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Frequently Asked Questions - Auxilo Finserve

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Financial Aid FAQs for Students

The following documents are required to avail an education loan for an MBA: 1. Loan application form duly filled and signed by the student or Digital Form Submission 2. KYC documents of the student and co-applicant, if any. 3. Proof of income of the co-applicant, if any. 4. Mark sheets and certificates of 10th and 12th standard examinations. 5. Admission letter from the institute. 6. Proof of admission fee, course fee and other related expenses. 7. Collateral security documents, if applicable. 8. Bank statements of the student and co-applicant, if any, for the last 6 months. 9. A detailed study report of the course. 10. Recent passport-sized photographs of the student or Selfie if student using Digital Journey.
With the cost of education, while studying abroad is 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.
Any student who is an Indian citizen looking to pursue higher education in India or abroad.
The placement record of MBA graduates after studying in India varies depending on the institute and the program. However, most top MBA colleges in India have a good placement record, with many of their graduates getting recruited by top companies in India and abroad.
The candidate applying for the education loan must be a resident of India. He/she must have confirmed admission to recognized educational institutes in India. The candidate's age must fall within the bracket of 18 to 35 years during loan application. He/she must undergo a graduate/postgraduate degree or a PG diploma. The applicant should have secured admission to a college or university affiliated with University Grants Commission (UGC)/All India Council for Technical Education (AICTE)/Govt. etc. Students pursuing full-time courses need a co-applicant who can be either a parent/guardian or spouse/parent-in-law (in the case of married candidates). The co-applicant must have a regular income source. A strong academic record facilitates speedy loan approval.
Yes, Auxilo provides a dedicated relationship manager to each customer for personalized professional assistance.
Yes, Auxilo's loans can help a play school to provide specialised training to their staff. This can enhance both the instructional quality educators deliver and the overall care provided to children.
The advantages of Auxilo's loans include Transparent & Fair Charges, Fast Hassle-free Doorstep Services, Dedicated Relationship Manager, Diverse Collateral Options, Secured & Unsecured Loan Choices, and Specialized Knowledge in Education Finance.
While availing of educational loans to study in India collateral may be required for some loan options, but unsecured loan options are available where no collateral is required, with us.
Auxilo's School & College Loans assist educational institutions by providing financial support for infrastructure development, academic program upliftment, technology upgrades, and campus expansions.
Taking an education loan for an MBA in India can be an excellent investment, as it can help you to secure a good job and a higher salary. An MBA program can help you to gain the knowledge, skills, and expertise needed to be successful in the business world, so the potential financial return from the loan can be considerable. Additionally, an education loan can help you cover tuition, textbooks, and other expenses associated with your MBA program. Taking an education loan for an MBA in India can be an intelligent way to finance your studies and help you to reach your career goals.
Definitely, Indian students can secure a residence permit or a "stay permit", in Germany after their studies. Certain conditions need to be met for qualification. They should have studied in Germany for at least two years and must have a job that brings in enough income to support themselves. Another requirement, They need a good command of the German language. They must apply to the local authorities and assemble the needed documents. The same is true for executive education loans.
Some of the most popular universities for Indian students in the UAE include the University of Dubai, the American University in Dubai, and the Birla Institute of Technology and Science.
Yes, Auxilo's School & College Loans can be used for purchasing land for future campus expansion. This facilitates long-term growth and caters to the changing needs of both students and educators.
Yes, Auxilo provides loans for facility improvements such as enhancing school cafeterias, auditoriums, administrative blocks, and improving transportation options.
The top MBA colleges in India include Indian Institute of Management (IIM) Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, Indian Institute of Technology (IIT) Delhi, IIT Bombay, IIT Kharagpur, Management Development Institute (MDI) Gurgaon, and Faculty of Management Studies (FMS) Delhi.
Ideally, you should check your credit score on a quarterly basis. If you've never checked your credit score before, there's no better time than right now. Checking your score helps in two ways. Firstly, it gives you an indication of your financial health and provides you with information on where you can improve your score. And, you can also go through your score and report to check for any fraudulent activity. If you find any incorrect information, you can report it to the bureau.
Collateral may be required for some loan options, but there are also unsecured loan options available where no collateral is required, with us.
Auxilo provides 100% financing options including tuition fees, living expenses, etc. Pay the fee for your course along with your exam fees, accommodation etc. with ease & zero-margin money
The length of time you can stay in the US after completing a Master's degree depends on your visa type. For example, if you have an F1 student visa, you may be eligible to stay in the US for three years after completing your degree in Optional Practical Training (OPT). You may also be eligible to apply for an H1B visa to continue working in the US after the OPT period.

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