Avanse Education Loan Without Collateral – Everything You Need to Know (2025)

Yes, Avanse offers unsecured education loans without requiring any collateral. You can borrow up to 1.20 CR for studying abroad without pledging property or fixed deposits. The interest rate for an Avanse education loan without collateral typically ranges between 10.75% and 11.75%, depending on your co-applicant’s income, credit score, and academic profile.

• Collateral required: No
• Co-applicant required: Yes
• Approval time: As fast as 48 hours via Student Cover

 What Is a Non-Collateral (Unsecured) Education Loan?

A non-collateral education loan is a loan offered without the need to pledge any tangible security like property or assets. Avanse provides such unsecured loans based on the academic merit of the student and the financial credibility of the co-applicant.

This is ideal for students who:

• Don’t have assets to pledge
• Want a quicker, hassle-free approval process
• Need flexible funding for courses abroad

What Is the Interest Rate for Avanse Education Loan Without Collateral?

The interest rate for Avanse unsecured education loans in 2025 ranges approximately between 10.75% to 11.75% and is floating in nature.

Factors Affecting the Interest Rate:

• Co-applicants CIBIL score and monthly income
• Your course and country of study
• University ranking and career prospects
• Loan amount requested

Want better rates, faster approval, and zero collateral? 

Apply for an Avanse Education Loan via Student Cover and get your loan approved in as little as 48 hours, with reduced processing fees and full support.

Avanse does not offer fixed interest rates. Instead, each profile is evaluated individually.

How Does Avanse Compare to Other Lenders?

Avanse offers competitive interest rates for non-collateral loans, but it’s always smart to compare.

Check out the Credila Education Loan Interest Rate to see how Avanse stacks up against another major NBFC in terms of interest rates, processing fees, and collateral requirements.

Key Features of Avanse Non-Collateral Loans

Why Choose Avanse Without Collateral?

Benefits:

• Faster processing: No property verification is required
• No risk of losing assets
• Ideal for salaried co-applicants with a good credit history
• Wide coverage for top international universities

Caveats:

• Slightly higher interest rate than secured loans
• Strong co-applicant financials are a must

Why Apply Through Student Cover?

Applying for Avanse through Student Cover gives you exclusive benefits:

• Reduced processing fee (as low as 0.5%)
• Fast-track loan approvals in 48–72 hours
• Complete application assistance
• Direct support and documentation help

Need help with paperwork? Here’s what’s required: Avanse Education Loan Documents Checklist – 2025 Guide

Need help? Call us at +91-9871377966 or visit Student Cover

FAQs: Avanse Education Loan Without Collateral

What is the interest rate for an Avanse education loan without collateral?

The rate typically ranges from 10.75% to 11.75%, based on the applicant’s and co-applicants profiles.

Is collateral mandatory for an Avanse loan?

No. Avanse offers both secured and unsecured education loans. You can apply without collateral if your co-applicant meets financial requirements.

How much can I borrow without collateral from Avanse?

You can get up to 1.20CR, depending on your profile and course.

Can I get lower interest via Student Cover?

Yes. Student Cover helps you negotiate better rates and reduces your processing fee to 0.5%.

Who can be a co-applicant for an unsecured Avanse education loan?

Typically, a parent or guardian with a steady income and a good credit score.

Need to check if you qualify? Avanse Education Loan Eligibility Criteria Explained

Conclusion

If you’re planning to study abroad and don’t have collateral, an Avanse unsecured education loan is one of the most flexible and accessible options in 2025. With competitive interest rates, quick processing, and the right guidance through Student Cover, you can secure your funding stress-free.