With the cost of education continually on the rise and the limited availability of financial assistance or scholarship aid, higher education funding can be very challenging. At Auxilo, we understand this and hence offer a Pre-admission Education Loan, basis the preparatory exams scores and student's strength or credit worthiness of the applicant/s (parents/guardian/co-borrower/borrower). A student can use this to present the same as proof of funds while applying for admissions to different universities/institutes.
In fact, with an Auxilo Pre-admission Education Loan, an applicant can strengthen his/her case for admission, including the choice of course.
Auxilo funds all those countries which give the Indian student community a bright future to look forward to.
Auxilo uses a popular scientific method, which measures more than 15 parameters of the student and co-applicant strength. For e.g.: Popularity of university/course, credit worthiness of the co-applicant, etc.
Yes, Auxilo accepts multiple and multi-city co-applicants. If the eligibility of the primary co-applicant does not fit the Education Loan eligibility, he/she can add more co-applicants. We support multi-city co-applicants as well.
No. We have attractive unsecured Education Loan products basis the strength of student/co-applicant/s.
However, if collateral is provided, you can avail attractive rates of interest offered exclusively for collateral backed loans.
Any student who is an Indian citizen looking to pursue higher education in India or abroad.
Yes, Auxilo offers Education Loan Re-Finance options at a competitive pricing and flexible tenures that match your requirements.
The best thing about Auxilo is that we don't have a higher limit. Convince us of your passion to fulfill your dreams and Auxilo will fund your total cost of education.
Your own contribution to your loan is known as Margin Money. If you have the means and access to it, it is advisable to use Margin Money, but it's better to avail a No Margin Loan from Auxilo.
Auxilo provides you with several flexible repayment options and plans. You can start repaying the Principal of the loan after 6 months of your course completion or once you get a job, whichever is earlier. Until then, you just have to pay the interest on the loan.
Simple documentation requirements are what separate Auxilo from other education loan providers.
Auxilo covers tuition fees, examination fees, living expenses, travel expenses, pre-admission costs, any other cost related to the course.
Your parents, siblings, spouse, parents-in-law, first blood relatives, legal guardians, to name a few.
Auxilo offers Education Loans with tenures up to 10 years.
Yes, the applicant can re-apply for an Auxilo Student Loan. It is important that he/she fulfill all the documentation and required requirements before re-applying to Auxilo.
In case you didn't find your question answered above, feel free to reach out to us using the form below and we will get back to you with a response.