HDFC Credila Education Loan (India)
HDFC Credila Education Loan — India’s first dedicated education-loan NBFC, with pre-visa disbursal and overseas coverage across 2,500+ universities.
Documents required
- PAN Card
- Aadhaar Card
- Admission letter
- Fee structure
- Co-borrower KYC
- Co-borrower income proof
As published by HDFC Credila. Your branch may ask for more.
No verified interest rate is available for the HDFC Credila education loan (india).
Best for: STEM/MBA students at top US/UK/Canada/Australia universities needing fast pre-visa sanction without collateral up to ₹45L.
Eligibility
Loan terms
- Specialized education loan NBFC
- Pre-visa disbursal
- Covers all expenses including living
- Covers 2,500+ overseas universities
Fees & charges
Tax: interest paid is deductible under Section 80E with no upper cap, for up to 8 years. Confirm with a tax adviser.
FAQ
After the moratorium — course duration plus 6 to 12 months. Interest accrues during study; paying simple interest through the moratorium reduces your later EMI.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.