Auxilo Education Loan offers students uniquely designed education loans for overseas studies that are simple and hassle-free. Their lightning fast application process and simplified documentation list is the reason so many students opt for an Auxilo Education Loan to finance their education abroad. Make sure you get your education loan from Auxilo today.
Loan Margin: NIL
Processing Fees: 1.0% to 2.0% of Loan Amount

Auxilo is a premium pro-education NBFC that specializes in education loans for overseas studies. Founded in 2017, Auxilo is still a relatively new company but already has an excellent track record in funding students’ overseas education. By partnering with UniCreds, Auxilo is set to help more students finance their tuition fees and other living expenses. Auxilo assesses students on the basis of 15+ parameters and offers personalised education loan options for countries like US & Canada. UniCreds can also help you in getting an Auxilo Education Loan for study abroad even before you secure admission on the basis of your academic profile.

Features Of Auxilo Abroad Education Loan

Sr. NoFeaturesEducation Loan Details
1Loan amount₹1,00,00,000.00 (Collateral) ₹40,00,000.00 (Without Collateral)
2Margin moneyNil
3Processing fee1.0% to 2.0%
4Processing time12 Days
5Loan tenure10 Years
6Prepayment charges5.0%
7Countries coveredUSA, Canada, UK, Ireland, New Zealand, Australia, Germany and others

Benefits of Auxilo Abroad Education Loan

Express Approval
With UniCreds, you can expedite their loan application process in urgent cases. Be assured of getting your education loan processed in two working days. In case you need to meet a deadline to get your loan approved, remit the fee, or get your VISA, you can approach UniCreds with your concerns, and we will ensure that your loan is sanctioned before time.
No Margin Money
A major advantage of securing an Auxilo Abroad Education Loan for your overseas studies is that here is no margin money unlike education loans from private and public sector banks. In short, margin is the money borrowers need to pay themselves and the remaining by the lender. This means that Auxilo Abroad Education Loan will provide a 100% coverage of expenses apart from tuition fees including accommodation, travel costs and Caution Deposit/Building Fund/ Refundable Deposit. Therefore, you will not have to shell out a penny from your pocket while financing your education and related costs.
Flexible Repayment Options
Avail Auxilo Abroad Education Loan’s flexible repayments wherein loans can be altered to suit the customers’ needs. If you have any special requests pertaining to your education loan, you can get in touch with UniCreds and we, in turn will convey the same to the Auxilo team, and offer you the best deals which align with your needs.
Customized Education Loan Solutions
Get tailor made solutions to your education loan i.e tenure, payment during the moratorium period, disbursal from Auxilo to suit your specific needs.
Digital Process
UniCreds will make it possible for you to upload documents without visiting the branch. This saves you energy, time, and expenses and also keeps you away from the ordeal of handling volumes of paperwork physically.

UniCreds provides students with a customised list of documents by analysing the student’s profile, the co-applicant’s profile and any property/asset, which you may offer as collateral. At a high level, these are the documents needed:

Benefits Of Getting Your Auxilo Abroad Education Loan Through UniCreds

Higher Chance Of Approval
By applying for your education loan through UniCreds, you are increasing your chances of approval. Generally, NBFCs dismiss applications if they find any missing documents, property issues, or any other problem. With UniCreds, we will immediately reach out to Auxilo officials and find the best solution.
Online Submission Of Documents
With UniCreds, you can submit all the required documents from home! There won’t be any need to visit the branch. Simply head over to our website and submit all the documents there. There won’t be a possibility of not submitting an essential document, as our system is designed to ensure all essential documents are submitted. You also get stepwise updates via notifications.
No Cost To You
All our education loan services are completely free of cost.
Quicker Sanctions
Our strategic partnerships ensure low turnaround time. Expect to have your education loan processed and sanctioned within 5 days.

Eligibility Criteria For Auxilo Abroad Education Loan

Sr. NoTypeRequirement
1Eligibility For An Auxilo Education Loan1. The student applying for the Education Loan should be an Indian citizen, 18 years old or above. 2. The student should have a confirmed admission in the Institute before Auxilo allocates the Education Loan. 3. An earning co-borrower in India should co-sign the Education Loan.

Documents Required for Auxilo Abroad Education Loan

UniCreds provides students with a customised list of documents by analysing the student’s profile, the co-applicant’s profile and any property/asset, which you may offer as collateral. At a high level, these are the documents needed:

Sr. NoTypeDocuments Required
1For Applicants:KYC documents like Aadhaar card or PAN card. Academic documents like SSC, HSC, Graduation, etc. A valid passport.
2For Co-Applicants:Basic KYC documents like Aadhaar card and PAN card. Income documents like pay-slips, Form 16/ITR. Bank Statements.

How To Apply For Auxilo Abroad Education Loan?

1. Apply Online and Upload Documents. 2. Doorstep Collection of Documents. 3. Processing and Approval. 4. Loan Sanction and Disbursal.

Frequently Asked Questions

What is the maximum loan amount that one could get for overseas studies?
Auxilo supports all those countries that offer a promising future for the Indian student community to look forward to.