Financial Aid FAQs for Students
Educational Institution Loans range from a minimum of 3 years upto a maximum of 8 years.
Educational Infrastructure Loans are processed within 8-10 working days from receiving clear documentation.
Auxilo do not charge any login fees like other NBFCs. However, processing fees will be charged once the case in-principle is sanctioned.
A: Yes, you may require a co-applicant for your loan. The inclusion of a co-applicant provides the lender with an added layer of security and helps mitigate the risk associated with the loan. The lender will typically assess the creditworthiness and financial stability of the co-applicant as part of the loan approval process.
Yes. One can pre-pay the loan at any time after 6 months from the date of final disbursement of the loan. Foreclosure charges are as applicable.
The repayment of the loan has to be done from operative bank account through NACH.
Yes, once the case is sanctioned only then customer has to pay processing fees.
1. APPLY: Reach out to us for a detailed education infrastructure loan assessment. Submit the documents and processing fee cheque. 2. AFFIRM: Auxilo will carry out a detailed technical, legal and financial due diligence of your proposed project. 3. ACCEPT: Auxilo will make you an in-print.
We also lend to applicants who are running Affordable/ K12 schools, Play Schools, Pre Schools & Boarding schools which are private & unaided.
Charges and penalties such as overdue EMI, cheque bounce, cheque swap, etc. may be payable depending on the instance. We have a list of charges mentioned on our website and the same is updated from time to time.
