Finance Your Study Abroad Dreams

Turn your international education aspirations into reality with Aavanto's comprehensive education loan solutions. Competitive rates, flexible repayment options, and hassle-free processing for your overseas studies.

Why Choose Education Loans for Abroad Studies?

Importance of Finance for Abroad Education

Studying abroad is a significant investment in your future that opens doors to global opportunities, world-class education, and international exposure. However, the financial requirements can be substantial, covering tuition fees, living expenses, travel costs, and more.

Education loans make quality international education accessible by providing the necessary financial support while allowing you to focus on your studies rather than financial constraints.

How Aavanto Supports Students

At Aavanto, we understand the dreams and aspirations of students seeking global education. Our dedicated finance team works closely with leading banks and financial institutions to secure the best loan options for your specific needs, ensuring a smooth and transparent process.

Global Opportunities

Access to world-renowned universities and international exposure

Quality Education

Study in top-ranked institutions with cutting-edge facilities

Career Growth

Enhanced career prospects with international qualifications

Cultural Experience

Immersive cultural experience and global networking

Comprehensive Loan Features

Complete Cost Coverage

Our education loans cover all aspects of your study abroad journey including tuition fees, accommodation costs, living expenses, travel expenses, insurance, and other miscellaneous costs associated with international education.

Flexible Repayment Options

Choose from various repayment plans that suit your financial situation. Options include EMI-based repayment, step-up EMIs that increase with your income growth, and bullet payment options for better cash flow management.

Moratorium Period Benefits

Enjoy a moratorium period during your course duration plus an additional 6-12 months after course completion or until you secure employment, whichever is earlier. This gives you time to establish your career before loan repayment begins.

Competitive Interest Rates

Benefit from attractive interest rates starting from 9.5% per annum with options for both fixed and floating rates. Special rates available for premier institutions and courses with high employability prospects.

Collateral Options

Loans up to ₹7.5 lakhs available without collateral for eligible students. For higher amounts, flexible collateral options including property, fixed deposits, or third-party guarantees are available.

Quick Processing

Fast-track loan processing with minimal documentation and quick approval. Our streamlined process ensures you receive loan sanction in the shortest possible time to meet university deadlines and visa requirements.

Eligibility Criteria

Student Requirements

  • Indian citizen between 18-35 years
  • Minimum 50% marks in qualifying examination
  • Secured admission in recognized foreign university
  • Valid entrance test scores (GMAT, GRE, IELTS, TOEFL, etc.)
  • Course duration of minimum 6 months
  • Age limit: Up to 35 years at the time of loan application

Co-applicant Requirements

  • Parent/Guardian/Spouse as co-applicant mandatory
  • Stable income source for minimum 2 years
  • Good credit history and CIBIL score (above 650)
  • Age limit: Up to 65 years for co-applicant
  • Income proof and employment stability documentation
  • No existing loan defaults or credit issues

Course & University Requirements

  • University recognized by UGC/AICTE/Government
  • Course leading to diploma/degree/post-graduate qualification
  • Technical/Professional courses given preference
  • University ranking and accreditation considered
  • Course curriculum aligned with career prospects
  • Admission letter with fee structure mandatory

Our Trusted Loan Partners

Leading Banks

Partnerships with top nationalized and private banks offering competitive rates and flexible terms

NBFCs

Tie-ups with reputed Non-Banking Financial Companies for quick processing and approval

Benefits of Our Tie-ups

Lower interest rates, faster approval process, reduced paperwork, and dedicated relationship managers

Special Rates

Exclusive interest rates and processing fee waivers for Aavanto students through our partnerships

Simple Application Process

1

Submit Enquiry Form

Fill out our comprehensive enquiry form with your personal details, course information, and financial requirements

2

Document Submission

Submit required documents including KYC documents, academic records, admission letter, and co-applicant details

3

Application Processing

Our team processes your application, conducts verification, and submits to partner financial institutions

4

Loan Sanction

Receive loan sanction letter with terms and conditions. Review and accept the loan offer

5

Disbursement

Loan amount disbursed directly to university account as per fee payment schedule and visa requirements

Required Documents

Student Documents

  • Passport and Visa documents
  • Academic transcripts and certificates
  • Admission letter from university
  • Entrance test scorecards (GMAT, GRE, IELTS, etc.)
  • Identity proof (Aadhar, PAN, Passport)
  • Address proof documents

Co-applicant Documents

  • Income proof (salary slips, ITR, Form 16)
  • Employment proof and experience certificate
  • Bank statements for last 6 months
  • Identity and address proof documents
  • Asset and liability statement
  • Relationship proof with student

Financial Documents

  • University fee structure and payment schedule
  • Cost of living estimates for destination country
  • Property documents (if providing as collateral)
  • Fixed deposit receipts (if applicable)
  • Insurance documents
  • Foreign exchange requirements

Frequently Asked Questions

The maximum loan amount typically ranges from ₹20 lakhs to ₹1.5 crores, depending on the course, university, country, and your financial profile. For premium institutions and high-value courses, higher amounts may be available.

Interest rates typically range from 9.5% to 15% per annum, varying based on factors such as loan amount, collateral, course type, university ranking, and your credit profile. Rates for collateral-backed loans are generally lower.

Repayment period ranges from 5 to 15 years after the moratorium period. The moratorium period covers the course duration plus 6-12 months post-completion. Longer tenure options may be available for higher loan amounts.

Loan processing typically takes 15-30 working days from the submission of complete documentation. For urgent cases with university deadlines, we expedite the process to ensure timely disbursement.

No, collateral is not mandatory for loans up to ₹7.5 lakhs for eligible students and courses. For higher amounts, collateral in the form of property, fixed deposits, or third-party guarantee may be required.

Loans are available for most recognized courses and universities worldwide. Technical, professional, and job-oriented courses are given preference. The university should be recognized by relevant authorities in the destination country.

Ready to Start Your Study Abroad Journey?

Take the first step towards your international education dreams. Our expert team is here to guide you through every step of the loan process.