Avanse Financial Services education loan is a cutting-edge, education-focused NBFC on a mission that can provide seamless and inexpensive education finance to every qualified Indian student. Avanse Education Loan without collateral has assisted over 1,00,000 academic aspirants in over 50 countries, including India, the United States, the United Kingdom, Canada, Australia, Germany, and others, in achieving their educational goals across 12,000+ courses and institutes. They feel that talented young students deserve financial assistance in order to pursue their educational goals. The loans they offer are meant to make it as easy as possible for students to obtain Avanse Finance Education Loan services.
They offer a variety of services such as 100% financing covering the total cost of college at attractive interest rates, pre-visa disbursement, pre-admission loan, and scoring rate financing while making sure that the applicant faces no money difficulties throughout their course to help them advance their career.
Benefits Of Avanse Education Loan Without Collateral
1. Up to 100% finance.
2. Flexible options for repayment.
3. No margin money.
4. Express 1-day loan approval (urgent cases).
5. Customised education loan solutions.
6. Education loan that covers tuition cost, accommodation, Caution Deposit/Building Fund/ Refundable Deposit, travel expenses and other living costs associated with studying abroad.
7. No defined limit on the loan amount.
Benefits Of Getting Your Avanse Education Loan Through UniCreds
- Higher Chance Of Approval
You increase your chances of approval by applying for your student loans through UniCreds. Banks generally reject applications if they discover missing paperwork, ownership rights, or any other concern. With UniCreds, we will contact Avanse Education Loan officials right away to discover the best solution.
- Documents Can Be Submitted Online
With UniCreds, you may submit all of your essential paperwork from the comfort of your own home! There will be no need to go to the branch. Simply go to our website and upload all of the necessary paperwork. There will be no possibility of failing to submit a crucial document because our system is designed to ensure that all necessary documents are supplied. Notifications also provide you with step-by-step updates.
- No Cost To You
All UniCreds education loan services are completely free of cost.
- Quicker Sanctions
Our strategic partnerships ensure a low turnaround time. Expect to have your education loan processed and sanctioned within 5 days.
Features Of Avanse Education Loan Without Collateral
- Loan Amount: Up to ₹1Cr (Collateral) Upto ₹30Lac (Without Collateral)
- Processing Fee: 1.1% to 1.5%
- Processing Time: 3 Working Days
- Loan Tenure: 10 Years
- Repayment Holiday: For principal payment, 6 months after course completion
- Countries Covered: USA, Canada, UK, Ireland, New Zealand, Australia, Germany and others
- Payment Study Period: Simple Interest or Partial Simple Interest, depending on the student’s profile and the target course
Avanse Education Loan Eligibility Criteria
There are three things to consider while taking an Avanse Education Loan without collateral. Firstly, the student taking the study loan must be an Indian Citizen and 18 years old or above. Secondly, there must be confirmed admission to the Institute before the final disbursement of the education loan. Lastly, the student loan must be co-signed by an earning co-borrower in India.
Documents Required For Avanse Student Loan Without Collateral
UniCreds generates a personalized list of documents for students by analysing the student’s profile, the co-profile, applicant and any property/asset you may present as collateral. These are the documents that are required at a high level. Here is a list of some of the documents you will require:
1. Your KYC document
2. All your educational documents
3. The details of the cost of your course
4. The KYC of the co-borrower
5. The income documents of the co-borrower
6. Collateral documents
PS: If there’s anything more you’d like us to know about. Add it to the comments section!
Thank you for reading this blog on ‘Options With Avanse Education Loan Without Collateral’. If you’d like to read more, here are some blogs that might be of interest to you:
- MPOWER Financing Education Loan Options
- All About Prodigy Finance Education Loan Options
- Bank Of Baroda Education Loan Options