Fund Your Higher Education The Smart Way With HDFC Credila, a new-age education loan company, offers quick, convenient and tailor-made loan products with simple online application process. You can apply even before admission confirmation and avail an unsecured loan up to 45 lakhs at competitive rates!

HDFC Credila’s unique Benefits:

• Easy online application

• Attractive Tax benefits* under Sec 80E

• Up to 100% finance • Unsecured loan up to ₹45 lakhs available

• Repayment tenure up to 15 years

• No margin money

• Competitive rate of interest

• Pre-approved loan before admission too

Frequently Asked Questions

1. Who can apply for HDFC Credila’s Education Loan?

HDFC Credila provides education loans to Indian students for higher studies in India and abroad. HDFC Credila has funded Indian students for pursuing higher studies in over 2500+ Institutes across 38+ countries and hundreds of colleges In India!

2. How much loan can I get From HDFC Credila?

HDFC Credila finances up to 100% of the cost of education including living expenses for both on and off campus accommodation.

3. What are the Tax benefits of taking an education loan from HDFC Credila?

Every HDFC Credila Education Loan borrower or co-borrower is entitled to avail attractive tax benefits on interest paid on education loan, under Sec 80-E of the Income Tax Act. This Tax benefit can be availed by an individual for self or a relative, meaning spouse, child or a student for whom the individual is a legal guardian. To calculate the Tax Saving with HDFC Credila’s Loan, visit here

4. When is the right time to apply for an Education Loan?

Most banks require confirmed admissions before granting the approval letter for the education loan, whilst most universities prefer students with the assured funding. However, HDFC Credila encourages students to apply soon after your test scores are received and get loan sanctions*. This enables students and parents to know their loan eligibility in advance.

Other benefits: • Increases the chances of getting admission to your dream university since there is fund assurance • The preferred way to declare 'Assured Funds to Universities' • Loan Sanction letter has better acceptance over the solvency letter • Assures no last-minute surprises especially during Visa/fee payment time