Credila Education Loan
Apply for Education Loan
Pre-approved Sanction Letter
Congratulations! Your Education Loan is Pre-Approved!* Print this Page

Based upon and relying on the information provided by you in your electronic application form seeking grant of an Education Loan, we have pleasure in conveying to you our in-principle conditional pre-approval.

Now all you need to do is submit hard copies of the documents listed below along with a copy of this pre-approval letter, to your nearest Credila branch and get your Education Loan ready to be disbursed soon thereafter.

Documents you need to submit:

1. Fully Completed and Signed Application Form

To Download Loan Application Form in PDF Format Click Here

2. Two Passport Size Photos - Applicant and Co-Applicant

One set to be pasted on the Application Form and second set to be affixed (stapled) to the Application Form

3. Photo ID - Applicant and Co-Applicant (Any one of the following)

  • Permanent Account Number (PAN) Card
  • Passport
  • Driving License
  • Aadhaar Card
  • Voter’s ID Card

4. Residence Proof Applicant and Co-Applicant (Any one of the following)

  • Passport
  • Driving License
  • Aadhaar Card
  • Voter’s ID Card

5. Academic Documents of Student

  • Marksheet/Certificate of 12th Exam
  • Marksheet/Certificate of Subsequent Years of Education e.g. BE, BCom, BSc, etc.
  • Marksheet of Any Entrance Exam Taken e.g. CAT, CET, etc. (If applicable)
  • GRE/GMAT/TOFEL/IELTS, etc. Marksheets (If applicable)
  • Scholarship Documents (if applicable)

6. Proof Of Admission (If available)

Printed Admission Letter From the Institute on its Letterhead With Institute's Address

7. Last 8 Months Bank Statements of Co-Applicant

(If more than one bank account, provide copies of all)
Make sure to include the bank statements of the Bank Account where Salary or Business/
Professional receipts are credited every month.

8. Income Proof of Co-Applicant

A. In case of Salaried Employee (All the following)
  • Latest 3 Salary Slips or Salary Certificate on Employer's Letterhead
  • Last 2 year's Form 16 from Employer or Last 2 Year's Income Tax Returns
  • Any Other Income Proof That is Not Reflected in the Above Documents
B. In case of Self Employed or Professional (All the following)
  • Last 2 Year's Income Tax Returns
  • Last 2 Year's Certified Financial Statements or Provisional Financial Statements Duly Certified by CA
  • Proof Of Office (any one of the following, Lease Deed, Utility Bill, Title Deed, etc.)
  • Any Other Income Proof That is Not Reflected in the Above Documents

9. If, Collateral - Immovable Property (Flat, House, Non-Agriculture Land) (All the Relevant Documents from the Following List)

  • Property Title Deed
  • 7 / 12 extracts in case of land
  • Registered Sale Agreement Along With Society Share Certificate
  • Original Registration receipt for the above agreement
  • Allotment Letter By Municipal Corporation / Authorized Govt. Authority Like MHADA, CIDCO, etc. Please add HUDA, DDA, JDA, GIDC etc
  • Previous Chain of Sale Deed establishing title
  • Latest Maintenance bill alongwith Receipts issued by builder/ society,
  • Latest Property tax bill alongwith receipts,
  • NOC for mortgage from society/builder,
  • Approved building plan
  • Encumbrance certificates as on date etc

The Educational Loan availability is subject to correctness of information provided its successful verification and satisfactory completion of all the loan documentation as per Credila’s requirements. This letter and the pre-approved loan shall stand unilaterally revoked and cancelled and shall be absolutely null and void, if there are any material changes in the information you have provided based on which the said loan is pre-approved or all the required documents are not received by Credila in 7 days.

* Credila’s standard terms & conditions apply.

You can visit any one of Credila’s offices enlisted below:

Mumbai

Credila Financial Services Pvt. Ltd.
B 301, Citi Point,
Next to Kohinoor Continental,
Andheri-Kurla Road, Andheri (East),
Mumbai - 400 059, India
loan@credila.com

Mumbai

Credila Financial Services Pvt. Ltd.
3rd Floor, Damodar Hall Building,
Dr. Babasaheb Ambedkar Road,
Parel (East),
Mumbai - 400 012, India
loan@credila.com

Pune

Credila Financial Services Pvt. Ltd.
Office No. D-0, 3rd Floor, Renuka Complex,
Junglee Maharaj Road, Opposite McDonalds,
Pune - 411 004, India
loan@credila.com

Bangalore

Credila Financial Services Pvt. Ltd.
9th Cross, 2nd Phase, JP Nagar,
Above VLCC, South Bangalore,
Bangalore - 560 078, India
loan@credila.com

Delhi

Credila Financial Services Pvt. Ltd.
F-11, 3rd Floor, East of Kailash
Next to R G Stone Hospital,
Near Kailash Colony Metro Station,
New Delhi - 110 065,
India
loan@credila.com

Ahmedabad

Credila Financial Services Pvt. Ltd.
215, 2nd Floor, Shangrila Arcade,
Opp. Shyamal Row Houses,
Near Shyamal Cross Roads, Satellite,
Off S. G. Highway,
Ahmadabad - 380 015, India
loan@credila.com

Chennai

Credila Financial Services Pvt. Ltd.
Old #8, New #5, 3rd Floor,
Josman's Complex, Near Sony World,
Mc Nicholas Road, Chetpet,
Chennai - 600 031,
India
loan@credila.com

Hyderabad

Credila Financial Services Pvt. Ltd.
402, Sri Siva Rama Towers,
3rd Floor, 3-6-288/3,
Above HDFC Bank,
Opp Old MLA Qtrs, Hyderguda,
Hyderabad - 500 029, India
loan@credila.com

Gurgaon

Credila Financial Services Pvt. Ltd.
313, 3rd Floor, DLF Galleria Tower,
DLF City Phase IV,
Gurgaon - 122 002,
India
loan@credila.com

Noida

Credila Financial Services Pvt. Ltd.
Krishna Apra Plaza, 2nd Floor, 207,
Sector No. 18,
Noida - 201 301,
India
loan@credila.com

Kolkata

Credila Financial Services Pvt. Ltd.
402A, 4th Floor, Chandan Niketan,
52A Shakespear Sarani,
Kolkata - 700 017,
India
loan@credila.com

Nashik

Credila Financial Services Pvt. Ltd.
F-2, Sahyadri House, 1st Floor
MICO Circle, Trimbak Road,
Nashik - 422 002
India
loan@credila.com
Credila Financial Services is a Subsidiary of Housing Development Finance Corporation Limited (HDFC) . Housing Development Finance Corporation Limited is one of the leading financial services companies of India.
Credila Financial Services Private Limited Registered Office: B 301, Citi Point, Andheri-Kurla Road, Andheri (East), Mumbai-400 059, India