You have the option of repaying the loan through ECS (ECS stands for Electronic Clearing System). It is a mode by which funds are automatically debited to your bank account every month, saving you the hassle of having to make payments personally every month.
The borrowers shall be entitled for prepayment only after the expiry of a period of 6 (Six) months from the effective date of disbursement. The charges have been waived for the same.
You are here with the facility of PMII/ MI change or the change in repayment* tenure according to your convenience. Simply mail us at, firstname.lastname@example.org or visit your respective branch with your request details and loan application number.
We request you to follow the below steps to Change in Loan Repayment installment :-
Your mailing address will be updated within 15 working days after receipt of request.
For any other queries or to know the status of your request, write to us with the details mentioned below.
(* terms and conditions of credila’s internal credit norms and regulation are applicable)