Auxilo
call 1800 123 289456 user Login
open

Frequently Asked Questions

Got A Question? Get Answers Right Here!

Auxilo offers a flexible repayment tenure of up to 10 years for its Loans to Vocational Colleges.

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.

The loan amount can vary depending on the credit score of the borrower & the cost of the MBA program. We may offer up to 100% of the program cost, while others may have a maximum loan limit.

Canadian educational institutions present three principal entry points for international scholars, including those from India, looking to pursue their academic quests abroad: September, January, and a limited number in May. The September intake stands out as the most comprehensive, offering an extensive selection of courses and programs, followed by the January entry, with May providing options predominantly for specialized courses, catering to a diverse range of academic preferences and timelines.

All institutions typically ask for documents like proof of address, proof of age, and proof of income. However, every institution may also request a few documents in accordance with the student loan eligibility criterion.

Yes, you can apply for an education loan if your application is rejected the first time.

The following documents are required to avail an education loan for an MBA: 1. Loan application form duly filled and signed by the student or Digital Form Submission 2. KYC documents of the student and co-applicant, if any. 3. Proof of income of the co-applicant, if any. 4. Mark sheets and certificates of 10th and 12th standard examinations. 5. Admission letter from the institute. 6. Proof of admission fee, course fee and other related expenses. 7. Collateral security documents, if applicable. 8. Bank statements of the student and coapplicant, if any, for the last 6 months. 9. A detailed study report of the course. 10. Recent passport-sized photographs of the student or Selfie if student using Digital Journey.

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

To apply for a student visa to study in New Zealand, you will need to provide proof of enrolment at a New Zealand institution, as well as evidence of financial support for your studies. You will also need to meet certain health and character requirements.

At Auxilo, we offer a range of loans to cater to the diverse needs of educational institutions. This includes Secured Loans, backed by collateral, and Unsecured Loans, which require no collateral.

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.

Auxilo provides a dedicated manager to guide you throughout the loan process. This dedicated relationship manager helps you understand the steps involved, assisting with documentation, and offering clarity on repayment terms.

Auxilo's Education SME Loan is designed to support Micro, Small, and Medium Enterprises (MSMEs) operating in the education sector. Our aim is to provide the financial assistance needed for these businesses to achieve growth and optimize their operational processes, ensuring a smooth path towards success in the education field.

International students in the UK are allowed to work up to 20 hours per week during the academic term and full-time during holidays. There are many opportunities to work while studying in the UK, and many students take part-time jobs to help pay for their studies and living expenses.

Collateral may be required for some loan options, but there are also unsecured loan options available where no collateral is required, with us.

Yes, Auxilo offers bespoke loan refinance solutions to manage existing loan liabilities, paving the way for secure future business growth.

Auxilo offers a diverse range of collateral options for securing your loan, providing both flexibility and convenience. Collaterals can include the institution's land and buildings, residential buildings, open plots, commercial spaces, and more, catering to your unique requirements.

We also lend to applicants who are running Affordable/ K12 schools, Play Schools, Pre Schools & Boarding schools which are private & unaided.

Only you and the financial institutions you authorise with an application signature can view your credit report. Some banks can also check your credit score and report to provide a pre-approved loan or credit offer.

The steps to apply for admission to a U.S. college or university, research schools or college programs is to take standardized tests such as the TOEFL, SAT or ACT, submit transcripts and test scores, write essays, and complete an application form.

Reach Out To Us

In case you didn't find your question answered above, feel free to reach out to us using the form below and we will get back to you with a response.