Hey there,
This would have been a great webinar we guess. This post is for those who missed this webinar for some reason or looking to finance their abroad education with the help of
HDFC Credila.
Getting a loan from HDFC Credila an
NBFC in India is pretty simple, especially if you choose to proceed through
GyanDhan. HDFC Credila's abroad education program loan offers a comprehensive financial solution for students aspiring to pursue education overseas. With a generous loan amount of up to INR 65 Lakh, this program ensures that students can cover a significant portion of their educational expenses. The competitive
rate of interest, ranging from 12.5% to 13.5%, provides a reasonable financing option.
Additionally, the processing fees, set between 0.5% and 1%, make the application process accessible. The quick processing time of 7-10 days further facilitates a smooth and timely disbursement of funds. One notable feature is the absence of
margin money, easing the financial burden on students. The
moratorium period, extending up to the course duration plus one year, allows students to focus on their studies before commencing repayments. With a repayment tenure of 15 years, HDFC Credila's abroad education program loan offers a flexible and accommodating financial solution for those pursuing education abroad.
The eligibility criteria for HDFC Credial look like this -
Age: Applicant must be an Indian citizen, aged 18 or older.
Academic Performance: Strong academic record, meeting institution's criteria, and required test scores (e.g., GRE, IELTS, TOEFL).
Co-Applicant: Requires a co-applicant with a steady income and positive credit history (mother, father, sister, brother, spouse, relative, or legal guardian).
Course and Country: Covers various courses (graduate, post-graduate, diploma, certificate, doctorate) in recognized foreign universities, including countries like the USA, UK, Canada, Australia, New Zealand, France, Germany, and Ireland.
If you require additional information regarding HDFC Credila's abroad education loan or need general support in financing your overseas studies, you can avail yourself of the free services offered by GyanDhan. Rest assured, you will receive an education loan from the best lender based on your requirements. To get started, simply
check your eligibility.