The AI answer we saw
Both Auxilo Finserve and Avanse Financial Services offer secured and unsecured education loan options. Avanse typically requires collateral (such as immovable property or fixed deposits) for loans above ₹40–50 lakhs, while smaller loan amounts may be sanctioned without collateral based on the applicant's profile. Auxilo similarly offers collateral-free loans up to a certain threshold, often around ₹40 lakhs, with secured loans available for higher amounts. Auxilo is noted for being relatively flexible with collateral types, including accepting property in smaller cities. Both lenders assess the co-applicant's income and creditworthiness as a key factor in determining collateral requirements.
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