Avanse Loan Product

NMIMS
Terms Details
Institute NMIMS
Locations/Campus Mumbai, Bangalore, Hyderabad, Navi Mumbai

Course(s) MBA
MBA – HR
MBA – Pharma
MBA – Law
MBA – PGDM
Applicable Year/s 2018 - 2020

Max Loan Amount Unsecured: upto 22 lacs

Margin Money Required No
Repayment Mode EMI
SI
PSI
Costs Covered Tuition, Fees, Visa, Hostel, Books, Insurance,
Meals, Travel, Laptop, etc
Product Tenure 8 years max
Rate Of Interest EMI – 9.50%
SI – 9.50%
PSI – 9.75%
Processing Fee 1% + tax
Co-borrower Relationships Financial co-borrower (Parents / Siblings) as co-applicant with self-owned residence
Co-borrowers income as per FOIR policy

Insurance Cover Yes

Collateral Security Type No collateral required
Co-Borrower Locations DHFL Locations
Co-Borrower's Occupation Salaried/SEP/SENP*
Documentation Standard
Pre-payment/Foreclosure Charges Nil
Contact Details Shreeram Parab – Assistant Sales Manager
Contact Number – 9833513383
E-mail ID – shreeram.parab@avanse.com

Prathamesh Bhoi – Assistant Sales Manager

Contact Number – 9664241383
E-mail ID – Prathamesh.bhoi@avanse.com

Chetan Patankar – Assistant Sales Manager

Contact Number – 9769150034
E-mail ID – Chetan.patankar@avanse.com

Additional Details *SENP 0.25% extra RoI

*Criteria’s like past academics of the student, income of the co-application, CIBIL records for the co-applicant to be taken into
consideration which may lead to different rates.
** Terms and Conditions apply - Loan Sanction is at the sole discretion of Avanse