Auxilo Education Loan

Get Free Education Loan Assistance from GyanDhan

Rate of Interest


Processing Fees

0.5 - 1.5%

Margin Money


Apply Loan Online

Established in 2017, Auxilo Finserve Pvt. Ltd. is an NBFC. Auxilo assesses students based on more than 15 parameters and offers customized education loan options for countries like the US, UK, Canada, Australia, France, Germany, New Zealand, and Ireland. Auxilo offers customized loan options based on the requirements. They also provide various benefits such as pre-approved loans, flexible repayment options, and doorstep service.

What's more? GyanDhan can also help you in getting an Auxilo Education Loan for studying abroad even before admission based on your academic profile.

Feature Description
Loan Amount Up to INR 65 Lakh
Rate of Interest 11.25 - 14%
Processing Fees 0.5 - 1.5%
Processing Time 7-10 days
Margin Money nil
Moratorium period Course duration + 1-year
Repayment tenure 15 years
Check Auxilo Education Loan Eligibility

Eligibility criteria of Auxilo education loan scheme

  • Age: The applicant must be at least 18 years of age or older at the time of application. The student should have secured admission to a recognized university.
  • Academic performance: To be eligible for an education loan, the applicant must meet Auxilo's minimum academic criteria and maintain a consistently good academic record. Additionally, the student may need to fulfill certain prerequisite tests such as GRE, IELTS, or TOEFL. It is important to note that, in the US, GRE scores are particularly important in obtaining an education loan.
  • Co-applicant: The borrower must need a co-applicant, who could be the applicant’s mother, father, sister, brother, spouse, paternal or maternal relative, or a legal guardian, with a regular source of income and good credit history.
  • Course and country of study: Under this scheme regular graduate degree/post-graduate degree/diploma/certificate/doctorate courses in any discipline offered by foreign Institutes/Universities in the USA, UK, Canada, Australia, New Zealand, France, Germany, Ireland will be covered under the scheme.

Yes No

Total Interest to be paid


Total Payment Principal + Interest


Your EMI per month will be


Auxilo education loan for US


GRE > = 310

GRE 300 = < 310

GRE 285 = < 299

Rate of interest

11.25 - 11.75%

11.75% - 12.5%

12.5 - 13%

Loan amount

Up to INR 65 Lakh

Up to INR 50 Lakh

Up to INR 40 Lakh

Co-applicant minimum income

INR 30 K



Monthly installments during the course

Partial simple interest

Partial simple interest

Simple interest

Processing fee

0.5 - 1%

0.7 - 1%


Auxilo education loans for other countries


Australia / New Zealand





Rate of interest

12.5 - 14%

12 - 13%

12.5 - 13.5%

12.5 - 13.5%

Loan amount

INR 20 Lakh

INR 30 Lakh

INR 40 Lakh

INR 20 Lakh

Co-applicant minimum income





Monthly installments during the course


Simple interest

Simple interest

Simple interest

Processing fee

1 - 1.5%


1 - 2%

1 - 1.5%

Documents required for education loan by Auxilo

GyanDhan provides a customized documents list for Auxilo education loans, which depends on your profile, your co-applicant profile, and any property/asset, you may offer as collateral.

  1. Identity proof: PAN/ Passport/ Driver’s License/ Voter ID card or government-issued identification document.
  2. Education loan application form.
  3. Address proof: recent copy of telephone bill/ electricity bill/water bill/ piped gas bill/ Driving License/ Aadhaar card.
  4. Passport
  5. Past academic record.
    • 10th standard mark sheet
    • 12th standard mark sheet
    • Under graduate result (semester-wise)
  6. Entrance exam results (e.g. GMAT, GRE, TOEFL, etc.)
  7. Proof of admission: admission letter (A conditional admission letter is also applicable).
  8. Statement of expenses.
  • Identity proof: PAN/ Passport/ Driver’s license/ Voter ID card or government-issued identification document.
  • Address: recent copy of telephone bill/ electricity bill/water bill/ piped gas bill or copy of Driving license/ Aadhaar card.
  • 2 passport-size photographs.
  • Bank account statement of the co-borrower/guarantor, for the last 6 months (in case of takeover of education loan).
  • Income proof for salaried co-applicant/guarantor

    1. Salary slips for the last 3 months.
    2. Copy of Form 16 of the last 2 years or copy.
    3. Bank account statement for the last 6 months (Salary account).
    4. Brief statement of assets & liabilities of parent/ guardian/ other co-borrower.

