HDFC Credila is an HDFC Ltd. company. Housing Development Finance Corporation Ltd. pioneered Housing Finance in India in 1977. It has a strong home loan customer base of over 4.9 million.
HDFC group consists of diversified financial services which include Banking, Insurance (Life and General), Asset Management, Realty, Real Estate Venture Capital and Education Loans. The HDFC Group has a strong asset base of over Rs.2.97 trillion and a customer base of over 42.5 million.
HDFC Credila, an HDFC Ltd. Company, is India's First Dedicated Education Loan Company. HDFC Credila Financial Services Limited pioneered the concept of specialist Education Loan lender and became India's First Dedicated Education Loan Company.
HDFC Credila's brand purpose is to contribute towards Transforming Lives and Building the Nation!
With specialized focus, in-depth understanding of the requirements of students who wish to pursue higher education, HDFC Credila offers Customized Education Loans Home Delivered! With growing costs of education, the expenditure on children's education is one of the highest components of expenditure by an average Indian household. Over the past seven years, HDFC Credila has invested time and resources to set up appropriate systems, processes and know-how related to the education industry and has numerous databases on education sector and their credit scoring model for the approvals of loans, designed specifically for student loans.
Students: Don't Downsize Your Dreams!
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. The institute from where student completes the education remains with his/her name for life time! With education loan approval even before the admission process, HDFC Credila enables numerous students to pursue deserving and eligible students pursue their higher education in their dream institute! Thus, Students Don't Have to Downsize Their Dreams!
Since inception, HDFC Credila has funded 168,000+ Indian students pursuing 3,200+ programs across 4,500+ institutes in 61 countries.
Customized Education Loans, Home Delivered!
- No margin money required
- Up to 100% finance
- Tax benefit under Sec 80E
- Attractive rate of Interest
- No upper limit on loan amount
- Long term loans resulting in easy EMIs
- Flexibility in collateral security requirements
- Loan against property mortgaged with HDFC
