Credila Education Loan
Apply for Education Loan
Benefits for Students
  •   Be Independent: Help your parents by funding your education with Education Loan
  •   Approval Before Admission: Get Education Loan approval letter before admission from Credila so you do not have to Downsize Your Dreams!
  •   Sources of Funds for USA I-20: Credila's Education Loan approval letter demonstrates assured sources of funds for getting I-20 from USA Universities or Visa for many countries
  •   Funding Total Cost of Education: Credila funds total cost of your education, including living expenses & all other expenses reducing your financial worries
  •   Deal With An Expert: Credila is dedicated in providing only education loans. We understand your world & your unique and complex requirements.
  •   Easy to Apply: It doesn't cost you anything to apply online to Credila. It just takes 5 minutes of your time! Credila's representative can visit you at your convenience to complete all the required loan related formalities.
Banks understand loans, but Credila understands students and their needs!

Students face many challenges while securing education loans. Some of the issues faced by students include:

  • For students going to the USA, UK, Canada, Australia, etc. there are number of activities and formalities which take away the time. Running around from one branch to the other and doing multiple rounds for education loans get very difficult
  • Flexibility in terms of loans which need to be customized to the requirements of the students and their respective courses
  • Ability to find the required margin money (portion of the fees that is to be paid by students/parents which is not covered by the loan)
  • Required loan amount is more than the value of the collateral security
  • Ability to prove that the University, College and the applied Course is appropriate. (This can be quite challenging if the decision maker is not aware of the thousands of valid and accredited educational choices available in today's fast changing world of education)
  • Ability to get web-based access to the loan account with web enabled transaction processing inclusive of electronic payments, etc.

Credila is a specialized lender for Education Loans. Credila has invested time and resources to set up appropriate systems, processes and know-how related to the education industry. Credila has numerous databases on education sector. Credila's credit scoring model for the approvals of loans is designed specifically for education loans.
Credila, therefore, understands problems, challenges and issues faced by the students and their parents. Credila's objective is to work closely with students and parents to try to identify the appropriate education loan programs for them.

Loan sanction letter before admission
  • To get admission to the US Universities & to get I-20 for US visa, "Availability of Liquid Funds" to complete the course needs to be demonstrated.
  • Credila's "Education Loan Sanction Letter" before admission can help you show the availability of liquid funds.
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