    Income proof for self-employed co-applicant/guarantor

    1. Business address proof.
    2. Last 2 years IT returns ( If IT Payee).
    3. TDS certificate (Form 16A, if applicable).
    4. Certificate of qualification (for C.A./ doctor and other professionals).
    5. Brief statement of assets & liabilities of parent/ guardian/ other co-borrower
    6. Bank account statement for the last 6 months.

How to apply for an education loan at Auxilo via GyanDhan

Applying for an education loan from Auxilo is a simple online process that can be done through their website. However, for a smoother and stress-free application experience, you can consider applying for your education loan via GyanDhan. GyanDhan is an online platform that aims to help Indian students fund their overseas education. By choosing us, you can have your education loan approved in four easy steps.

Apply Online

Online document submission

Processing & Approval

Loan Sanction & Disbursal

Apply Online For Your Education Loan


Getting Auxilo Abroad Education Loan Through GyanDhan

Guaranteed best loan

GyanDhan aims to provide you with the most competitive education loan in the market. We strive to bring you the best deal available. If you come across a better offer, we will cover the difference in interest rates for the entire duration of your education loan.

Online document submission

With GyanDhan's online document upload feature, you can easily submit the necessary documents required for your loan application from the convenience of your own home, eliminating the need to physically visit the NBFC for document submission. In addition, we will keep you informed of each step of the loan approval process by sending you timely notifications.

100% free of cost services

GyanDhan’s services for applicants are absolutely free. We do not charge a single penny from applicants.

Higher chances of approval

In case of any hurdles regarding documentation or application, GyanDhan intervenes and resolves the problem by coordinating with the officials at Auxilo.

Low turnaround time

At GyanDhan, we work closely within multiple departments at Auxilo to ensure that our student loan applicants receive loan approval in a speedy manner - typically within just 5-7 days. This prompt service is one of the reasons why students choose to entrust their loan requests with us year after year. On the other hand, if a student chooses to apply for a loan directly through the NBFC, the standard processing time is usually around 10-12 days.

The GyanDhan effect in Auxilo

Feature With GyanDhan Without GyanDhan
Personalized document checklist according to profile & area Yes No
Branch visits 0 3-4
Pre-visa disbursements Easy Difficult

Frequently Asked Questions

How much amount can I get through Auxilo abroad education loan?

A student can get a maximum amount of INR 65 lakh with Auxilio unsecured loan and INR 1 crore for secured loans.

What is the interest rate of Auxilo education loan?

The interest rate for Auxilo education loans varies from 11.25 - 14% p.a. This variation depends upon the individual profiles.

Do we have to pay during the study period in Auxilo education loan?

Yes, simple/partial interest has to be paid during the study period. A student can start repaying the principal amount 6 months after the course completion or once he/she gets a job (whichever is earlier).

What is the processing time of Auxilo abroad education loan?

The processing time of Auxilo education loan is of 5 working days.

For which countries does Auxilo provide an abroad education loan?

Auxilo offers abroad education loans for the US, UK, Canada, Germany, France, Australia, New Zealand, and Ireland.

Our Lending Partners

Auxilo Education Loan Reviews - Student's Speak

Isha Razdan: University of Ontario

Thank you gyandhan. Thank you Aman sir and Manish sir for all your help. Gyandhan rocks!

Rakshith Rathnakar Shetty: Royal Institute of Technology

Great! Team was very quick with procedures, Thank you so much for all the timely follow up made by your representative.

Gowtham Boyala: University of Ottawa

Mr Shreehari, relationship manager at Bangalore was very helpful in my case . He made sure to answer my calls and help me during the overall process.

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