Terms & Conditions
Auxilo Finserve pvt Ltd. is authorized to disclose from time to time any information relating to the loan to any credit bureau (existing or future) approved by Government of India and Reserve Bank of India without any notice to the borrower. We are also authorized to make inquiries with the Credit Information Bureau of India and get the applicants Credit Information Report. All Education loans are subject to approval and credit terms of Auxilo Finserve Pvt Ltd.
We always aim to offer you competitive interest rates on your Auxilo Education loan. The rate of interest on your loan is calculated as: Interest Rate = Auxilo Base Rate + Spread.
Our current Base Lending Rate is 12.70%. The Spread is determined individually and is based on analysis of the credit and course profiling. Rate of interest on student loan will be floating in nature. Interest is calculated using Simple Interest Rate with Monthly rest. This rate is subject to the terms and conditions of Auxilo Finserve Pvt Ltd.
In order to provide effective services to its customers, Auxilo Finserve has made a commitment to provide fastest education loan sanction to students, depending upon the actual submission of relevant documents to us with prior intimation.
By accepting all terms and conditions, any customer authorizes representative/s of Auxilo Finserve Pvt Ltd to establish communication either through SMS, email or call on all days of the week.