Auxilo
call 1800 123 289456 user Login
open

Frequently Asked Questions

Got A Question? Get Answers Right Here!

Your co-applicant can be your parents, siblings, parent-in-law, or spouse.

You can go back to your form using the same phone number you previously used. You can continue the application from the part where you left.

Executive education loans are available to working professionals interested in pursuing advanced educational opportunities such as executive MBA programs and other specialized executive education programs. Education Loan Eligibility requirements vary by lender, but applicants typically must have a minimum income, a credit score, and a good employment history.

Typically, an education loan is available to students who are enrolled in an accredited college or university, or a vocational or trade school. Eligibility for an education loan may also depend on the student's/Co-applicant's credit history, income, and other financial factors. Some loans may have additional requirements, such as being an Indian citizen or permanent resident, or being enrolled in a specific program or field of study.

CIBIL provides you with a three-digit number that serves as your credit score, which is called a CIBIL TransUnion Score. The score ranges from 300 to 900 and it plays an instrumental role in your loan approval process. If your score is closer to 300, lenders may view you as high risk and deny your application. If your score is closer to 900, you will likely have a seamless application process and can negotiate better interest rates.

International students are typically allowed to stay in the USA for up to 60 days after the completion of their studies. If you wish to stay longer, you will need to apply for a different type of visa.

A: Yes, there are various scholarships available for MBA in India. These scholarships are offered by the government, institutes, and private organizations to financially support students who wish to pursue MBA.

Auxilo utilizes a comprehensive evaluation process, and considers parameters to assess the student and co-applicant's eligibility for study abroad education loans. These parameters include factors such as the popularity of the university/course and the creditworthiness of the co-applicant.

The fees for MBA programs at top B-Schools in India vary considerably. Generally, the fees for an MBA program range from Rs. 10 lakhs to Rs. 25 lakhs.The most expensive programs are offered by the Indian Institutes of Management (IIMs). The fees for the two-year MBA program at the IIMs range from Rs. 18 lakhs to Rs. 25 lakhs. Other premier institutes such as the XLRI Jamshedpur, SPJIMR Mumbai and MDI Gurgaon also charge fees in the range of Rs. 15 to Rs. 20 lakhs for their two-year MBA programs. Many other B-Schools such as FMS Delhi, JBIMS Mumbai and IITs also offer two-year MBA programs. The fees for these programs range from Rs. 10 lakhs to Rs. 15 lakhs. The fees for one-year MBA programs offered by some institutes are significantly lower than the two-year MBA programs. The fees for these programs range from Rs. 3 lakhs to Rs. 7 lakhs.

Yes, you can work while studying in the US. You may be eligible to apply for an Optional Practical Training (OPT) work permit, which allows you to work in the US for up to one year after you complete your degree. You may also be eligible for an H-1B visa, which allows you to work in the US for up to three years after completing your degree.

The processing time for a student visa for the UK can vary, but it typically takes around 4-6 weeks.

Step 1: Request your current lender for a foreclosure form. Step 2: Approach a new lender to refinance your existing loan for education. Step 3: Allow the new lender time to complete the paperwork and approve the request.Step 4: Wait for the new lender to provide you with a cheque for your old lender to clear the outstanding amount.

To calculate your applicable EMIs without using an education loan calculator, you can use the following formula: EMI = P x r x (1+r)^n/((1+r)^n-1) Where: P = Principal loan amount r = Interest rate (annual interest rate divided by 12) n = Number of months for repayment.For example, if you have a loan amount of Rs. 5,00,000 with an interest rate of 12% p.a. and a repayment period of 60 months, your EMI would be:EMI = 500,000 x 0.01 x (1+0.01)^60/((1+0.01)^60-1) = Rs. 11,289. Please note that this is a rough calculation, and the actual EMI may differ slightly depending on the lender's terms and conditions.

The cost of studying in the UK for Indian students will vary depending on the course, institution, and other factors. Generally, tuition fees for international students can range from around ?10,000 to ?20,000 per year, depending on the type and level of the course. Other costs including accommodation, food, and transport should also be taken into account when budgeting.

The duration of a Master's program in the United States typically ranges from one to two years, depending on the specific program and school.

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.

Job prospects for Indian students after completing their studies in Singapore will depend on the field of study and the individual's qualifications and experience. Singapore is a hub for various industries such as finance, biomedical science and engineering, and Indian students who have completed a degree in these fields may have good job prospects. Additionally, students who have completed internships or other work experience while studying may also have an advantage when seeking employment.

You can avail an Education Infrastructure Loan if you are:
A Trust/Society, Private and Public Limited Company running unaided Schools recognized by either State or Central Education Board.

Any student who is an Indian citizen looking to pursue higher education in India or abroad.

Some of the most popular universities for Indian students in France include Sorbonne University, Paris Sciences et Lettres, and the University of Paris.

Reach Out To Us

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.