Why Pick Auxilo?
We know that a good education leads to social mass welfare and we believe that everyone has the right to the best education. We really do care about more than the bottom line, which is why we go out of our way to help you realise your dreams with a hassle-free education loan.
Get 100% financing including tuition fees, living expenses, etc. No margin money required.
TAILORED FOR YOU
Each student's need is unique. We customize our education loans for your specific needs & requirements.
FASTEST EDUCATION LOAN SANCTIONS
Every second counts, get hassle-free fast track education loan with the fastest sanctions.
COMPETITIVE INTEREST RATES
Attractive interest rates so your dreams are always within your reach.
SCORE BASED BENEFITS
A promising student's potential matters; get better benefits with higher scores.
Flexible and gradual payments so you can plan your finances well in advance.
MULTIPLE CO-APPLICANT FACILITY
We accept multiple co-borrowers for higher loan eligibility.
HIGH ON SERVICES
Transparent processing & superior services like pre-visa disbursement, pre-admission loans,certificate-of- availability & more.
"Education is the passport to the future, for tomorrow belongs to those who prepare for."
Our mission is to provide affordable funding options that can back your education aspirations to fruition. Auxilo's offering of an education loan sanction prior to admission is sure to help students show 'proof of funds' to the Universities and acquire admission in their dream university, be it India or abroad. We're in it to support those who wish to chase their educational dreams despite their financial shortcomings.
Auxilo understands that a majority of students who want to pursue education require an education loan, and it can be a nightmare for both students and their parents owing to innumerable bank visits and procedures. They are often faced with multiple challenges along the way in getting an education loan. The education loan process usually gets stressful and sometimes takes a toll on them.
This is why Auxilo steps in, offering credible assistance in matters relating to the field of education loans. We know that education is an important investment one needs to make. An education loan can fuel goals and ambitions, ensuring a successful life. By applying to Auxilo for an education loan, you can avail hassle-free services and receive exceptional guidance throughout your education loan application process.
Once you apply, and the wait is over for the education loan, you can really begin to look forward to studying in your dream university.
SELF-FUNDING OR EDUCATION LOAN
Should you go for an Education Loan or should you Self-Fund through other means? We tell it like it is and put down some relevant points to help you decide for yourself.
Self-Financing requires the entire year's fee to be paid upfront before the semester begins. The cost of living, being a significant amount, is not included in this (often around 50% of the total cost of education).
Education loans cover the entire cost of education, including living costs, tuition fees, etc. The principle amount repayment begins only after completing your course, giving you the head start you need.
When you Self-Fund your education, the entire payment is expected to be paid in bulk from your account.
Education Loans can be paid back in flexible and gradual payments so you can plan your finances well in advance.
Self-Financing often requires one to liquidate their life savings, which is often a financial security for family contingencies and could have been used for investment purposes.
Education Loans allow you to easily retain your financial savings for family contingencies as well as for investment purposes.
Self-Funding can come from many means, like selling still-profitable investments such as property and gold or borrowing from your relatives, but they may not always be the best paths to take - don't lose out on profits and family relationships.
An Education Loan empowers you by saving you from the long-drawn out processes of selling prime investments like land, gold that may still be profitable or the chance of souring relationships when you borrow from your relatives.
Your liquid funds need to be displayed in a solvency letter to get confirmation on your admission if you choose to Self-Finance. The funds need to cover more than a year's fees (fees + 50% more) to be convincing of one's financial capacity.
An Auxilo Education Loan can get sanctioned before your admission is confirmed! We even provide you with a proof-of- funds letter at the time of application so your admission is processed smoothly.
With the requirement of liquid funds as a criteria for a solvency letter, those interested in an education abroad may find it difficult to show 'proof-of- funds' with overseas education fees ranging from 30-90 lakhs.
Your liquid funds can be well-utilized elsewhere as investments or savings as your Auxilo Education Loan provides a solvency letter to the university stating your 'proof-of- funds'. Meanwhile, you get the benefit of paying us back in easy EMIs.
The world markets are facing a volatile period, with fluctuations in foreign exchange ranging from 20-30%. This makes it even harder to produce additional funds to meet this demand.
An Education Loan can meet cost increases such as volatile forex rates up to the sanctioned credit limit. This makes it a good idea to open a loan account with Auxilo.
Self-Financing always requires you to be on your toes, keep track of payment dates, transactions, fees, and this gets harder when there are international payments involved.
The hassles of payments, especially international, are a thing of the past with Auxilo Education Loans. A simple instruction from your end is enough to process payments.
When you Self-Fund yourself, you lose the chance to build a good credit history, which is useful for the student as they progress through their lives and careers, post university.
When you take an Education Loan and make timely and responsible payments, you build a good credit history that will come in very handy for your future.
Financing your child's education takes away the chance for them to value the worth of their education and the importance of responsibility.
Every child has to one day mature to be a responsible citizen of society. As parents, it is good to cultivate the seed of accountability by giving your child the opportunity to build their own future.
We love questions! Find your answers below:
- What do you mean by the Auxilo Pre-admission Education Loan? What is its benefit?
- Which countries does Auxilo provide financial support for?
- On what basis is my Education Loan evaluated?
- Does Auxilo accept multi-city/multiple co-applicants?
More questions? Click the link below to view the answers to our frequently asked questions.Take Me to the FAQ