Check Your Education Loan EMI in Seconds with Scholars Grant
Check EMI CalculatorLet's learn about how Auxilo's study abroad loans are processed, with an emphasis on you. Here is where you discover the essential aspects of an application related to Auxilo education loan interest rates, processing charges, and loan repayment options.
Auxilo - Education Loan
3 days Avg Loan Processing Time
Apply NowOur education loan counsellors will stay by your side every step of the way and recommend the best partner and guide you through the loan applying and sanctioning process.
Margin
NIL
Collateral
Collateral free loans available
Loan Tenure
Up to 15 Years
Processing fee
0.5% Onwards
Early Repayment
Yes (without any charges)
Living Cost
Yes
Secured Loan
Up To 2Cr
Un-Secured Loan
Up To 80Lac
Features of Auxilo Education Loan For Abroad Studies
The interest rate for the Auxilo education loan ranges from 11.25% to 13.50%*. Different spreads are applied based on the course profiling and credit assessment. It is simple interest calculated as the interest rate, and students benefit from attractive rates along with flexible terms and straightforward repayment options.
| Features | Education Loan Details |
|---|---|
| Loan amount | Upto ₹2Cr (Collateral) / Upto ₹80Lac (Without Collateral) |
| Margin money | Nil |
| Interest rate | 11.25% to 13.50%* — simple interest; spreads vary by course profiling and credit analysis |
| Processing fee | 0.5% Onwards |
| Processing time | 3 Days |
| Loan tenure | 15 Years |
| Prepayment charges | Nil |
| Countries covered | USA, Canada, UK, Ireland, New Zealand, Australia, Germany and others |
Eligibility Criteria to Apply for Auxilo Education Loan
Understanding the eligibility criteria for both the applicant and the co-borrower helps you prepare a strong Auxilo education loan application.
| Type | Requirement |
|---|---|
| For the applicant | Must be an Indian citizen who is at least 18 years old, with verified enrollment at the institute; a co-borrower who earns in India must co-sign the loan. |
| For the co-borrower | Must be an Indian citizen earning in India, with an Indian bank account that allows cheque writing. May be a parent, legal guardian, family member or sibling, and will be viewed as the main debtor. |
| Eligible Courses | Graduation, post-graduation and diploma programmes accredited by UGC/AICTE/IMC/Government authorities; Law, Business Administration, Healthcare, Engineering, Aviation and other specialised and vocational programs, including executive programs. |
| Eligible Countries | USA, UK, Canada, Germany, Ireland, Australia, Singapore, New Zealand and UAE. |
Benefits of Auxilo Study Abroad Loan
Quicker Response Time
Simplified online application for faster funding to adhere to deadlines.
Loans for Pre-admission & Pre-visa Disbursement
Simplify study abroad applications and secure your ideal university spot.
Customized Payment Plans
Adaptable choices tailored to your prospective earnings and area of study.
Potential-Focused Method
Top interest rates (beginning at 11.5%*) determined by academic performance, university standing and potential future outcomes.
Thorough Expense Protection
Includes expenses for daily living, supplies, assessments, transportation and lodging.
Looking for Faster and streamlined Process?
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