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Avanse Unsecured Education Loan (Co-Lending)

Bank of Maharashtra co-lending with Avanse Financial Services for an unsecured education loan up to ₹75 lakh and up to 120 months for higher studies in India or abroad.

Maximum amountBank of Maharashtra co-lending with Avanse Financial Services for an unsecured education loan up to ₹75 lakh and up to 120 months for higher studies in India or abroad.Maximum tenorUp to 120 months.Maximum loan amountUp to ₹75 lakh.

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✓ Manually checked 31 Aug 2026 · active

Offered byBank of Maharashtra

India and approved overseas higher-education destinations

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Maximum loan amountUp to ₹75 lakh.View source

Maximum amount row.

Source: Avanse Co-Lending
Page / section: Facility table
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Maximum tenorUp to 120 months.View source

Maximum tenor row.

Source: Avanse Co-Lending
Page / section: Facility table
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

FacilityUnsecured education loan for higher studies in India or abroad.View source

Purpose and facility type reviewed.

Source: Avanse Co-Lending
Page / section: Purpose and product name
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Loan typeUnsecured education loan for higher studies in India or abroad.View source

Purpose and facility type reviewed. This is the issuer-published facilityType value shown under the comparison field “Loan type”.

Source: Avanse Co-Lending
Page / section: Purpose and product name — comparison field: Loan type
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Maximum amountBank of Maharashtra co-lending with Avanse Financial Services for an unsecured education loan up to ₹75 lakh and up to 120 months for higher studies in India or abroad.View source

The manually reviewed product summary states: “Bank of Maharashtra co-lending with Avanse Financial Services for an unsecured education loan up to ₹75 lakh and up to 120 months for higher studies in India or abroad.”.

Source: Avanse Unsecured Education Loan (Co-Lending) — official product page
Page / section: Published loan terms in product summary
Accessed: 31 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

Up to ₹75 lakh
Up to 120 months
Unsecured education loan
Higher studies in India or abroad
repayment

Eligibility

For Indian nationals pursuing higher studies; the page does not publish a minimum income or numeric rate.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

Student and co-borrower
Admission/offer letter
Course and fee schedule
Academic and financial evidence
Overseas-study documents where applicable

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Loan repayment estimate

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees

Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees

Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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TableParameter

Partner · Published detailLoan Tap Credit Products Private Limited (LTCPPL); co-lending for and self-employed borrowers such as kirana stores

This value is copied from Loan Tap — complete facility and partner details. Check the table notes before relying on it.

Source: Loan Tap Co-Lending · Complete page and facility table Open official source ↗

Published tables