Avanse is a Non-banking Finance Company (NBFC) and is regulated by the Reserve Bank of India. The company was conceived with the aim to fulfill the gnawing need for education finance at reasonable terms, thus enabling every student to pursue their right to an education of their choice and achieve their career goals. We at Avanse understand that merely a desire to grow or having an inherent potential is not enough to make your dreams come true. Each aspirant needs competitive, matched financing that will open up the microcosm of future prospects.
Besides, being an associate company of DHFL, Avanse also takes pride in the fact that the International Finance Corporation (IFC), an arm of the World Bank holds 20% equity stake in it. Over the years the company has catered to the aspirations of over 4500 students; Avanse has its presence in 21 cities and has financed students in more than 36 countries across the globe with a course diversity of over 1600 Courses through 866 Universities, representing the confidence of the Indian youth in fuelling their educational aspirations. The essence of brand Avanse stems from the unique understanding of a student’s need for financial assistance in pursuit of higher studies. The brand approach is to be student friendly in all aspects. At a product level, Avanse offers simple, flexible and tailor-made loan solutions. At the brand and service level, Avanse stands to be by a student’s side throughout the application and admission process and uses financing innovations to support the student throughout the student’s admission timeline. To sum it up, Avanse enables students to aspire beyond boundaries.
Availing education loans has been a cumbersome process. Most financial institutions offering loan services have not been student focused, many academic options are discouraged and the number of loan applicants far outnumbered the number of loans being issued. Besides, the loan amount offered by the financial institutions does not match up to the high cost of education in domestic as well as international education, especially when it comes to the professional courses. It becomes even more challenging for education abroad. Avanse democratized the entire process by making it simple, easy, accessible and student focused. It has brought to the students, the reassurance that finance won’t be a constraint in achieving their goals and fulfilling their dreams.
The brand has today enabled access to quality education to a large population of young deserving aspirers. Avanse seeks to empower student so as to make them independent and in control of their own destiny and career choices. With services like 100% coverage, sensitive solutions, door step services, guidance, flexibility in structure and payments, Avanse has redefined the concept of loans for its students.