Auxilo Finserve Education Loan
NBFCA dedicated education-focused NBFC offering unsecured loans up to ₹1 Crore for study abroad, with pre-admission loans and flexible moratorium servicing options.
Why Choose Auxilo Finserve Education Loan?
Risk-Based Floating Pricing
Floating interest rates from around 10.25% p.a., calculated as Auxilo's Benchmark Lending Rate plus a spread based on university ranking, academics, and co-applicant income.
High-Value Unsecured Loans
Unsecured loans up to ₹1 Crore for the USA, with country-specific caps such as ₹40 Lakh for the UK/Germany/Ireland/Canada and ₹60 Lakh for Australia; secured loans go up to ₹1 Crore.
Flexible Moratorium Servicing
Choose between partial simple interest (₹2,000–₹10,000/month), full simple interest, or full EMI during the moratorium, which covers course duration plus up to 1 year.
Pre-Admission Loans
Loans available even before admission is confirmed, so you can present proof of funds during your university application process.
1% Interest Concession
A 1% concession on the interest rate is available if you service the interest during the moratorium period, and no margin money is charged.
Expenses Covered
Auxilo Finserve Loan Highlights
- RBI-registered NBFC dedicated to education financing
- Unsecured loans up to ₹1 Crore for the USA; up to ₹65 Lakh overall without collateral
- No margin money charged by Auxilo
- Repayment tenure of up to 15 years
- Secured loans up to ₹1 Crore with up to 100% funding
- Tax benefits on interest paid under Section 80E
- 1% rate concession for servicing interest during moratorium
- Pre-visa disbursement and pre-admission loan options available
Eligibility Criteria
Indian Citizenship
Applicant must be an Indian citizen with confirmed admission to a recognized institution.
Recognized Institution
Admission must be to a course recognized by the relevant regulatory or educational authority, in India or abroad.
Co-applicant Required
A parent or guardian with a stable income is usually required to join as a co-applicant.
Loan Amount & Collateral
Unsecured loans without collateral are available up to ₹65 Lakh (up to ₹1 Crore for the USA). Higher amounts require tangible collateral of value equal to the loan amount.
Documents Required
Standard checklist for education loan applications — confirm the exact current list with Auxilo Finserve directly before applying.
Student Documents
- Passport
- Admission Letter
- Academic Marksheets
- PAN Card
- Aadhaar Card
- Photographs
Co-applicant Documents
- PAN Card
- Aadhaar Card
- Salary Slips / ITR
- Bank Statements (6 months)
- Employment Proof
- Address Proof
Collateral Documents (if applicable)
- Property Papers (Registry)
- Latest Tax Receipt
- Property Map
- Chain Documents
- NOC (If Applicable)
- Valuation Report
How Auxilo Finserve Education Loan Works
Check Eligibility
Apply & Upload Documents
Application Login
Credit Evaluation
Sanction Letter
Visa Approval
Disbursement of Loan
University Coverage
Auxilo Finserve funds education loans for study in India and popular destinations including the USA, UK, Canada, Australia, and Germany. It generally does not offer loans for MBBS in countries like the Philippines, Russia, Ukraine, and China. Loan amount and interest rate vary by destination country, course, and applicant profile — confirm coverage for your specific institution with Auxilo Finserve directly or our counsellors before applying.
EMI Calculator
Estimate your monthly EMI for a Auxilo Finserve education loan based on amount, tenure, and interest rate.
Open EMI CalculatorFrequently Asked Questions
Still not sure if Auxilo Finserve Education Loan is right for you?
Compare with other banks and choose the best loan for your study abroad journey.
