Avanse Financial Services

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About the Company

Avanse Financial Services Limited is a leading Indian non-banking financial company (NBFC) focused on education, ranking second in the sector by assets under management (AUM) and profit according to CRISIL MI&A’s March 2024 report. They provide comprehensive education financing, including international and domestic student loans and infrastructure loans for educational institutions. Their AUM grew from ₹48.4 billion in March 2022 to ₹133 billion in March 2024, with a CAGR of 65.86%. The international student loan segment, representing 78.28% of AUM, serves nearly 36,000 students across 41 countries, primarily in STEM and MBA fields. They also fund over 1,900 Indian educational institutions with collateral-backed loans, while domestic student loans support professionals and students in India. Their loans feature flexible repayment options, personalised underwriting, and added services like insurance and foreign exchange. They leverage a hybrid distribution network of branches, education counsellors, and digital channels, reaching 545 locations across India.