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Auxilo Education Loan

Auxilo Finserve Pvt. Ltd. is a pro-education NBFC registered with the Reserve Bank of India. 

Eligibility criteria for education Loan through Auxilo:
  • The student applying for the Education Loan must be an Indian citizen, 18 years old or above.
  • The student must have a confirmed admission in the Institute before Auxilo disburses the Education Loan.
  • The Education Loan must be co-signed by an earning co-applicant in India.
  • The co-applicant of the student planning to study in India must be an Indian citizen and could be a parent, sibling, legal guardian, or a relative.
  • The co-applicant must have a bank account in any bank in India, with cheque writing facilities.
  • The co-applicant will be the primary debtor.
Courses covered for Education Loan from Auxilo:
  • Graduation, post-graduation and professional degree/diploma courses conducted by colleges/universities approved by UGC/AICTE/IMC/Govt. bodies, etc.
  • Technical/professional courses like management, medicine, law, engineering, aviation, etc.
  • Degree/diploma courses offered by independent institutions like IIT, IIM etc. that have been approved by Auxilo.
  • Courses offered in India by recognized foreign universities.
  • Vocational training, executive programs and other courses that have been approved by Auxilo.
Top countries covered for abroad Education Loan from Auxilo:
  • USA
  • UK
  • Australia
  • Canada
  • Germany 
  • Ireland
  • Singapore
  • New Zealand 
  • UAE
  • France
Costs covered under Education Loan from Auxilo:
  • Auxilo covers tuition fees, examination fees, living expenses, travel expenses, pre-admission costs, any other cost related to the course.
Types of accepted collaterals for Education Loan from Auxilo:
  • Moveable Collateral
  • Fixed Deposit
  • Immoveable Collateral , Apartment, House, Bungalow, Land (Non-Agricultural), Shop, etc.
Loan Insurance:
  •  1-2% of the sanctioned loan amount
Documents required for Education Loan Process: 



1) PAN Card

2) Aadhar Card

For Address Proof

1) Valid Electricity/ Water/ Gas bill/ Postpaid bill

2) Voter’s ID card

3) Passport

4) House Rent/ Lease agreement

For Academic record:

1) 10th Marksheet

2) 12th Marksheet

3) Admit card proof

4) Entrance Exam result ( GRE/ TOEFL/ IELTS/ GMAT – if applicable)

5) Under Graduate result ( if applicable provide semester wise)

For Co-applicant – Salaried:

1) Salary Slips (Last 3 months)

2) Bank Account Statement (Last 6 months)

3) IT Returns/ Form 16 for last 2- 3 years

For Co-applicant – Self Employed/ Business owner/ Farmer 

1) GST or ITR  (Last 2 -3 years)

2) Bank account statement (Last 6 months)

3) Business Address Proof (if required

  • Is there a limit on the education loan amount?

    Auxilo doesn’t have a higher limit and based on the candidate’s profile it covers 100% of the study cost.

  • Can I get an education Loan through Auxilo without any collateral?

    Yes, Auxilo provides both secured and non secured loan options.

  • If the Education Loan has been rejected once by Auxilo, can a candidate re-appply for Loan?

    Yes, The candidate can re-apply for the education loan with proper required documentation.

  • Does Auxilo provide loan before getting admission confirmation?

    Yes, Auxilo Provides pre- admission loans based on the student’s academic record. 

  • Does Auxilo provide loan before getting visa?

    Yes, Auxilo Provides pre- visa loans.

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