Financial Aid FAQs for Students
Your parents, siblings, spouse, parents-in-law, first blood relatives, legal guardians, to name a few.
Pan card & Aadhar for KYC, identity and address verifications, employment credentials like Form 16, ITR as per RBI directives. The banking credentials for underwriting and ENACH setup. The loan sponsor/financial co-applicant consent, KYC, banking details as per the course and product.
We use Fast, Secure and Efficient technology to fetch and store data from your bank statements. All your banking details are completely safe and tamper-proof with us. We do not have access to your internet banking password, nor do we have the ability to change your banking details.
We use SSL and other industry-standard encryption technologies while exchanging sensitive data with the application and with banking partners. We are legally compliant with all data privacy and IT security norms in India.
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.
The school has to be operational for at least 3 years before applying for an Education Infrastructure Loan.
You can only avail secured loans from Auxilo.
The valuation process evaluates the market value of the property. Auxilo would be initiating technical valuation of the property given as a security. A registered valuer will provide market value of the said property.
No, currently we provide only the EMI (Equated Monthly Instalment) method of repayment.
One can avail an Educational Infrastructure Loan for 1. School Loan: Construction of school building for expansion purpose. 2. Infrastructure Loan: Purchase of equipment related to school operations. 3. Land Loan: Purchase of land for school activities.
