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We always aim to offer you competitive interest rates on your Avanse Global Education loan. The rate of interest on your loan is calculated as: Interest Rate = Avanse Global Benchmark Rate + Spread.
Our current Benchmark Rate is 16.20% (WEF 24.11.2023).
The Spread is floating and is based on analysis of overall credit and borrower profile.
Rate of interest on student loan will be floating in nature.
Interest is calculated using Simple Interest Rate with Monthly rest.
This rate is subject to the terms and conditions of Avanse Global Finance IFSC Private Ltd.
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