Education Loan From Avanse For Study Abroad

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STUDY ABROAD EDUCATION LOAN

STUDY IN INDIA EDUCATION LOAN

Interest
Rate

Loan limit	Interest Rate
Above 1 Lac	12-14.5%

Loan Amount &
Security

Secured	Unsecured
Above 30 Lac	Upto 30 lacs

Charges &
Repayment

Processing fees	1-2% of loan amount
Pre payment charges	No prepayment allowed in first 6 months
Late Payment	2% per month
Repayment period	Upto 10 years
Moratorium period	Study period + (6 months if unemployed or 3 months if employed)
Repayment types	Partial interest during course period, EMI payment during course, EMI payment after moratorium period

Eligibility
Criteria

Indian National
Admission confirmed
Must have an earning co-borrower in India

Key Benefits &
Coverage

financing	100%
Course covered	courses offered by reputed universities outside India
Expenses covered	100% tuition fees Upto 75% of living cost not exceeding 20% of total tuition fees. Travel expenses upto 75000

Required
Documents

	Student	Co-Borrower
KYC	Aadhaar 2 passport photo Passport residence proof	Aadhaar & Pan card residence proof 2 photo
EDUCATION	Admit letter cost of study statement X & XII mark sheet	---
INCOME	Pan card 6 months bank account statement	8 months bank account statement ITR of last 2years /form 16 last 2 year/salary slip
SECURITY	---	Collateral documents

Mr. Nitish Dubey

Email ID: care@credenc.com

Phone No.: 1800 121 0057

Address: Ground Floor, Building-10, Tower-A, Cyber City, DLF Phase 2, Gurugram, Haryana 122002

Registered Office :

2nd Floor, DLF Centre, Sansad Marg,
New Delhi – 110001

Corporate Office :

Ground Floor, Building-10, Tower-A, Cyber City, DLF Phase 2, Gurugram, Haryana – 122002

CIN No. - U74999DL2017PTC319926

Lender	Name	Interest Rates Offered*	Contact Details	Recovery Practices
	Capital India Finance Limited Link: https://www.capitalindia.com/	10% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)