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Frequently Asked Questions

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Penalty charges for delayed or missed EMIs are applied as per the terms of your loan agreement. Please refer to your RPS or loan document for detailed information.

As per RBI guidelines, we need your address as mentioned in your KYC documents for our records.

An education loan typically covers expenses related to higher education such as tuition, room and board, books, and other related costs. Some education loans may also cover other expenses such as a computer or transportation. The specifics of what is covered in an education loan can vary depending on the lender and the loan program. It's important to carefully read the terms and conditions of any loan you are considering to ensure that it covers the expenses you need it to.

Taking an education loan for an MBA in India can be an excellent investment, as it can help you to secure a good job and a higher salary. An MBA program can help you to gain the knowledge, skills, and expertise needed to be successful in the business world, so the potential financial return from the loan can be considerable. Additionally, an education loan can help you cover tuition, textbooks, and other expenses associated with your MBA program. Taking an education loan for an MBA in India can be an intelligent way to finance your studies and help you to reach your career goals.

Industry work experience can be a factor in graduate admissions, but it is not necessarily a deciding factor. The admissions committee will consider the entire application package, including academic record, references, and other relevant information. However, applicants with prior work experience in the industry related to their desired program may have an advantage in terms of demonstrating their commitment to the field and their ability to apply their knowledge in practical settings.

It depends on the type of student visa issued and the policy of the government. Some students may be eligible for a work permit after completing their studies, but it is best to check with the university and government for the most up-to-date information.

The placement record of MBA colleges in India varies depending on the institute and the program. However, most top MBA colleges in India have a good placement record, with many of their graduates getting recruited by top companies in India and abroad.

The top MBA colleges in India include Indian Institute of Management (IIM) Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, Indian Institute of Technology (IIT) Delhi, IIT Bombay, IIT Kharagpur, Management Development Institute (MDI) Gurgaon, and Faculty of Management Studies (FMS) Delhi.

Yes, Auxilo's Loans to Vocational Colleges can be utilized for purchasing cutting-edge equipment and tools, enabling institutions to provide practical, hands-on education that prepares students for industry-specific careers.

Yes, scholarships are available for Indian students studying in the UAE. Some universities in the UAE offer merit-based scholarships while others offer need-based scholarships. It's best to check with the universities directly to find out more about available scholarships.

Yes, there are scholarships available for international students studying in the USA. Many universities offer scholarships to international students, and there are also organizations and foundations that provide scholarships specifically for international students.

Sure. You may calculate your required loan amount and apply accordingly.

The Collateral should be any one of the following assists: Moveable Collateral. Fixed Deposit .Immoveable Collateral , Flat, House, Bungalow, Land (Non-Agricultural), Shop, etc.

Choosing the best study track in Germany depends on your personal preferences and targets. Popular study options in Germany are business, engineering, computer studies, health, law, finance, and global affairs. Moreover, Germany provides specific programs like car engineering, sustainable power, bioengineering, and space flight engineering.

The main language of instruction in universities in the UAE is English, however some universities offer programs in Arabic as well.

Auxilo's Play School Loans are financial solutions tailored specifically to the needs of play schools. They can finance infrastructure development among other needs. The purpose is to create a stimulating and nurturing atmosphere for young learners.

Yes, Auxilo provides loans for facility improvements such as enhancing school cafeterias, auditoriums, administrative blocks, and improving transportation options.

Yes, there are a variety of scholarships available for Indian students studying in Singapore. The Singaporean government can offer these scholarships, as can the government of India and Singaporean universities.

The candidate applying for the loan must be a resident of India. He/she must have confirmed admission to recognized educational institutes in India or abroad. The candidate's age must fall within the bracket of 18 to 35 years during loan application. He/she must undergo a graduate/postgraduate degree or a PG diploma. The applicant should have secured admission to a college or university affiliated with University Grants Commission (UGC)/All India Council for Technical Education (AICTE)/Govt. etc. Students pursuing full-time courses need a co-applicant who can be either a parent/guardian or spouse/parent-in-law (in the case of married candidates). The co-applicant must have a regular income source. A strong academic record facilitates speedy loan approval.

To study in Singapore as an Indian student, you will need to meet the academic and English language requirements of the institution you wish to attend, as well as obtain a student visa.

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