Education Loans
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NBFC
Auxilo Finserve
Auxilo focuses on merit and future earnings, with quick digital sanctions and flexible repayment.
Interest
11%–14.5%
Max loan
₹100L
Non-collateral cap
₹40L
Tenure
10 years
Moratorium
12 months
Processing fee
1.5%
Type
Collateral + Non-collateral
Sample EMI (₹20L, 10y)
₹29,568/mo
Collateral rules
Collateral not required for premier institutes up to ₹40L.
Supported destinations
USAUKGermanyItalyCanadaAustraliaIreland
Eligibility
- Indian national
- Admission letter
Application process
- 1Apply online
- 2Sanction
- 3Disburse
Documents required
- KYC
- Offer letter
- Academics
- Income proof
FAQs
Prepayment penalty?
Nil for individual borrowers on floating rates.