Avanse Financial Services is one of India's fastest-growing education loan NBFCs, known for flexible eligibility and quick turnaround. They're especially preferred for Tier 2 colleges and students without top university admissions.
Key Features at a Glance
Interest Rate
10.50%–13.50%
Max Loan
₹2 Crore+
Tenure
Up to 12 years
- Flexible college list — not restricted to top-ranked only
- Collateral-free up to ₹40L
- Moratorium: course + 6 months
- Accepts working professional co-applicants easily
- 3–5 working day approval
Documents Required
- Admission letter from university/college
- Academic marksheets (10th, 12th, graduation)
- Co-applicant KYC: Aadhaar, PAN, Passport
- Income proof: Salary slips (3 months) / ITR (2 years)
- Bank statements (6 months)
- Fee structure / cost of education certificate
- Collateral documents if applicable
Why Apply Through Study LEAP?
As an authorised DSA partner, Study LEAP can:
• Submit your application with priority processing
• Negotiate your interest rate (we have volume relationships)
• Ensure zero document rejection by pre-checking your file
• Get you a decision in 3–5 working days vs 2–4 weeks directly
Our service is 100% free — lenders pay us, not you.