financing marketplace
 Avanse Education Loan
Features
Requirements

Usually 1% of loan amount + GST,

Processing Fee
varies

Loan Tenure 10 years

Processing Time 5 - 7 days

GyanDhan: India’s first financing marketplace

 Eligibility Criteria

❏ The student applying for the loan must be an Indian Citizen and 18 years old or
above.
❏ The admission should be confirmed in the Institute before final disbursement of
the education loan.
❏ The student loan must be co-signed by a co-borrower in India who needs to be
earning.

GyanDhan: India’s first financing marketplace

 Loan Process

1. Online application at GyanDhan and uploading of documents/ free

doorstep document collection by the GyanDhan executive.
2. Processing and approval of the documents.
3. Sanctioning of loan and disbursal of payment.

To request a callback

GyanDhan: India’s first financing marketplace

 Documents Required
Applicant

❏ 2 Colour Photos
❏ Photo Id
❏ Residence Proof
❏ Date of Birth Proof
❏ Signature Verification
❏ Academic Documents
❏ Proof of Admission
❏ Fees Structure
GyanDhan: India’s first financing marketplace
 Documents Required
Co-Applicant

❏ 2 Colour Photos
❏ Photo Id
❏ Residence Proof
❏ Date of Birth Proof
❏ Signature Verification
❏ Bank Statement of 8 Months
❏ Income Proof
❏ Collateral Documents
GyanDhan: India’s first financing marketplace
 The GyanDhan Effect
❏ Low Turnaround Time - GyanDhan gets the Avanse loan approved in 5 days.
❏ Doorstep Service-To get an Avanse Financial Education Loan approved, you need
to only upload your documents on GyanDhan’s website. No need to go anywhere
physically. Apart from this, you get step-wise updates via notifications.
❏ No Cost to You - GyanDhan’s services for applicants are absolutely free. We do
not charge any kind of processing fees or commissions from the applicants.
❏ Higher Chances of Approval- In the case of any missing documents, property
issues or other problems, we approach Avanse Financial officials promptly to find
solutions. This ensures speedy resolution and significantly increases your odds of
GyanDhan: India’s first financing marketplace
GyanDhan: India’s first financing marketplace
 About GyanDhan
❏ GyanDhan is an education loan marketplace which aims to make higher
education accessible for every aspiring student, irrespective of their financial
background. We have partnered with chief financial institutions from India and
abroad and have been helping students to secure the best education loan for
abroad with the least amount of hassle in a shorter period of time.
❏ GyanDhan was awarded by the US State Department at the Global
Entrepreneurship Summit 2017.

GyanDhan: India’s first financing marketplace

 GyanDhan Tools
GyanDhan provides some tools for the benefit of students which include:

Estimate
Admit
Future
Predictor
Earnings
EMI
Calculator
University
SOP Review
Compare

GyanDhan: India’s first financing marketplace

 Other Sources
GyanDhan has various other blogs and presentations regarding Avanse education loan
on its website. The links to these sources are as follows:

❏ How to get an Avanse education loan quickly

❏ Education loans from NBFCs: Guidelines
❏ Top 10 educational loan details that you should know before applying
❏ What all do you need to apply for MS in Canada?
❏ Requirements to get admitted into an International MBA

GyanDhan: India’s first financing marketplace

 Contact Us

❏ Address: 1st Floor, 262, Westend Marg, Saidulajab, Saket, New Delhi, 110030
❏ Website: www.gyandhan.com
Contact@gyandhan.com
❏ Call us at:
● For loan : 9319431090
To request a callback

GyanDhan: India’s first financing marketplace