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Submit your profile and loan requirements through our simple online form.
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Avanse Financial Services Ltd. is an NBFC (Non-Banking Financial Company) in India that provides student education loans to Indian students for pursuing graduate, postgraduate, professional, technical and abroad studies. Their loans can be customised based on student needs and repayment capacity.
Avanse loan amounts may be used to pay for:
Varies with loan type, security, and borrower profile
Domestic loans: ~9.5% p.a.
International loans: ~10.25% p.a.
One-time fee of approximately 1%–2% of the loan amount
Prepayment may be allowed; charges depend on the loan case and applicable terms
Moratorium period & repayment structure vary based on the loan agreement
Check the required documents for the applicant, co-applicant, and collateral (if applicable).
| Documents | Applicant | Co-Applicant / Parent / Guardian | Collateral (If Applicable) |
|---|---|---|---|
| Proof of Identity | Aadhaar, PAN, Passport, Voter ID, Driving License | Aadhaar, PAN, Passport, Voter ID, Driving License | – |
| Proof of Address | Aadhaar, Passport, Utility Bills, Bank Passbook | Aadhaar, Passport, Utility Bills, Bank Passbook | Property Documents |
| Proof of Admission / Bonafide Certificate | Admission Letter, Bonafide Certificate | – | – |
| Academic Records | 10th & 12th Mark Sheets, Graduation Mark Sheets | – | – |
| Income Proof | – | Salary Slips, Form 16, ITR, Bank Statements | – |
| Collateral / Security Documents | – | – | Property title deed, Encumbrance certificate, Property tax receipt,Valuation report (bank may arrange) |
| Passport-size Photographs | 2–4 photos | 2–4 photos | – |
| Loan Application Form | Filled Loan Application Form | Co-applicant signature if required | – |
PayStudy provides one-on-one assistance through loan experts who help you:
This reduces mistakes and increases your chances of approval.
Instead of navigating the application alone, PayStudy helps you:
This often leads to quicker processing and faster sanction letters.
PayStudy gives you a personalised document checklist tailored to Avanse’s exact requirements, avoiding generic lists and incomplete submissions.
This saves you time and avoids back-and-forth confusion.
PayStudy guides you through each milestone until funds are released.
Make informed decisions instead of accepting the first offer.
PayStudy ensures you clearly understand the terms and avoid surprises.
Crucial documents for visa submissions and university confirmations.
Visit the PayStudy website and fill out the online loan application form with:
This creates your student loan profile in PayStudy’s system.
Once your profile is submitted, PayStudy evaluates your eligibility across multiple lenders (including Avanse) and provides pre-approved loan offers tailored to your profile—showing likely loan amounts, interest rates, and repayment terms.
This saves you from manually checking each bank or NBFC.
PayStudy helps you prepare all required documents, such as:
All documents are verified and formatted correctly to avoid delays.
This process minimizes delays and errors.
After approval, you receive a sanction letter detailing:
PayStudy helps you understand every section before signing.
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