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We always aim to offer you competitive interest rates on your Avanse loans. The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate + Spread. Our current Base Lending Rate is 12.65% (w.e.f. 01.11.2018). The Spread is floating and is based on analysis of overall credit and customer profiling. Interest is calculated using Simple Interest Rate with Monthly rest. This rate is subject to the terms and conditions of Avanse Financial Services Ltd.
Avanse Financial Services Ltd. is authorized to disclose from time to time any information relating to the loan to any credit bureau (existing or future) approved by Government of India and Reserve Bank of India without any notice to the borrower. We are also authorized to make inquiries with the Credit Information Bureau of India (CIBIL) and get the applicants Credit Information Report. All Education loans are subject to approval and credit terms of Avanse Financial Services Ltd.
Advance Australia fair, as the national anthem goes. It’s the name of both a country and a continent—though the latter also includes the island of New Guinea. More and more Indian students have been applying to Australian universities of late. The country has 43 universities, which offer four-year-long bachelor’s degrees and two-year master’s degrees. Graduates who have completed a degree in Australia that’s at least two years long are eligible to stay back for a further 18 months, during which time they must find a job.
The cost of studying in Australia can range between 11,000 and 71,000 Australian dollars, not including the cost of living—which can be rather high in cities like Melbourne. Another key thing to note is that the country is in the southern hemisphere, which means that the seasons are reversed: the summer months are November–February. As a result of this, course start dates differ from those in other countries. Degrees can commence in February, July—the main intake—or September/November. Each university has its own start dates and application deadlines, which means that students will need to make a note of each one separately.
While Australia is a good place to study, getting a job afterwards can be a difficult prospect, and more so for undergraduates than postgraduates. The job market itself is smaller and there is less exposure, due to the country’s distance from most of the rest of the world. Finally, if you are considering Australia, know that it is an interesting place to live, rich with multiple cuisines and multicultural influences, and with a reputed education system.