Credenc, which was established in 2017, is a one-of-a-kind platform that finances deserving youngsters' university expenditures by underwriting their employment rather than their families' financial resources. With its future income prediction algorithm, Credenc is disrupting the domestic higher education finance sector, ensuring that our country's top students do not go without funds for their university education. Students who wish to study abroad or want to pursue higher education can opt for a Credenc education loan. This Credenc loan was established to ensure that students do not miss out on giving wings to their dreams of higher education studying.

You are eligible to apply for the Credenc Education loan only if you’ve met the following requirements:

• The applicant must be an Indian national.
• Students seeking admission to master's programmes must have completed a three-year graduate degree in any field. Several Indian master's degrees, such as the M.A. and M.Sc., are also approved for postgraduate enrollment. He or she should also have a legitimate scorecard (GRE, GMAT, TOEFL, IELTS, etc).
• According to RBI standards, there is no upper age limit for applicants, but some banks may impose one. As a result, the candidate must be between the ages of 16 and 35.

• The payback time is limited to 15 years from the start of repayment, whether you accepted an Indian or an international course.
• Education loan repayment typically starts one year after the end of the six-month period following work, whichever comes first.
• The very first instalment of the loan will be disbursed, and interest repayment will commence instantaneously.

The repayment options for Credenc Education Loan are flexible and adjustable.

Apply Online & Upload Your Documents

• You can begin your application after you've verified your eligibility. Students can apply online or receive a callback from one of our expert student loan advisors. 
• Our knowledgeable counsellors can assist you in obtaining a Credenc Loan without or with collateral, depending on your circumstances.
• Our counsellors will completely evaluate your profile after you've changed your profile information and, based on your eligibility, will recommend the next set of activities to you.

Processing and Approval

• Once you've uploaded/submitted the necessary documentation, you can send your loan application and related paperwork to Credenc for examination and real-time approval.
• UniCreds will communicate with the Credenc loan department on a regular basis to keep track of your application's status and guarantee that it is addressed as quickly as possible. If there are any significant revelations, our website will keep you informed.
• Applicants should be informed that the lender may approach them at this time to ask for additional documentation to substantiate their loan application. Applicants will get these precise requirements from UniCreds. If a demand is made that is unreasonable, we shall report it to the Credenc loan authorities.
• The loan is accepted and ready for sanction once the papers and application are verified to be free of errors or additional loopholes.

Loan Sanction And Disbursal

• After receiving the approval letter, the student and co-applicant must sign the loan agreement within the sanctioning letter's 6-month validity period.
• The student is authorised to loan disbursement after entering into an agreement.
• The lender will transfer the necessary funds into your bank account or into your university's/account. We discuss with the Credenc loan team and get everything done if the student wants disbursement prior to the visa as per the visa office's guidelines.
• UniCreds will also ensure that disbursements are made on time, and students can contact UniCreds at any time during the loan's term.