Courses and universities that banks are less keen on
Courses and universities that banks are less keen on
NBFC (non-bank lender) · 🇦🇺 Australia
Avanse Education Loan for Australia
How Avanse Financial Services's education loan works for Indian students heading to Australia — limits, collateral, rates and what a typical Australia loan costs to repay.
- Need-based
- Indicative ≈ 11%–14% a year in 2026, profile-based
- Example: ₹77 lakh for Australia
- We compare 2–3 lenders
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Quick answer
Is Avanse a good choice for an education loan for Australia?
Flexible underwriting for less common courses. Avanse lends for Australia: need-based, including full cost of attendance in many cases. A typical Australia master's on our data (Deakin, ₹89 lakh – ₹1.04 crore) needs about ₹77 lakh; at 10.5% over 10 years the EMI is about ₹1,03,900 a month.
Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans admissions & finance desk
Official sources: Avanse education loans
Avanse for Australia
- Loan amount
- Need-based, including full cost of attendance in many cases
- Without collateral
- Unsecured loans commonly reported in the ₹40–75 lakh range for eligible profiles
- Collateral
- Property for secured loans; flexible on collateral types
- Co-applicant
- Co-applicant with income proof
- Interest rate
- Indicative ≈ 11%–14% a year in 2026, profile-based; check with Avanse
- Repayment
- EMIs over up to 10–15 years
- Processing
- Often 1–2 weeks
Repayment
EMI on a ₹77 lakh loan for Australia
Fit
When Avanse suits a Australia plan
Families with non-standard income
Families with non-standard income
Watch out
Higher rate than banks — compare total cost
- Get the sanction letter before applying for the Subclass 500 Student visa
- Make sure the sanction covers the funds the visa requires
- Tuition is paid to the university; living costs to your account
- Keep the disbursement schedule aligned with your intake
FAQs
Frequently asked questions
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Need-based, including full cost of attendance in many cases
Unsecured loans commonly reported in the ₹40–75 lakh range for eligible profiles
Indicative ≈ 11%–14% a year in 2026, profile-based; check with Avanse. As per Avanse's pricing policy.
Explore
Keep exploring
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- Bank of Baroda education loan for Australia
- PNB education loan for Australia
- Canara Bank education loan for Australia
- Union Bank education loan for Australia
- Bank of India education loan for Australia
- HDFC Bank education loan for Australia
- ICICI Bank education loan for Australia
- Axis Bank education loan for Australia
- IDFC FIRST education loan for Australia
- Credila education loan for Australia
- Auxilo education loan for Australia
- InCred education loan for Australia
- Tata Capital education loan for Australia
- Prodigy Finance education loan for Australia
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Share your profile — we reply with a checklist and next steps. Expert consultations over call start at ₹355.
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