Avanse Financial Servicesa new age NBFC focused on education, announced a special offer on student loans for candidates for higher education celebrate International Women’s Day. To encourage women to pursue their aspirations for higher education in any course and university of their choice, Avanse has introduced an exclusive offer where the organization waives the last eight IMEs of the loan repayment structure for female candidates. .
This special offer will be available on education loans issued to female borrowers between March 8 and April 8, 2022. It applies to higher education programs in India as well as overseas.
Here is a quick illustration of how candidates can benefit from this unique offer. In a scenario where a higher education aspirant applies for an education loan of INR 50 lacs under this offer with a return on investment of 11% and for a duration of 15 years, the candidate will be able to access a benefit of ~ INR 4.54 lacs waiver of the aggregate refund amount.
Commenting on this initiative, Sir. Amit GaindaCEO and CEO, Avanse Financial Services said: “To celebrate the International Women’s Day and to salute the power of femininity, we have designed this special offer exclusively for female aspirants in higher education so that they can aspire without boundaries. As a student-centric organization, we have always focused on designing funding solutions to enable deserving Indian students to make their academic dream a reality.
He added, “We believe that inclusive growth is the key to success. This will only be possible if we understand the importance of equity in the development process. Keeping this truth in mind, it is our humble effort to ensure that we are able to make systematic contributions to enable more aspiring women to achieve their academic dreams.
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The education sector has continued to evolve over the years. Avanse Financial Services is committed to democratizing education and education financing in India.