Auxilo Finserve ventures into Gujarat
Auxilo Finserve Private Limited has entered into Gujarat region in order to cater to the burgeoning education financing market.
India’s fastest growing education ecosystem NBFC has earmarked Rs 100 crore to disburse education loans by FY 2021 for fulfilling two major education financing requirements, including Student loans for higher studies (overseas & domestic) and infrastructure upgradation for schools and education institutions.
Auxilo Finserve is planning to process quick and hassle-free loans for students, who are aspiring for higher studies in overseas or domestic arena, through its newly established specialized center in Ahmedabad. The Mumbai-based company offers loans that cover up to 100% financing on pre-admission, course tuition fees, pre-visa disbursal, air-travel fare and course-related fees at an interest rate.
Neeraj Saxena, MD & CEO, Auxilo Finserve Private Limited, said, “We all have appreciated Gujarat’s educational and economic contribution towards the national growth. Through this strategic centre, we aim to create a valuable ecosystem, where we can support as many students in gratifying their higher education dreams through our easy and hassle-free loan structuring. Also, we have designed specialized financial products for school owners and education institutions to fulfill their bigger ideas.”
“The Gujarat Secondary and Higher Education Board results were announced on May 9, 2019. This will thus be excellent timing for Auxilo Finserve to begin operations in Gujarat and reach out to future minds who wish to secure financing opportunities from us in achieving their dreams,” he further added.