Avanse Financial Services Complaints & Reviews

I am writing to express my deep dissatisfaction and concern regarding the handling of my education loan with Avanse Financial Services. I have taken an education loan of 42 lakhs from Avanse, and I am extremely disappointed with the way my situation has been addressed.

To provide you with context, the loan amount was credited to my account, but due to unfortunate circumstances such as my visa rejection, I am in the position...

Ref: Loan Ref no. JAIEE00269217 in connection to education loan for Krishna Khandelwal

Excess amount of Rs 10000/ deducted through ECS not refunded
My PDCs and other documents provided at the time of sanction of loan yet not returned by Avanse despite a series of request mails.
Every time a system generated ticket no provided but no response yet....

I take a loan of 30 lakh rupees and I take money at us account so they did wire transfer in which they take more than 1.5 rupees over dollar rate. It is around 55000 rupees for 16 lakh rupees transfer. Also the agent who transfer money he not confirm the rate to me and without asking me transfer it. So please give me proper solution of this issue. And he directly sent me the below document after transaction....

Dear Officer,

I availed of a non-collateral loan from Avanse Financial Services in 2018 for an approval amount of Rs.30 lakhs. In 2019, I got approved for an additional Rs.10 lakhs by providing collateral. Now the loan's principal amount has become Rs. 70 lakhs - In this, I have paid Rs.5 lakhs with Insurance after my father passing away and since October 2022, I have paid an EMI every month till now and paid off another Rs.5,...

Right now I don't have a job. The avanse financial gave educational loan from direct pay to the relevel institution. They assured to after completing four months course provide a job to me. Still right now thy didn't give job for me. I paid four months EMI to the avanse financial . Four months before my father passed away. I could not able to pay my loan Two months . My CIBIL score also default. I applied so many job vacancy but they search...

I have a taken a student loan from Avanse in 2019, and now I have raised the request for the foreclosure of my loan and unliening thee FDs submitted during the loan application. It's been a month I am chasing them, they aren't working on it. Insite of telling them that I am shfting to another country and want to clear the accounts, they are least attentive.
This is so annoying, no wonder why we won't think of leaving the country without...

I have taken student loan from Avanse and whenever I asked them to unfreeze the funds after paying fees from my own pocket, still they are least bothered about customers problems and not helping the customer. I have sent multiple mails with attachment proofs regarding fee payment to University. Still those guys are not understanding the situation and worst thing is they don’t know English and they don’t know how to communicate with customers....

The customer I'd is 507502 and the loan account number is DELEE00311065

I got my loan in Nov 2021 and since then I have been paying installments to Avanse because I got my visa rejected twice. But since September I have been trying to track my refund amount which was sent back to me by Canadian bank CIBC within a week I requested the refund and Avanse is unable to track it. The CIBC even told me the name of the bank from which...

Dear Avanse We care Team,

First of all Kindly change the name of your support team from WeCare to WeDontCare, Let me tell you why, Yesterday Dated 15th September 2022 I was on call with one of your representative Aman, During the call one XYZ(Dont want to reveal name, I know his name) person sitting near Aman commented "Hey Aman tuje hi aise NALLE logo ka call kyu aata hai ", after that i spoke with Aman for next 30 minutes...

My name is Venkatesh Narendra Boga. I have availed education loan service from your company. This is regarding complaint number 382235

I have registered this complaint on 12th Aug 2022 where I have requested for foreclosure letter and received above mentioned ticket number and I was given the deadline of EOD. Unfortunately I didn't receive any response from your end and got registered my problem again wherein I was told that...

One of their employees is misbehaving with me. his name is deepak and contact number is ---[protected]. Avanse is seriously the worst financial services. I wonder how they got the license to work. Their employees don't know how to communicate with customers politely. And their English is so poor that they don't even understand what the customer is saying, replying is always hard for them. They've hired the most illiterate people to work for...

We have requested for the cancellation of our purchased Aakash Byju's course and the cancellation is in process. The student is not attending any classes and their products have been returned. Still Avanse financial manager is calling us and asking us to pay the EMI. He is also threatening us that if we don't pay the EMI he will hold on the process of cancellation and we have to pay the entire amount....

Please help us to sort out the issue which i and my family are facing since december 2021, with avanse finance which is creating mental harrassment.
Avanse finance has charged me processing charges of amount Rs. 32243 on[protected] and again Amount of Rs. 32224 was deducted on[protected] which we realized only after they sent the account statement which was shared on[protected] for the same processing charges.
They have also...

Sowmiya Thyagarajan, who is illegal team to Avanse to perform any Gundas activity to claim the amount or recover the property, pledge by customer at time of loan process. She always comes with rowdies and knife or other similar tools to threaten customer, in order to threaten and get the amount. But she does all stupidity to claim or get the amount more than what is disbursed to customer.
And some stupids from Avanse will come with...

