Credila, an HDFC Ltd. Company, is India’s First Dedicated Education Loan Company. Credila Financial Services pioneered the concept of specialist Education Loan lender and became India’s First Dedicated Education Loan Company.Credila’s brand purpose is to contribute towards Transforming Lives and Building the Nation!
With specialized focus, in-depth understanding of the requirements of students who wish to pursue higher education, Credila offers Customized Education Loans Home Delivered! With growing costs of education, the expenditure on children’s education is one of the highest components of expenditure by an average Indian household. Over the past seven years, Credila has invested time and resources to set up appropriate systems, processes and know-how related to the education industry and has numerous databases on education sector and their credit scoring model for the approvals of loans, designed specifically for student loans.
Credila funds students for higher education in both India and overseas. Students can get their education loan pre-approved even before they start applying to Universities. The institute from where student completes the education remains with his/her name for life time! With education loan approval even before the admission process, Credila enables numerous students to pursue higher education in their dream institute! Thus, Students Don’t Have to Downsize Their Dreams!
Customized Education Loans, Home Delivered!
- No margin money required
- Up to 100% finance
- Tax benefit under Sec 80 E
- Attractive rate of Interest
- No upper limit on loan amount
- Long term loans resulting in easy EMIs
- Flexibility in collateral security requirements
- Loan against property mortgaged with HDFC