Auxilo Education Loan
Auxilo Education Loan
For Studying Abroad
Free Education Loan Assistance From Collegepond!
Interest Rate
Starting from 11%
Loan Amount
Upto 1 Crore
Processing Fees
Upto 0.5% + GST
Education Loan Process at Collegepond
Simple 4 Step Process to Obtain an Education Loan via Collegepond!
Verify Your Education
Loan Eligibility
Use our free tool to check your eligibility and access conditional loan options instantly.
Connect with our
Education Loan Advisors
Consult our dedicated loan advisors for personalized guidance and process insights.
Share Documents and
Complete the Application
Submit your documents and fill out the required forms for bank verification and review.
Secure the Best
Education Loan Offer
Our experts negotiate for you to secure the lowest interest rates and maximum loan amount.
Education Loan Approval
and Fund Disbursement
Receive the sanction letter and enjoy hassle-free disbursement of funds from the lender.
Connect with Our Education Loan Advisors
Consult our dedicated loan advisors for personalized guidance and process insights.
Share Documents and Complete the Application
Submit your documents and fill out the required forms for bank verification and review.
Secure the Best
Education Loan Offer
Our experts negotiate for you to secure the lowest interest rates and maximum loan amount.
Education Loan Approval and Fund Disbursement
Receive the sanction letter and enjoy hassle-free disbursement of funds from the lender.
Why Choose Auxilo for Education Loan?
All You Need to Know about Auxilo Financial Services
Table of Contents
About Auxilo
As an RBI-registered NBFC, Auxilo offers personalized education loan solutions designed to meet the unique needs of students, and educational institutions. With a strong commitment to compliance and regulatory standards, Auxilo provides flexible financing options that prioritize student success and make education accessible to all, regardless of financial background. By partnering with institutions, Auxilo works to strengthen the education ecosystem and ensure that quality education remains within reach for everyone. With a deep understanding of the challenges and costs associated with education, Auxilo supports the academic journey and empowers students and institutions to achieve their aspirations.
Key USPs
- Competitive Interest Rates: Affordable rates starting at 11%*.
- Quick Sanctioning Process: Faster approvals to match your timelines.
- Comprehensive Coverage: Financing tuition fees, living expenses, and more.
- Tailored Repayment Options: Flexible plans to suit your financial needs.
- Pre-Visa/Admission Loan Options: Funds even before securing admission or visa.
- High-Quality Service: Personalized support throughout the loan process.
- Transparent Processes: Clear and simple procedures with no hidden charges.
Required Documents
- Completed Application Form – Obtain it from Auxilo or through Collegepond.
- Admission Confirmation – Proof of acceptance into your chosen institute.
- Passport-Sized Photographs – Two recent photos of the applicant, co-applicant, and guarantor.
- Identification Documents (Any one of the following for the applicant & co-applicant): Passport, Voter ID, Driving Licence, PAN Card, Educational Records – Latest exam scores and entrance test results (e.g., CAT, GRE, TOEFL, IELTS, etc.).
- Financial Documentation:
Income Proof – Last two years’ tax statements of parents/guardians.
Bank Statements – Last six months’ bank statements or recent payslips.
Course Expense Plan – Detailed breakdown of expected course costs.
Institute Brochure – Copy of the institute’s booklet for accurate expense estimation.
Ensure all documents are accurate and complete to expedite your loan approval process!
Application Process via Collegepond
While specific details about applying through Collegepond are not provided in the available sources, the general application process with Auxilo involves:
- Connect with Our Education Loan Advisors: Consult our dedicated loan advisors for personalized guidance and process insights.
- Share Documents and Complete the Application: Submit your documents and fill out the required forms for bank verification
Secure the Best Education Loan Offer: Our experts negotiate for you to secure the lowest interest rates and maximum loan amount.
- Education Loan Approval and Fund Disbursement: Receive the sanction letter and enjoy hassle-free disbursement of funds from the lender.
Eligibility Criteria
Loan eligibility is assessed individually, considering:
- Student’s age and academic performance.
- Location of study (domestic or international).
- Co-applicant’s income stability and credit history.
- Existing financial obligations.
- Permanent residence of the applicant and co-applicant.
Interest Rate
The standard interest rate for Auxilo education loans is 12%.
- When you apply through Collegepond, the rate drops to an average of 10.25% to 11.75%.
- Best interest rates through Collegepond: For the USA: 11% to 11.75%.
For other countries: 11% to 12.5% - Exclusive Benefit: If you pay the full EMI during the moratorium period, Auxilo offers a special interest rate of 10.5%, regardless of university ranking.
- By choosing Collegepond, you get an interest rate reduction of 0.5% to 1%, leading to significant savings over your loan repayment tenure.
Auxilo Education Loan Disbursement Process
- Loan Agreement Signing – Submit the signed agreement digitally or visit Auxilo’s office with your co-applicant for in-person signing.
- Student Account Creation – A dedicated student loan account is set up, ensuring a seamless and secure transaction process.
- Digital Disbursement Initiation – The loan disbursement process is digitally activated for swift fund allocation.
- Final Disbursement – Funds are released upon fulfilling all sanction conditions and submitting the necessary supporting documents.
Auxilo Education Loan Processing Charges
A nominal processing fee of 1% + GST on the sanctioned amount ensures a smooth and transparent loan process.
