- Bangalore, April 25, 2018: Plans to disburse Rs. 100 cr of education loan to student financing & institutional funding in next 2 yrs
- Inaugurates specialized centre in Bengaluru to enable easy provisioning of funding processes
- Targets to support affordable schools in modernizing infrastructure standards to next-level
- Sanctions Swift loans within 24 hrs approving pre-visa, pre-admission, air-travel & education fees
Marching ahead with its objective of creating new-age education ecosystem across the country, Auxilo Finserve Pvt. Ltd. has rolled out plans to disburse Rs. 100 cr of loan amount in next two years dedicated for Karnataka region. Auxilo Finserve, India’s fastest growing education NBFC, aims to provide education financing to more than 100 affordable schools and 250 plus students in the state, through its new centre in Bangalore.
Inaugurating the office, Neeraj Saxena, MD & CEO of Auxilo Finserve says, “Bangalore is one of our strategic locations that will serve the need-based opportunities around student financing & school modernisation. Our primary research suggests us to be more responsive towards the nation-building objectives, and help educational entrepreneurs in the State providing them the next-level support through expert hand-holding and guidance.”
In a bid to address the growing needs of school infrastructure in the State, and especially near Bangalore suburban areas, Auxilo Finserve has designed a specialized financing product that will fulfill the requirements of all aspiring affordable school who wish to upgrade their infrastructure facilities. From supporting classroom renovation to school uniform to bus service to modern equipment enhancement, Auxilo lends its support at every step with easy & hassle-free processes. The proposed ticket-size of loans for schools or institutes financing could go upto Rs. 10 cr or minimally at Rs. 20 lakh.
For its student financing business, Auxilo has build a significant portfolio in the last four months, in enabling easy finances for higher studies – opting for overseas & domestic courses. It is poised to strengthen its expertise in student financing through the recently launched product feature – ‘Swift Loans in 24 hrs’. Through this feature, a student can easily log on to www.auxilo.comand upon sharing all relevant documents, could get sanction letter in 24 hrs time. These quick & hassle-free loans cover 100% financing on pre-admission, course tuition fees, pre-visa disbursal, air-travel fare and course-related fees at attractive interest rates. At the same time, the repayment methods are designed in such a way that it matches students’ conveniences with flexible options. Having designed specialized products for deserving category, Auxilo has launched one for children of Indian Defence Forces, with offering zero per cent processing fees.
Auxilo Finserve, through its nation-wide presence in – Mumbai, Hyderabad, Chennai, Delhi & Pune, encourages students to fulfill their dream courses through its door-step services with tailor-made loan structuring.
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