Auxilo Education Loan

Feature	Detail
Loan Amount	100% COA INR 40 Lakhs for Unsecured Loans INR 1 Cr for Secured loans
Interest Rate	10.25% onwards
Interest Rate Type	Floating Rates
Minimum Income	Flexibility in Parents income
Repayment	Partial interest payment during the moratorium period
Processing Fees	0.5 – 1.5%
Margin Money	Up to 100% expenses are covered
Loan Tenure	Up to 12 years
Processing Time	7-10 days

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Auxilo has transformed the aspirations of over 10,000+ students pursuing their study abroad higher education across 25+ countries, 1100+ universities.
Auxilo has been a driving force behind the growth of 150+ educational institutions.
Awarded As The “Best Education Loan Provider 2022″ By National Awards For Leadership & Excellence
Awarded As the “Most Preferred Education Loan Provider” by Higher Education Digest
Appreciated Under “The Most Promising NBFC To Watch 2022.” by Business Connect

Comprehensive Coverage: Get 100% financing for everything, from pre-admission costs to course fees, airfare, and more.
Irresistible Rates: Enjoy attractive interest rates that won’t break the bank.
Flexibility is Key: Repay your loan on your terms with flexible options tailored to your convenience.
“Swift Loans in 24 hours” through this feature a student can easily do the following
1. Instant Access
2. Document Upload: Share your documents.
3. 24-Hour Approval: Get your loan sanctioned within a day

Nomad Credit will assist you in your entire loan option process completely free of charge

Am I Eligible for an Auxilo Education Loan?

To secure a loan, you’ll need a co-applicant with:

Income Stability: They must have a steady source of income.
Positive Credit History: A good credit record is a must.
Relationship Flexibility: Co-applicants can be family members or legal guardians.
Wide Range: Eligible co-applicants include parents, siblings, spouses, and more.

Get started by registering your interest and telling us more about your study plans. Nomad Credit will help you get everything ready so that applying for funding is effortless.
Send us the required documents needed to process your loan option and Nomad will organize and send your file to Auxilo Finance if you are eligible.
A Nomad Education Loan Option Manager will provide you updates of when your loan option is successfully logged in and sanctioned.
Once you get your application and documents verified by the authorities at Auxilo, you can get your loan structured as per your needs.

PAN or Form No. 60 as defied in Income-Tax Rules, 1962
Know Your Customer (KYC) documents: Permanent Account Number (PAN) card, Aadhar card
Academic documents: SSC, HSC, graduation
Passport
Driving License
NREGA Card (National Rural Employment Guarantee Act)

If the documents mentioned above don’t have an updated address, then the applicant can use the following documents:

Fresh Utility Bill: A bill from any service provider (electricity, telephone, post-paid mobile, piped gas, or water) dated within the last two months.
Tax Receipt: Present your property or Municipal tax receipt as a solid proof of address.
Pension PPOs: If you’re a retired government or PSU employee, PPOs with your address are acceptable.
Employer’s Allotment Letter: A letter of accommodation from certain employers, including government departments, regulatory bodies, and more, can also serve as valid proof

Salaried

Self- Employed