Credila Education Loan

The Credila Education Loan, now available on Bajaj Markets, can help you achieve your highest academic ambitions, hassle-free. You can pay the high tuition fees and fulfil other expenses by applying for an collateral-free loan of up to ₹75 Lakhs. Furthermore, you can enjoy interest rates starting from just 10.25% p.a. and repayment tenures ranging up to 15 years.

Here are the interest rates and other fees charged on this education loan:

The following factors will be evaluated when determining your eligibility for this loan:

• Student’s academics

• Chosen institute, course, and country

• Financial profile of the co-borrowers

If your credit profile does not meet the set criteria, you may be asked to submit a collateral. The same is also applicable if you want to borrow amounts higher than ₹75 Lakhs.

Alongside this, ensure to submit the documents listed below:

• Know Your Customer (KYC) documents

• Income documents

• Academic documents

• Collateral-related documents (If opting for a secured loan)

• Valid proof of funds for Form I-20

Follow these steps to apply for the loan on Bajaj Markets:

• Click on the ‘Apply Now’ option on this page
  
• Enter your personal and course-related details
• Select ‘Credila’ from the list of lenders
• Choose the required loan amount and repayment tenure
• Click on ‘Submit’

After this, a representative will reach out to you for further proceedings.

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.