Avanse Education Loans, an education finance company promoted by Dewan Housing Finance Corporation (DHFL), has entered into Delhi market offering loans that will cover the full education cost at a special interest rate of 12.25 percent.
The company will sanction education loans in a maximum of 4 days and will cover 100 percent cost of education including living, travelling and other expenses. Students can benefit loans as high as Rs 1 crore or up to the maximum value required for the course.
The students can repay the loan through Avanse’s flexible repayment plans with repayment tenure up to 10 years (120 months). The education loan scheme will also provide students free international student identity card that will entitle them to various discounts and benefits in 106 countries worldwide.
Avanse is a Non-banking Finance Company (NBFC) regulated by the Reserve Bank of India (RBI).
