Experience the Power of Account Aggregator with Auxilo

At Auxilo, we’re committed to simplifying your education loan journey through secure, fast, and intelligent digital solutions. With Account Aggregator, sharing your financial data is now easier, safer, and quicker than ever - helping you focus on what truly matters: your academic dreams.

The Account Aggregator (AA) framework is transforming how individuals share and use their financial data - making access to loans and financial products faster, simpler, and completely secure.

With Account Aggregators, you can safely and seamlessly share your financial information with lenders or other financial institutions, all through a digital and consent-based process. That means you stay in full control of what data you share, who you share it with, and for how long.

At Auxilo, we’ve always believed in using technology to make education financing effortless. As one of the early adopters of the Account Aggregator framework, we’ve integrated AA into our digital loan journeys - helping students and parents experience faster loan approvals, instant verifications, and a truly paperless process.

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What is an Account Aggregator?

An Account Aggregator (AA) is a licensed entity regulated by the Reserve Bank of India (RBI). It allows secure sharing of financial data between two regulated financial institutions - but only with your explicit consent.

Here’s how it works:
  • You, the customer, decide whether and what data to share.
  • You see why your data is being requested and for what purpose, before giving consent.
  • The sharing happens digitally and in real-time.
  • Your data is never stored or read by the Account Aggregator — they simply act as a secure bridge between your bank and the requesting institution.

How the AA Network Works

Here’s what the process looks like when you use Account Aggregator in your Auxilo education loan journey:

Eligibility Criteria
Start your digital loan application on our platform.
Eligibility Criteria
When prompted to share your bank statements, select the Account Aggregator option.
Eligibility Criteria
Choose your bank and give your consent using a one-time password (OTP).
Eligibility Criteria
Your bank shares the verified financial data instantly through the AA network.
Eligibility Criteria
Auxilo receives the data in real-time and can process your loan faster - with less paperwork and zero manual uploads.

Why Account Aggregators are a Game Changer

Benefits of Using the AA Network

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You’re in control

Choose what to share, with whom, and for how long.

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Fully digital

No physical documents or manual uploads — everything happens online.

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Highly secure

AAs don’t store or view your data.

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Flexible

Choose specific accounts and time periods for data sharing.

FAQ

Frequently Asked Questions