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Frequently Asked Questions

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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.

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

The candidate applying for the education loan must be a resident of India. He/she must have confirmed admission to recognized educational institutes in India. 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.

Yes, there are scholarships available to Study at German universities. Many universities offer scholarships to international students. These scholarships may be need-based or merit-based, depending on the individual university. Some universities in Germany also offer research grants, which can help cover the cost of studying in Germany. Additionally, there are a number of external organizations that provide scholarships to international students studying in Germany.

While your credit score does play a crucial role, it is not the only deciding factor. Different lenders have their own underwriting policies. Some financiers may provide loans to individuals who have a score of 700, while others may need you to have a minimum credit score of 800. Conversely, if you spend more than 50% of your monthly income on repaying outstanding debts, your loan application could get rejected despite the fact that you have a high credit score.

CAPEX Enhancement Loans from Auxilo aim to empower institutions by funding Infrastructure Development, Campus Expansion, and Additional Land Purchase for Future Expansion.

Auxilo uses a popular scientific method, which measures more than 15 parameters of the student and co-applicant strength. For e.g.: Popularity of university/course, credit worthiness of the co-applicant, etc.

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.

Education loans for MBA can be beneficial for students who are looking to finance their education in order to pursue their career ambitions. An MBA can open up many doors and can provide the necessary knowledge and skills needed to succeed in the business world. An MBA will also provide the necessary network of contacts and resources that can help to further one's career and professional development. With an education loan for MBA, students can access the necessary funds to pay for tuition fees, books, living expenses, and other related costs. This can be a great way to manage your finances and to ensure that you get the most out of your MBA degree.

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.

The most popular cities for Indians to study in Germany include Berlin, Munich, Hamburg, Cologne, Stuttgart, and Frankfurt. Each of these cities has a vibrant Indian community and offers a range of opportunities for work, study, and leisure.

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.

Auxilo's loans can be specifically utilized to upgrade health and safety measures – such as installation of CCTV cameras, purchase of safety gear, first aid kits, or child-safe furniture – to create a safe and secure environment for children.

At Auxilo, we understand every play school has unique financial needs. That's why we offer loans ranging from 15 to 20 lakh to fulfill your institution's specific requirements.

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.

Auxilo's Education SME Loan is designed to support Micro, Small, and Medium Enterprises (s) 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.

The approval process can take anywhere from a few days to a few weeks, depending on the lender and the completeness of the application.

Visit Auxilo's School & College Loan page, click on 'Apply Now' and follow the instructions.

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.

Yes, Indian students can ask to settle in the UK after they finish studying there. The rules change based on the visa type (Tier 4, Tier 2, etc.) the student uses. Usually, students need to work in the UK for at least five years to qualify for PR.

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