Avanse Financial Services Introduces Avanse EdSure & Avanse EdSure+

Avanse Financial Services Ltd, an education‑focused non‑banking financial company (NBFC), announced the launch of two new student‑centric loan protection offers – Avanse EdSure and Avanse EdSure+ – aimed at enhancing confidence for Indian students pursuing higher education abroad.

Avanse EdSure

  • Available to all borrowers at no extra cost.
  • Provides a 30‑day “look‑up” period after loan disbursement during which the student may return the entire loan amount.
  • If the loan is returned within this window, all interest accrued is reversed and there are no cancellation charges; the disbursed principal is returned with zero interest.
  • Applicable to overseas higher‑education loans for the United States, Canada, Germany and Australia.

Avanse EdSure+

  • Extends the baseline 30‑day look‑up period by an additional 30 days, giving borrowers up to 60 days to return the loan.
  • The extension is triggered only in the event of a visa refusal.
  • To opt‑in, borrowers must pay a subscription fee of ₹9,999 plus GST and a processing fee of at least 0.45 % of the sanctioned loan amount plus GST, both payable upfront.
  • Upon return within 60 days, the borrower is exempt from capitalised/compounded interest for the entire period; however, the borrower incurs the simple interest paid during the extended assurance period, and only the balance interest accrued during that period (the capitalisation portion) is reversed.
  • The same four destination countries – US, Canada, Germany and Australia – are covered.

Offer Duration

Both Avanse EdSure and Avanse EdSure+ are limited‑period offers and will remain available until 30 September 2026.

Executive Comment

Mr. Amit Gainda, Managing Director & CEO of Avanse Financial Services, stated: “We know how much emotional and financial investment goes into planning an education abroad. The students deserve a financing partner that stands by them throughout their academic journey. True to our commitment, ‘Avanse has got you covered’, we launched this industry‑first offer to give customers complete control over their education financing. We want students to focus entirely on the excitement of their upcoming academic journey, knowing they are backed by the ultimate financial flexibility.”

About Avanse Financial Services

Avanse Financial Services Ltd offers loans across three key segments:

1. International Student Loans – customised financing for Indian students pursuing undergraduate and postgraduate courses overseas.

2. Domestic Education Loans – financing for Indian students at domestic institutions, including executive learning programs, curriculum and non‑curriculum fees, and test‑preparation courses.

3. Educational Institution Loans – collateral‑backed financing for private K‑12 schools in tier‑I peripheral areas and tier‑II and beyond cities.

For further information, prospective borrowers can visit www.avanse.com/apply-now-edsure.

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