Auxilo













    Auxilo

    Dreaming education loan?
    Achieve it with Auxilo!

    Process

    • Connect
      Arrange a call with an executive by filling the required details.
    • Get Started
      Prepare the list of documents provided by the executive.
    • Complete
      The loan can be availed after verification and confirmation.

    When should I go for a loan?

    Before Admission to;

    • Smoothen your visa process
    • Eligibility check and better planning
    • Higher acceptance of sanction letter over solvency one

    Documents required for education loans are?

    • Finalized application form
    • Photograph and Photo ID
    • Residence and Admission proof
    • Academic documents
    • Rooted property documents
    • Bank statement along with Income proof of co-applicant

    Why is collateral security needed?

    A mortgage in the form of a fixed deposit or property is needed to cater to the interest of
    both parties.

    In case the borrowers fail to repay the entire amount, the lender can liquidate the mortgage
    to get hold of the differentiated amount

    Do Work-Experienced personnel get any benefit?

    Definitely! It leaves a positive impact and might be benefitted at the time of sanction.

    What sort of expenses are covered under the loan?

    Apart from complete education costs including tuition fees, living expenses along with some traveling expenses, books, and periodicals are covered under the loan.

    What factors affect the approval of an education loan?

    Determinants such as;

    • Academic background
    • Course and University applied for
    • Presence and type of security/collateral
    • The work profile of the guarantor/co-borrower