Introduction

HDFC Credila, an HDFC Ltd. Company, is India’s First Dedicated Education Loan Company. HDFC Credila Financial Services pioneered the concept of specialist Education Loan lender and became India’s First Dedicated Education Loan Company.HDFC Credila funds students for higher education in both India and overseas. Students can get their education loan pre-approved even before they start applying to Universities. It has funded tens of thousands of students from India to over 2100+ unique educational institutes across 35+ countries!

Benefits of taking HDFC Credila education loans through Student Cover

1. No margin money required
2. Up to 100% finance
3. Tax benefit under Sec 80E
4. Attractive rate of Interest
5. No upper limit on loan amount
6. Long term loans resulting in easy EMIs
7. Flexibility in collateral security requirements
8. Loan against property mortgaged with HDFC

Eligibility

1. Borrower must be an Indian citizen
2. Co-applicants must be an Indian citizen
3. Co-borrower(s) must have a bank account in any bank in India with cheque writing facilities
4. Confirmed admission in the colleges before disbursement

What Costs Are Covered?

All of the tuition fees as determined by the college/University

Up to 100% of other expenses including living and hostel expenses, travelling expenses, examination fees, library/laboratory fees; purchase of books / equipment’s/instruments/uniforms etc.

Countries

HDFC CREDILA caters to :

ARE YOU ELIGIBLE FOR EDUCATION LOAN WITHOUT ANY COLLATERAL?