Auxilo
call 1800 123 289456 user Login
open

Reach Out To Us

  1. Home
  3. Frequently Asked Questions
Got A Question? Get Answers Right Here!

FAQ Hub: Everything You Need

search
The application process for universities in the UK can vary depending on the institution, but generally, you will need to submit your academic records, transcripts, test scores, and other required documents. Some universities also require you to submit an application fee and an essay or personal statement.
The placement record of MBA colleges in India varies depending on the institute and the program. However, most top MBA colleges in India have a good placement record, with many of their graduates getting recruited by top companies in India and abroad.
As a general rule, you will require at least having a secondary school certificate as well as comply with specific college or university academic standards that you wish to attend. You may also be required to take examinations such as IELTS and TOEFL to prove your fluency in English
No, we maintain a policy of full transparency. There are no hidden charges, and all fees related to the loan can be found in our Schedule of Fees & Charges.
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.
Pan card & Aadhar for KYC, identity and address verifications, employment credentials like Form 16, ITR as per RBI directives. The banking credentials for underwriting and ENACH setup. The loan sponsor/financial co-applicant consent, KYC, banking details as per the course and product.
Your credit score gets evaluated based on your: Payment History - Any late payments or bankruptcies could affect your credit score. Amounts Owed - Your debts and credits are evaluated here. If you owe more than your credit limit, it will negatively impact your score. Age of Credit History - Your credit history starts from the first time you start a credit account. A longer credit history will be viewed favourably. New Credit - New credit requests, such as an application for a new credit card can indicate your risk. Multiple credit requests in a short span of time translate to higher risk for lenders. Types of Credit Used - Your credit accounts and the number of instalment-type accounts are checked here. A diverse credit portfolio can benefit your credit score.
Auxilo do not charge any login fees like other NBFCs. However, processing fees will be charged once the case in-principle is sanctioned.
Universities typically evaluate applicants based on a combination of factors, such as academic performance (GPA, test scores, course selection, etc.), extracurricular activities, essays, letters of recommendation, and interviews. Universities may also consider an applicant's background, such as socioeconomic status, race, ethnicity, and gender, although these factors are typically considered only in the context of the university's commitment to creating a diverse and inclusive learning environment.
Auxilo provides a dedicated manager to guide you throughout the loan process. This dedicated relationship manager helps you understand the steps involved, assisting with documentation, and offering clarity on repayment terms.
The eligibility criteria can vary depending on the lender, but generally, an applicant must be an Indian citizen, have a good credit score, and demonstrate a steady income or a co-signer.
At Auxilo, we operate distinctively with our unique Triple A Model - Aspirant, Aspiration, Access, forming the heart of our lending methodology. We are dedicated to providing financial access to deserving educators and students with aspirations to excel. Our commitment to innovation, transparency, and deep-rooted understanding of education finance sets us apart. Additionally, our direct collaboration with educational institutions ensures a streamlined process, redefining efficiency and eliminating additional costs. At Auxilo, we're more than a financial provider, we're your devoted partners in making educational dreams come true.
The main purpose of Auxilo's Loans to Vocational Colleges is to provide financial support for enhancing the quality of education, expanding the capacity and capabilities of institutions, and enabling them to deliver a state-of-the-art learning experience to students.
Yes, it is always a good idea to repay your education loan. Doing so will help you improve your credit score, which may make it easier for you to borrow money. Additionally, it will help you avoid interest charges that can add up over time.
No, currently we provide only the EMI (Equated Monthly Instalment) method of repayment.
It depends on the program. Many programs, especially postgraduate courses, are offered in English. However, for programs taught in Italian, proof of language proficiency (CILS, CELI) is typically required.
Aspiring Indian scholars aiming for the September intake in illustrious Canadian universities should embark on their application journey by April of the preceding academic year. This timeframe allows for diligent research into various programs, adherence to the critical deadlines, and the arrangement of financial support, including education loans, to facilitate their higher education endeavors in Canada.
The loan can be utilized for numerous purposes such as improving infrastructure, procuring advanced equipment, financing staff development, expanding course offerings, and facilitating digital transformation.
Pan card & Aadhar for KYC, identity and address verifications, employment credentials like Form 16, ITR as per RBI directives. The banking credentials for underwriting and ENACH setup. The loan sponsor/financial co-applicant consent, KYC, banking details as per the course and product.
The main purpose of Auxilo's Loans to Vocational Colleges is to provide financial support for enhancing the quality of education, expanding the capacity and capabilities of institutions, and enabling them to deliver a state-of-the-art learning experience to students.

Reach Out To Us

In case you didn't find your question answered above, feel free to reach out to us using the form below and we will get back to you with a response.
Auxilo Finserve Pvt. Ltd. is an NBFC registered with the Reserve Bank of India.

FAQ | Contact Us | Terms and Conditions | Terms of use | Benchmark Lending Rate | Fair Practice & Code | Customer Grievances | Ombudsman Scheme | Sachet Portal | Privacy Policy | Cookie Policy | Customer Information Center

*Conditions Apply. All loans are subject to approval and credit terms of Auxilo Finserve Pvt. Ltd.