Auxilo Education Loan
Interest Rate
Begins from 11.05%
Processing Fees
0.5% to 1.5% of the total loan sum
Financing
100%
Our Education Loans are trusted by
10 Lakh
Students
10+
Countries
5000+
Institutes
How to Get Approved for an Auxilo Education Loan?
Check Eligibility
First of all, check whether you are eligible for the loan. Contact the lender and confirm the eligibility criteria.
Consult Our Experts
Get in touch with our loan experts and counsellors who will guide you through further steps.
Apply
Fill in your details in the application form and attach the required documents for evaluation and verification.
Receive Approval
After the lender assesses and validates your information and documents, you will receive approval from Auxilo.
Auxilo Education Loan Information
Perks
Details
Loan Amount
Up to INR 65 lakhs
Interest Rate
11.05% to 14.00% to per annum
Processing Charges
0.5% to 1.5% of the overall loan sum
Margin
Nil
Processing Time
7-10 days
Repayment Tenure
15 years
Part Payment Option
Allowed
Moratorium Tenure
Course duration+1 year
Eligibility Criteria for Auxilo Education Loan
- Age: As the primary applicant, you should be 18 years or above and an Indian citizen. You have an acceptance letter from a recognised university overseas.
- Education Qualifications: The applicant must have excellent educational qualifications to get an Auxilo education loan. You should also score well in entrance exams and language proficiency tests.
- Co-Signer or Co-Applicant: Whether the co-applicant is one of your family members, friends, or relatives, they should have a steady income source and an excellent credit history.
- Courses and Countries: The education loan will cover bachelor's, master's, diploma, certificate, and PhD programs in any subject offered by eminent and recognised universities and colleges in, New Zealand, Ireland, UK, Australia, France, Germany, Canada, and America.
Repayment Terms of the Auxilo Education Loan
| Masters / PG-programs | Partial Interest EMI, Simple Interest EMI, Full EMI |
| Bachelors / UG-programs | Full EMI |
Financial Aspects of Auxilo Education Loan
- Pay back your student loan after completing your course.
- The earnings of your parents, guardians, and co-applicants are taken into account for a student loan from Auxilo. It is only to evaluate the creditworthiness and repayment capacity of the co-signer and you.
Academic Qualifications for Auxilo Education Loan
- Auxilo offers education loans to students with constant academic records
- Pursue a program from a recognised institution abroad.
- Score well in preparatory exams and language proficiency tests like the GRE, TOEFL, or IELTS
- Pursue regular bachelors, masters, diploma, certificate, or doctorate programs in any discipline
Our free tools will help you out
EMI Calculator
EMI Calculator
Documents Required for Auxilo Education Loan
- Identification Proof: PAN, Passport, Driver’s License, or Voter Identity Card.
- Education loan application form.
- Residential Address Proof: Copies of utility bills like telephone, electricity, water, piped gas, driving license, ration card, or Aadhaar card.
- Past academic records such as 10th, 12th, and graduate results (semester-wise), marksheets
- Results of ILETS, TOFL and entrance results
- Admission Letter
- Statement of expenses (if applicable)
- Identity Proof: PAN, Passport, Driving License, Aadhaar Card, or Voter Identity card.
- Address Proof: Copies of utility bills like telephone, electricity, water, piped gas, driving license, ration card, or Aadhaar card.
- Bank account statement for the past 6 months.
- In the case of past loans, provide the loan account statement of 1 year
- Salary slips for the last 3 months.
- Copy of Form 16 from the past 2 years.
- Salary account statement for the preceding 6 months.
- A brief statement of the parent, guardian, and co-applicant's assets and liabilities
- Proof of Business address.
- Past 2 years ITR.
- TDS certificate (Form 16A, if applicable)
- Qualification certification (for C.A., doctors, and other professionals).
- A brief statement of assets and liabilities
- Bank account statement for the past 6 months.
Reasons to Choose Education Loans
Easy Repayment
Education loans have easy and simple repayment terms. They have a tenure called the grace period in which you do not need to pay anything at this time. You can repay the loan after completing your course, getting a job and stabilising your finances.
Affordable Rates of Interest
Education loans such as the Auxilo education loan have low rates of interest. This makes them more affordable, making study loans easily accessible. As the interest rates are so reasonable, you pay low interest.
Covers Wide Ranges of Costs
Education loan not only covers tuition fees but also cover living costs, including accommodation, travel, food and groceries, and other costs like books and supplies, leisure activities, etc. This broad coverage lets you focus on your studies without worrying about savings.
Less Financial Burden
Unlike other financial tools, study loans do not require upfront payments. This decreases the financial burden and lets you begin your studies without worrying about upfront charges.
Why Select Auxilo?
Auxilo Education Loan Application Process Via Qck Loans
Want to apply for an Auxilo study loan? Below are the steps for applying for an education loan from Auxilo Finserv through Qck Loans:
Step1
- Apply Online
Step 2
- Review
Step 3
- Get the Loan
Akash HD
TU Munich, Germany
Kishan
UNSW, Australia
“Heartfelt thanks to Qck Loans for facilitating a Rs 55,00,000 non-collateral loan for my studies at UNSW, Australia. Their guidance in covering tuition and living expenses was invaluable. Qck Loans made my dream of studying abroad achievable and stress-free with their expert Education Loans to Study Abroad. Their dedication has been a cornerstone in my educational journey.”
Ananya
EPITA, France
“I am deeply grateful to Qck Loans for their invaluable support in securing a 20,00,000 loan for my studies at EPITA, France. Their guidance and efficient processing made what seemed a daunting task, both manageable and straightforward. Their team’s dedication and understanding of my educational goals were instrumental in making my dream a reality. Thanks to Qck Loans and their expertise in providing quick Education Loans to Study Abroad, I am now poised to embark on a transformative educational journey.”
Varuna
University of Twente, Netherlands
Sahana
Arizona State University, USA
I am very grateful to Qck Loans for having approved and assisting me in getting my 60,00,000 collateral education loan to study abroad at Arizona State University, USA. With exceptional services and seamless processing helped me to allocate the amount easily amongst my expenses. It is many girls’ wish to live the American dream, and it was possible by partnering with Qck Loans made it possible for me to get a quick loan for my studies abroad.
Our Lending partners
Everything you need to know
Auxilo Finserv has many unsecured study loan options, and you can avail of them based on your application strength. However, the Auxilo education loan interest rate is appealing and offers numerous options for secured loans.