Credila offers existing customers the option to reduce the applicable rate of interest (AIR) on your loan by lowering the existing negative or positive spread over the Credila Benchmark Lending Rate (CBLR) through Spread Conversion Facility. You can take advantage of this facility by paying a fee and opting for either reducing your monthly instalment (MI) or loan tenure. To avail of this, we request you to send us an email at support@credila.com OR call/visit our branch.
*Terms and conditions apply. The spread conversion facility is at the sole discretion of Credila.