Partnering with Auxilo through Collegepond unlocks a hassle-free, fast-tracked loan experience, meticulously designed to support your academic ambitions with ease!
Choose from the Best Loan Partners
Testimonials
I’m extremely grateful to Collegepond for securing the right education loan for my study abroad journey. The entire process was seamless, with no documentation hassles. Their dedicated support and expert guidance ensured everything went smoothly. I highly recommend Collegepond for stress-free financial assistance. Thank you once again!
Collegepond provided exceptional support in my study abroad journey, making my MS application process seamless. Their professionalism and prompt responses addressed all my concerns. Special thanks to Sai Teja from the finance team for his invaluable guidance in securing my education loan. I highly recommend Collegepond for reliable education loan and higher education assistance!
I highly recommend Collegepond to anyone pursuing study abroad opportunities. Their expertise and dedication were evident throughout my journey. Kavita’s assistance made my education loan process seamless, while Harshali’s mock interviews boosted my confidence. Their personalized guidance eased the process, making my dream a reality. Truly grateful for their exceptional support!
I had an amazing experience with Collegepond in Mumbai during my study abroad journey, especially with Ms. Zainab Qureshi. Her dedication and professionalism made my loan process seamless. She provided constant support, detailed guidance, and proactive follow-ups. I highly recommend Collegepond and Ms. Zainab for reliable and efficient loan consultancy services!
I had a wonderful experience with Collegepond during my study abroad journey, especially with Mukesh, who provided exceptional education loan support. He explained everything clearly and resolved issues promptly. His dedication ensured a smooth process. I highly recommend Mukesh and Collegepond for reliable and professional financial guidance!
Thanks to Collegepond, my son can now pursue his study abroad dream—his Master's in IT and Analytics at Rutgers Newark. After months of PSU bank delays, Collegepond secured his education loan within a month. Their seamless process, expert guidance, and quick approvals made all the difference. Truly grateful for their exceptional support! Testimonial by Aditya’s Father
I highly recommend Collegepond for study abroad and education loan support. Their expertise made my journey seamless. Kavita ensured a hassle-free loan process, while Harshali’s mock interviews boosted my confidence. Their personalized guidance eased every step, making my dream a reality. Truly grateful for collegepond education loan teams exceptional support!
Collegepond Loan Services are ideal for study abroad aspirants seeking an education loan. Their network offers great rates and seamless processing. The team’s guidance made my loan journey smooth, and their quick FOREX services impressed me. Highly recommend Collegepond for hassle-free financial support. Truly grateful for their support!
FAQ's
What is Auxilo?
Auxilo is an RBI-registered NBFC that provides education loans tailored for students pursuing higher education in India and abroad. It offers flexible financing solutions with quick approvals, competitive interest rates, and high loan amounts.
What are the key benefits of Auxilo education loans?
✔ Competitive interest rates starting at 10.5%
✔ Loan up to ₹1 Cr for international studies
✔ Pre-visa and pre-admission loan options available
✔ Zero hidden charges and transparent processing
✔ Personalized support throughout the loan process
What documents are required for the Auxilo loan application?
✔ Completed application form
✔ Admission confirmation (Admission letter/I-20)
✔ Recent passport-size photographs (Applicant & co-applicant)
✔ ID proof (Passport/Voter ID/Driving License/PAN Card)
✔ Educational records (Exam scores, transcripts, entrance test results)
✔ Financial documents:
- Income proof (Last 2 years’ tax statements of co-applicant)
- Bank statements (Last 6 months)
- Course expense plan (Tuition, living costs, etc.)
- Institute brochure (for fee verification)
Ensuring all documents are complete speeds up loan processing!
How do I apply for an Auxilo loan through Collegepond?
Submit an application via Collegepond.
Upload required documents (academic, financial, identity proofs).
Receive loan approval after document verification.
Sign the loan agreement digitally or in person.
Loan disbursal directly to the university.
What is the interest rate for an Auxilo education loan?
- Standard interest rate: 12%
- Collegepond applicants get reduced rates: USA: 11% – 11.75%, Other countries: 11% – 12.5%
- Special offer: If you pay full EMI during moratorium, interest drops to 10.5% (regardless of university ranking).
What is the loan repayment structure?
Moratorium period:
- Secured loans: Course duration + 12 months (No payments required)
- Unsecured loans: Course duration + 12 months (Partial/full or Direct EMI)
Repayment tenure: Flexible up to 15 years
What are the processing charges for an Auxilo loan?
Secured loan: 0.25 to 1% of the loan amount + GST
Unsecured loan: 0.25 to 1% of the loan amount + GST
Can I get an Auxilo loan before securing admission or a visa?
Yes! Auxilo offers pre-visa and pre-admission loan options, ensuring you have funds before your admission or visa approval.
Are there any hidden charges with Auxilo loans?
No, Auxilo follows a transparent loan process with zero hidden charges.
Can I repay the loan early? Are there penalties?
Yes, you can prepay your loan anytime. No prepayment penalties for early loan closure.
Can the Auxilo loan be used for living expenses?
Yes, both tuition fees and living expenses are covered. Loan disbursement depends on university requirements.
Why apply through Collegepond for an Auxilo loan?
- Lower interest rates (Save 0.25% – 1%)
- Faster processing & approvals
- Expert guidance on document submission
- Pre-visa & pre-admission loan assistance
For a hassle-free loan application, connect with Collegepond counselors and secure the best loan terms with Auxilo!
