Credila is India's first education loan specialist. Loan in India disbursed in Rupees which can be converted in foreign currency by the student wherever required.
Repayments of the loan to be made by the borrower in Indian Rupees only.
Borrower must be an Indian citizen
Co-borrower(s) must be an Indian citizen
Borrower must be 18 years of age or older
Co-borrower(s) must have a bank account in any bank in India with cheque writing facilities
Confirmed admission in the colleges before disbursement
Borrower and Co-borrower(s) to meet Credila's credit and underwriting norms as applicable from time to time