Avanse vs Tata Capital Education Loan Comparison: Collateral-Free, ROI & Eligibility

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Avanse vs Tata Capital Education Loan: Quick Comparison
Avanse vs Tata Capital Interest Rate Comparison
Avanse vs Tata Capital Loan Eligibility Criteria
Avanse vs Tata Capital Education Loan Processing Fee & Charges
Avanse vs Tata Capital Collateral-Free Education Loan
Which is Better – Avanse or Tata Capital Student Loan?
Frequently Asked Questions

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Confused between Avanse and Tata Capital student loans? Select the best education loan based on collateral, ROI, eligibility criteria, and processing fees and changes.

Education loan Avanse Bank Comparison

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Updated on: 06 Sep 2025 | 37 | 9 min read

Avanse and Tata Capital are prominent Non-Banking Financial Companies in India, offering Avanse vs Tata Capital education loan options to students aspiring to study abroad. Both lenders provide financial support for popular destinations such as the US, Canada, UK, Germany, and Australia, among others. While they operate in the same segment, their loan offerings cater to slightly different student needs and course types.

Avanse extends loans for a wide range of programs, including both STEM and non-STEM courses, making it versatile for diverse academic pursuits. Tata Capital, on the other hand, focuses on STEM and Management courses, and also provides non-collateral loans for aviation programs with immediate EMI options, making it ideal for specialized professional courses. This blog helps students decide which is better – Avanse or Tata Capital student loan for their needs.

Avanse vs Tata Capital Education Loan: Quick Comparison

Choosing the right education loan requires evaluating features that best match your academic and financial needs. The Tata Capital vs Avanse student loan comparison table below highlights key parameters such as maximum loan amount, ROI, tenure, moratorium, margin money, approval time, pre-admission loans, and eligibility based on GRE/GMAT to help you make an informed decision.

Features	Avanse	Tata Capital
Maximum Loan Amount	75 Lakhs	75 Lakhs and above
Interest Rates	10.50% - 13.75% (compounding)	11.25% - 12.5% (non-compounding)
Loan Tenure	12 - 15 years	13 years
Moratorium Period	Course duration + 1 year	Course duration + 1 year
Margin Money	0%	0%
Loan Approval Time	7 - 12 working days	7 - 12 working days
Provides Pre Admission Loans	Yes	Yes
Loan Eligibility Based on GRE/ GMAT Performance	Yes	Yes

Note: The above loan amount is for the minimum eligibility. However, this is subjected to change based on the student profile.

Avanse vs Tata Capital Interest Rate Comparison

When it comes to planning your education finances, interest rates can make a big difference. In this Avanse vs Tata Capital Interest Rate Comparison, we’ve outlined the typical ranges offered by both lenders. Knowing these rates upfront helps you make smarter choices. For the final numbers, check the interest rate details here.

NBFCs	Interest Rate
Avanse	10.50 - 13.75%
Tata Capital	11.5% - 12.5%

Interest rate as of August 2025.

Note: Avanse charges interest on a compounding basis, while Tata Capital follows a non-compounding method, making its repayment comparatively lighter.

Want to apply for an Avanse loan? This blog explains the application process and how to monitor your Avanse education loan status.

Avanse vs Tata Capital Loan Eligibility Criteria

Not all students are automatically eligible for an education loan, thus it is important to know the specifics beforehand. The Avanse vs Tata Capital loan eligibility outlines who can apply and what’s required. A comparison of these criteria can make a lot of difference when considering a lender for your studies abroad.

NBFCs	Eligibility Criteria
Avanse	Applicant must be 18 years or older Minimum CIBIL score of 700, exceptions possible for genuine cases Minimum monthly income of co-applicant (with no obligation): ₹20,000 – ₹35,000 Co-applicant can be salaried or self-employed
Tata Capital	Applicant age between 18 to 35 years Maximum of 5 backlogs allowed Minimum CIBIL score of 700 Co-applicant must be salaried or self-employed Minimum monthly income of co-applicant: ₹25,000

NBFCs

Eligibility Criteria

Avanse

Applicant must be 18 years or older

Minimum CIBIL score of 700, exceptions possible for genuine cases

Minimum monthly income of co-applicant (with no obligation): ₹20,000 – ₹35,000

Co-applicant can be salaried or self-employed

Tata Capital

Applicant age between 18 to 35 years

Maximum of 5 backlogs allowed

Minimum CIBIL score of 700

Co-applicant must be salaried or self-employed

Minimum monthly income of co-applicant: ₹25,000

Avanse vs Tata Capital Education Loan Processing Fee & Charges

Before taking a loan, it’s good to know the extra costs involved. The Avanse vs Tata Capital processing fees show the charges each lender applies when sanctioning a loan. While this table highlights the fees, make sure to also review the Tata Capital application process if you’re considering applying for a loan.

NBFCs	Processing Fee
Avanse	1 % - 1.5% + applicable GST
Tata Capital	1% + applicable GST

Use our Education Loan EMI Calculator to estimate your monthly repayments and plan your finances effectively.

Avanse vs Tata Capital Collateral-Free Education Loan

Many students select collateral-free loans for the streamlined process they offer, and both Avanse and Tata Capital provide options tailored to different study programs and financial situations. It’s not always easy to say which lender can provide the highest amount, as the sanctioned loan depends on your individual profile. Review your documents, co-applicant details, and funding requirements carefully to make an informed decision on the Avanse vs Tata Capital collateral-free education loan.

Parameter	Avanse	Tata Capital
Maximum Unsecured Loan	75 Lakhs	75 Lakhs
Eligible Courses	STEM and Non-STEM	STEM, Management, and Aviation
Approval Time	7 - 10 working days	7 - 10 working days

Note: Approval times may vary based on individual circumstances and document verification processes.

Which is Better – Avanse or Tata Capital Student Loan?

Choosing between the Avanse vs Tata Capital education loan involves evaluating various factors such as loan amount, processing time, and eligibility criteria. While both lenders offer competitive terms, the best fit depends on your unique profile and requirements. To make an informed decision, explore our comprehensive guide on education loan eligibility.

Get insights on your education loan eligibility and explore which loan best matches your academic and financial profile with GyanDhan.

Frequently Asked Questions

Can I get a collateral-free loan from Avanse or Tata Capital?

Both lenders offer collateral-free or semi-collateral education loans to eligible students, with Tata Capital also offering non-collateral loans to the candidates taking aviation course.

How is the interest rate determined?

Interest rates vary based on course type, study destination, loan amount, and applicant profile. The rates provided by both lenders are competitive as the final one is based on the applicant.

How can I check which loan suits my profile?

You can explore your education loan options with GyanDhan to assess education loan eligibility and compare lenders. This helps you choose the loan that best fits your academic and financial needs for studying abroad.

Can I get a loan if my CIBIL score is below 700?

Avanse can take students with legitimate reasons despite having a CIBIL score of slightly less than 700, whereas Tata Capital generally requires their students to have no less than 700.

Are there any hidden charges apart from interest and processing fees?

It is necessary to review the loan contract to identify pre-payment penalties, late fees, or any other applicable fee.

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