Auxilo Finserv Education Loan
Empower your academic dreams with Auxilo Finserv’s flexible education loans, offering 100% financing and fast processing.
Overview
Auxilo Finserv is a leading education-focused NBFC in India, offering loans up to ₹75 lakh without collateral and up to ₹1.5 crore with security for studies in India and abroad. Supporting over 1,000 institutions globally, Auxilo provides 100% financing, quick sanctions in 3–7 days, and flexible repayment options.
Key Features & Benefits
- ✔ Loan Amount: Up to ₹75 lakh unsecured; ₹1.5 crore secured.
- ✔ Moratorium: Course duration + 12 months.
- ✔ Repayment Tenure: Up to 15 years (unsecured).
- ✔ Collateral: Optional; unsecured loans based on profile.
- ✔ Rates: 11%–12.5% p.a. for unsecured loans.
- ✔ Tax Benefits: Interest deductible under Section 80C.
- ✔ Fast Processing: Loan sanctions in 3–7 days with doorstep collection.
Eligibility Criteria
Student:
- Indian citizen, minimum 18 years old.
- Confirmed admission to recognized technical/professional courses in India/abroad.
- Strong academic record and entrance exam scores - optional (e.g., GRE, GMAT, IELTS).
Co-applicant:
- Indian citizen (parent, sibling, spouse, or extended family).
- Stable income source (salaried/pensioner, self-employed, rental, agricultural, etc.)
Documents Required
Student:
- Admission letter or application proof.
- Academic records (10th, 12th, graduation, entrance exam scores).
- KYC (Aadhaar, PAN, Passport, Voter ID).
- Passport-size photographs.
Co-applicant:
- KYC (Aadhaar, PAN, Passport).
- Income proof documents.
- Address proof (utility bill, Aadhaar).
Other:
- Loan application form.
- Course fee structure.
- Collateral documents (if applicable).
Interest Rates & Charges
Auxilo Finserv offers competitive floating interest rates tailored to the student’s academic profile and co-applicant’s financial strength.
| Loan Type | Interest Rate (p.a.)* | Processing Fee | Collateral |
|---|---|---|---|
| Unsecured (up to ₹75 lakh) | ~11% - 12.5% | ~1% of loan (often negotiable via StudySahara) | Not required |
| Secured (up to ₹1.5 crore) | ~10% - 11% | ~1% of loan (often negotiable via StudySahara) | Required |
*Rates are indicative and vary based on profile. Contact Auxilo for exact rates.
Application Process
- Submit Inquiry: Fill out our quick online form.
- Expert Guidance: Connect with our loan advisor for Auxilo options.
- Document Prep: We’ll assist with doorstep document collection.
- Application: Submit online with our support to Auxilo.
- Disbursal: Funds released post-approval, with fast processing.