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Auxilo Finserv Education Loan

Empower your academic dreams with Auxilo Finserv’s flexible education loans, offering 100% financing and fast processing.

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Overview

Auxilo Finserv is a leading education-focused NBFC in India, offering loans up to ₹65 lakh without collateral and up to ₹1 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 ₹65 lakh unsecured; ₹1 crore secured.
  • ✔Moratorium: Course duration + 12 months.
  • ✔Repayment Tenure: Up to 15 years (unsecured), 20 years (secured).
  • ✔Collateral: Optional; unsecured loans based on profile.
  • ✔Rates: 11%–14% p.a., lower for secured loans.
  • ✔Tax Benefits: Interest deductible under Section 80E.
  • ✔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 (e.g., GRE, GMAT, IELTS).

Co-applicant:

  • •Indian citizen (parent, guardian, or relative).
  • •Stable income and good credit score.

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 (ITR, salary slips, 6 months’ bank statements).
  • •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 ₹65 lakh) ~11% - 14% 0.35%–2% + GST Not required
Secured (up to ₹1 crore) ~10% - 13% 0.35%–2% + GST Required

*Rates are indicative and vary based on profile. Contact Auxilo for exact rates.

Application Process

  1. Submit Inquiry: Fill out our quick online form.
  2. Expert Guidance: Connect with our loan advisor for Auxilo options.
  3. Document Prep: We’ll assist with doorstep document collection.
  4. Application: Submit online with our support to Auxilo.
  5. Disbursal: Funds released post-approval, with fast processing.

Frequently Asked Questions