Penalty charges for delayed or missed EMIs are applied as per the terms of your loan agreement. Please refer to your RPS or loan document for detailed information.
Yes, the applicant can re-apply for an Auxilo Student Loan. It is important that he/she fulfill all the documentation and required requirements before re-applying to Auxilo.
You may contact your Customer Experience Manager (CEM) to understand the foreclosure amount, process, and applicable charges, or alternatively raise a request with customer care.
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.
The best thing about Auxilo is that we don't have a higher limit. Convince us of your passion to fulfill your dreams and Auxilo will fund your total cost of education.