Education Loan Process
Our lightning fast application process is designed to be transparent and hassle-free, while seamlessly taking you through the loan application process without a glitch.
REACH OUT TO Auxilo
Once you have decided that you are interested in taking an Education Loan, there are a number of ways you can connect with us to begin your application process. You can also reach out to us for any queries you have, any doubts you may want to ask us, or anything else.
If you’re unable to come to us, worry not! Auxilo offers a convenient door-step service, we will come to you! So what are you waiting for? Reach out to us by using any of the channels below:
Once we connect and get to know your exact requirements, we will have a round of personal discussion, wherein you will be asked various questions regarding your academic choices, performance, courses selected, institutions selected, etc. We will then counsel and collaborate with you to create a customized loan solution that works for you.
BEGIN THE APPLICATION PROCESS
Your application process will begin in earnest once you submit your loan application and the validated supporting documents required – check the list of required documents here.
We will require details about your institution such as admission dates, course-specific information, admission related documents. These are mandatory to help us in the education loan process and help with verification.
We will verify and validate your documents as well as the enrolment of the student at the chosen institute. You can sign multi co-applicants and offer collateral security at this stage. This will be used when structuring your loan.
Once we have verified your documents and analysed your case, we will then structure the loan accordingly and tailor-make an offer that is best suited for your specific needs.
We will present our loan offer to you and once it is accepted, the loan can be disbursed. Certain formalities may have to be completed at this stage, such as submitting additional documents or post-dated cheques, etc. Your institution fees may also be directly transferred to the concerned institute. Tuition fees and living expenses will be transferred to the student’s account.