NBFC
Collateral free loans available
Loan Margin : NIL
3 days avg loan processing time
Margin
NIL
Collateral
Collateral free loans available
Loan Tenure
Upto 15 Years
Processing fee
0.85% to 1.0%
Early Repayment
Yes(without any charges)
Living Cost
Yes
Secured Loan
Amount
No limit
Un-Secured Loan
Amount
Up To 75Lac
UniCreds Guarantee
100% transparent process
Fast loan processing
Free of cost service
No hidden fees
While the overview highlighted the overall value proposition, let's delve into the specifics of HDFC Credila's study abroad loan program. In this section you’ll discover its interest rate, processing fee and others.
| Features | Education Loan Details |
|---|---|
| Loan amount | Upto ₹75Lac (Without Collateral) Secured Loan - No Limit on loan amount Unsecured Loan - Upto 75 Lakh |
| Margin money | Nil |
| Processing fee | 0.85% to 1.0% |
| Processing time | 3 Days |
| Loan tenure | 15 Years |
| Prepayment charges | Nil |
| Repayment holiday | For principal payment, 6 months after course completion. |
| Countries covered | HDFC Credila offers to study in over 59+ different countries across the world including the USA, Canada, the UK, Germany, Australia, Singapore, France, etc |
| Payment study period | 1. Yes, Partial Interest, Simple Interest, Direct EMI. 2. For selected good profile, partial interest repayment available. |
Looking for
Faster and
streamlined Process?
100% Transparency
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Our education loan counsellors will stay by your side every step of the way and recommend the best partner and guide you through the loan applying and sanctioning process.
Applicants must consider HDFC Credila education loan eligibility before they apply for the program:
| Type | Requirement |
|---|---|
| Citizenship | Be an Indian citizen with a co-applicant who is also an Indian citizen. |
| Academic Background | Should have graduated from the recognised universities as per criteria of HDFC Credila |
| Financial standing | You will require a co-applicant whose income remains stable and with a good credit history to prove your capability in repaying the loan. This co-applicant can be anyone from your close or extended family members |
HDFC Credila education loan program offers a comprehensive set of product features that shall help students minimize the cost hurdle in pursuing international education. This now breaks down to the following major benefits:
Benefits Of Applying through Us
We ensure 100% transparency throughout the education loan process.Our education loan counsellors will stay by your side every step of the way.
Need Guidance Faster? Call us at:
18001217661
Help us with a few details.
Need Guidance Faster? Call us at:
18001217661
The idea to fund your International Education with an HDFC Credila Education Loan opens up a world of possibilities before you. However, the process of applying also seems overwhelming. We make every step simple, ensuring that a learner has a smooth and stress-free journey.
1. Free Eligibility Assessment and Consultation:
2. Simplified Document Collection:
3. Error-Free Application Completion:
4. Follow-up & Communication:
5. Loan Approval & Disbursement Guidance:
Looking forFaster and
streamlined Process?
100% Transparency
100% Free
Our education loan counsellors will stay by your side every step of the way and recommend the best partner and guide you through the loan applying and sanctioning process.
Once you meet the HDFC Credila education loan eligibility, the following documents are required:
| Type | Documents Required |
|---|---|
| Personal Documents | - Proof of Identity (Aadhaar Card, PAN Card, Voter ID, etc.) - Proof of Address (utility bills, rental agreement, etc.) |
| Academic Documents | - Acceptance letter from your chosen university abroad - Most recent academic transcripts (including mark sheets and degrees) - Standardised test scores (if required by the university, like GRE, GMAT, TOEFL, IELTS) |
| Financial Documents | - Income Tax Returns (ITR) of the applicant along with that of the co-applicant (if applicable), if any, for the last 3 years. - Revenue slips of the applicant and his/her co-applicant (if any) for the previous six months. - Bank statements of the applicant and (if applicable) the co-applicant for the last 6 months. - Expected cost of attendance statement sheet from your university (including tuition fees, accommodation, etc.) |
Fulfilling your international education dream with an HDFC Credila loan from UniCreds is a leap forward, but don't fear the repayment worries! We will be your constant support at every single step, assisting, ensuring the loan repayment journey goes on smoothly, without any hassle.
Flexible Repayment Options:
Focus on your bright future, let us navigate your HDFC Credila loan repayment. Contact us today!
The displayed EMI amount is approximate & is subject to change based on various factors.
United States
Registration was very simple process and I was assigned with an employee who clarified all my doubts at one place. I just submitted all required documents to them and got all the best deals details available for me. I never imagined my loan process will go so smooth. I had got loan approved in 2-3 weeks.
Ireland
Had a very much welcoming experience from unicreds and team. I did get an immediate response from one of the bank after submitting all required documents with unicreds. Overall a great experience for a first timer availing service from unicreds. Thanks and keep up the good work team and always do the right things 👍🏻
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