Planning for funds for your Education overseas is an important aspect, which needs to be planned well in advance. HDFC Credila recommends all overseas education aspirants to plan their finances at the time of shortlisting your Universities.
At the time of application to your Universities is when HDFC Credila can start helping you- from loan evaluation, providing loan sanctions too to show 'proof of funds' to the Universities.
Yes, with HDFC Credila the loan evaluation can be done 'even before the admission is confirmed'. This helps you understand how much of a loan you can get basis your past academic records, test scores etc. so you are completely prepared with your financial documents-which is a critical part during your application review. This 2-in-1 process also helps cut down on processing time at the time of final disbursement of the loan to your University.
The interest is charged only after the admission is confirmed & the loan is taken from HDFC Credila. HDFC Credila does not charge any interest before the loan is disbursed.
What's more, HDFC Credila is the only education loan provider who can disburse the amount even before the Visa Interview, as required by countries like Germany & Canada.
Now you know why HDFC Credila is the preferred Education Loan provider of thousands of students, studying in some of the top Universities across the world.
To begin your loan evaluation, pls click here to fill in your details. (link to SAF)