Avanse Introduces Education Loan Balance Transfer in India

New York, NY, February 05, 2014 --(PR.com)-- Avanse Financial Services introduced a specialized Balance Transfer scheme for Indian students that can be applied on existing education loans.

The new Balance Transfer scheme introduced by the financial body allows students to transfer the current education loan balance. After doing so, the company will look after the monthly repayments and serve students with lower monthly interest rate.

The advantage that students, especially who apply for higher loan amounts, get is that this financial service allows extending their grace period tenure up to 10yrs. Avanse is offering this specialized service to students in India, abroad and working professionals who are servicing an existing education loan.

Promising to be a flexible financial aid for Indian students, Avanse expects that Balance Transfer will help the company reach more students in need. Some of highlighting features of Balance Transfer are:
· Lower EMI
· Lower Interest Rate
· Longer Tenure
· Zero Processing charges
· Option to repay from abroad

About Avanse
Avanse is a new age education finance company. We are an Associate Company of Dewan Housing Finance Ltd. (DHFL), a leading player in the housing finance sphere. Avanse is a Non Banking Finance Company (NBFC) and is regulated by the Reserve Bank of India.