We did not provide any type of document to taking loan either we are getting enough calls from u now I want to have an education loan for my further study but your branch is showing the not paid amount of loan its just a scam happening with me....

I have been writing to Avanse regarding Loan closer, they are just not taking any steps, no communication. After mailing them, they are just closing the tickets without any further steps.

I took the loan to study abroad, but because of the Visa refusal, I want to close the loan. But they are just not taking any steps to close the loan. They are taking a huge interest.

I need help badly....

I have purchased the byju's product three months back till date and I have checked this product, the product does not fit my childer and does not afford this so I have canceled within 15days. But I receive an EMI deduction Avansa message and he calls me to pay EMI but I'm not paying. Can any one help what I do or what are the actions on my side? Please suggest me....

Hello sir Please cancel my loan Aggrement my Registered mobile number is [protected] And My Date of Birth is[protected]...

Hi,
I am Ramona Devi, and this is regarding the loan I got from Avanse in Dec 2020. They reimbursed a loan amount of around 48 lakhs, but I got only 45 lakhs in my account. They said that was for the insurance which I had to take with the loan. I transferred my loan from Avanse to Auxillo last year and all the processes were completed in October 2021. So when I requested to cancel my insurance and I didn't need it anymore, I kept...

I had a loan disbursement of around 35lacs during my education period jan 2020 to may 2021 for masters in USA from avanse. Before my first disbursement i have paid avanse a simple interest of 3 years i.e 180000/- .And my loan repayment is starting after 3 years of my 1st loan disbursement.i.e in year 2023. Recently i expereinced there has been unauthorized transactions from my sister account 4-5 times (25000 rs (5000 x 5 times))and also we...

I applied for a loan to study in uk. My loan got sanctioned but it had my brother as co applicant. So they deposited the money on my RBL account created by Avanse as they told they can't change the co applicant's name. We had to wait for another 28 days to apply for visa and we had informed 01 days before that they should remove the lien on my account otherwise the visa would get rejected. When we reached the bank on the day of visa booking...

Avanse financial services was a private institution that offers education loan for the purpose of higher studies. HDFC credila was our first priority but the loan process was delayed due to unknown reasons. Hence, we were forced to contact Avanse financial services for the education loan. We applied for a loan amount of 25, 00, 000. The process was very quick and easy and the loan amount of Rs.21, 00, 000 was sanctioned ( loan account number...

Hello,

My brother has taken loan for his higher studies from avanse. At the time of taking the loan they have mentioned that the emi amount will start deducting after 6 month of study complete. My brother got internship and his study got extended my three month. He has inform avanse team but they have still deducted 87000 from the account. He has explained them put lots of email but they have not returned the amount. They...

DELEE[protected]is my education loan account. I have been paying ECS amount on 10th of every month. for last 2 months ( aug 21 & sep21) amount of ECS is not debiting . I sent many email regarding this to Avanse financial services but i still do not know why amount is debiting. Last month I paid manually on their request. this 'sept21' month again ECS not debited I contacted them again but no reply and height is now they are charging 17 rs...

My name is pooja raj and I got my approved and disbursements amount n my loan acc. No. Is MUMEE00166269 But I have to change my university n amount was change up to 45 lacs on NEw York university but no one is listening since 2 months now I really need updated sanctioned letter but employees of avanse are not listening me and just telling me u’ll get it tomorrow now I don’t know how I’ll give interview without sanctioned letter plz...

Hello Sir/Ma'am,

My name is Haider Ali Siddiquee. I recently finish my Master's degree from US. I have a complain agaist unethical lending practice by Avanse Financial Services. I took education loan from them in 2018. Since then I'm having problem with this company. Initially, they force me to take health insurance with their education loan even my university does not accept it. They said to me without health insurance they...

Hi, I look an education loan from Avanse. The interest rates are never abiding by RBI guidelines. The vustomer support is very lethargic and tough to get to. Their online platforms are completely faulty and they hardly work. I have been looking for an interest certificate for about a month. I still have not got it. Nobody knows how to help. Nothing works. Please help...

I, Arabinda Mohanty, had taken loan for my studies. Due to covid problem I lost my job. I requested kolkata office for restructuring.They initially said that company had stopped restructuring. Then forcibly gave me restructuring of 4 months . I am not being able to arrange the payment. I need restructuring for 24 months. The person handling my account has been very rude to me as well my father . They are threatening with sending people to...

From the Avanse payment statement against my loan (loan ac KOL/000816) I found that three repayments that I had made - 3lac 20k, 2 lac and 1lac 50k are missing.

From the past three months, I have requested them multiple times over calls and emails to update those three payments and provide me the loan foreclosure letter mentioning the outstanding amount so that I can pay that and close my loan.

Despite of multiple...

My friend applied for education loan from avanse but they offered more than 15% interest rate with collateral plus high processing charges. They tried make profit from a student who has urgent need of money for his education. It was shocked how these guys are making money from these situations. My friend who has urgent need had gone through depression because of these guys....