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Auxilo - Education Loan

  • NBFCs
  • Loan Margin: NA
  • Collateral Needed
⚡3-4 Working Days
  • MarginNA
  • CollateralYES
  • Co-applicant RequiredYES
  • Loan Tenure10 Years
  • Processing Fee1.0% to 2.0%
  • We Fund Your Future Guarantee
  • Quick Loan Sanctions
  • 100% Transparency
  • No Hidden Fees
  • 24x7 Support

Features Of Auxilo Abroad Education Loan

Auxilo is a premium pro-education NBFC that focuses on education loans for international students. Auxilo, which was founded in 2017, is still a young firm, but it already has a strong track record of funding students’ international studies.

For Unsecured / Non-Collateral Loan

You are eligible to apply for the Auxilo student loan only if you’ve met the following requirements:

  • Borrower must be an Indian citizen
  • Co-applicants must be an Indian citizen
  • Confirmed admission to the colleges before disbursement
  • Co‐applicant(s) may be any of the following relatives, viz Father / Mother / Brother / Sister (married) /Spouse
TypeRequirement
For Secured / Collateral Loan

The following types of collateral are accepted

  • Residential Flat
  • Residential House
  • Non-Agricultural Land
  • A Fixed Deposit, assigned in favour of Auxilo
  • Commercial property – Shop

Benefits Of Auxilo Study Abroad Loan

  • No margin money required
  • Up to 100% finance for Course Fee, Living and Other expenses
  • Tax benefit under Sec 80E
  • Attractive rate of Interest
  • No upper limit on loan amount
  • Long term loans resulting in easy EMIs
  • Flexibility in collateral security requirements
  • Loan against property mortgaged with Auxilo
  • The loan amount will be disbursed in Indian Rupees

How To Apply for Auxilo Abroad Education Loan through We Fund Your Future and Benefits You are getting?

  • Scan the QR Code to apply
  • Higher Chance Of Approval
  • Online Submission Of Documents
  • No Cost To You
  • Quicker Sanctions

Documents

TypeDocuments Required
Applicant Documents
  • PAN, Aadhaar Card, Passport
  • Marksheet/Certificate of 12th Exam
  • Marksheet/Certificate of Subsequent Years of Education e.g. BE, BCom, BSc, etc.
  • Marksheet of Any Entrance Exam Taken e.g. CAT, CET, etc. (If applicable)
  • GRE/GMAT/TOFEL/IELTS, etc. Marksheets (If applicable)
  • Scholarship Documents (if applicable)
  • Proof Of Admission (If available)
  • I20 (If available)
  • Applicant Father and Mother PAN, Aadhaar cards, Photos
Co-Applicant Documents
  • PAN, Aadhaar Card
  • Last 6 Months Bank Statements of Co-Applicant

In case of Salaried Employee (All the following)

  • Latest 3 Salary Slips or Salary Certificate on Employer’s Letterhead
  • Last 1 Year’s Form 16 from Employer or Last 1 Year’s Income Tax Returns
  • Any Other Income Proof That is Not Reflected in the Above Documents

In case of Self Employed or Professional (All the following)

  • Last 2 Year’s Income Tax Returns
  • Last 2 Year’s Certified Financial Statements or Provisional Financial Statements Duly Certified by CA
  • Proof Of Office (any one of the following, Lease Deed, Utility Bill, Title Deed, etc.)
  • Any Other Income Proof That is Not Reflected in the Above Documents
References
  • Two References Details – Name, Email, Mobile Number and Address
If, Collateral - Immovable Property (Flat, House, Non-Agriculture Land) (All the Relevant Documents from the Following List)
  • Property Title Deed
  • 7 / 12 extracts in case of land
  • Registered Sale Agreement Along With Society Share Certificate
  • Original Registration receipt for the above agreement
  • Allotment Letter By Municipal Corporation / Authorized Govt. Authority Like MHADA, CIDCO, etc. Please add HUDA, DDA, JDA, GIDC etc
  • Previous Chain of Sale Deed establishing title
  • Latest Maintenance bill alongwith Receipts issued by builder/ society,
  • Latest Property tax bill alongwith receipts,
  • NOC for mortgage from society/builder,
  • Approved building plan
  • Encumbrance certificates as on date etc

Education Loan Repayment for Auxilo Bank

  • Minimum loan repayment tenure – 12 months
  • Maximum loan repayment tenure – 180 months (including the course duration)
  • We also offer a grace period of 6 months from the time you complete the course or a grace period of 3 months from the time you secure your first job.

Loan Details

Monthly EMI: 0

Principal Amount: 0

Total Interest: 0

Total Amount: 0

What our Students say about us

Leela Krishna
Leela Krishna
2023-11-19
To be honest this is a good consultancy for who are looking to get loan to pursue your masters abroad, their way of handling clients is excellent. It only took me 2 days for a bank to reach me out regarding my loan and the whole process took me around a week. I’d recommend this to anyone who are gonna look for education loans.
Swathi Tammavarapu
Swathi Tammavarapu
2023-11-16
It's a good platform to get easy educational loans.The services is good 👍
Bharathi Ragala
Bharathi Ragala
2023-11-16
Loan process is so easy here. I have applied and received amount quickly in my account. Suggest to use
Google rating score: 5.0 of 5, based on 107 reviews,showing our latest reviews

Frequently Asked Questions

What is the maximum loan amount that one could get for overseas studies?

Auxilo supports all those countries that offer a promising future for the Indian student community to look forward to.

Who can apply for an Education Loan from Auxilo?

Any Indian student who wants to pursue higher education in India or abroad.

How much loan can you avail from Auxilo?

The great thing about Auxilo is that there is no higher limit for them. Convince them of your passion to pursue your goals and your overall tuition expenses will be funded by Auxilo.

For all Auxilo Education Loans, is collateral mandatory?

The reply is no. They have attractive unsecured Education Loan products on the basis of the strength of student/co-applicant/s. However if collateral is given, favourable interest rates negotiated solely for collateral-backed loans might be available.