Who can be the co-borrower? Can they be in another city?

Yes, co-borrowers can be in different cities. Credila has a pan India presence to cater to a diverse range of loan requirements.Accordingly, the co-borrower could include any of the following persons in relation to the borrower:

  • Parent
  • Sibling (if married sister, then spouse to be added to the loan structure)
  • Spouse
  • Parents-in-law
  • Sister-/Brother-in-law
  • Maternal/Paternal Uncle or Aunt
  • Maternal/Paternal Grandparents
  • Maternal/Paternal First Cousins

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