Credila, an HDFC Ltd. Company, is India’s First Dedicated Education Loan Company and became India’s First Dedicated Education Loan Company.

MBBS loan:

A private medical universities and colleges in India raise their tuition fees for MBBS admissions almost every year.

Credila offers:

The facility to take an education loan covering the complete tuition fee and also covers the living costs.
Covers the long duration 6 year long medical (MBBS) courses too.
No margin money : Offers loan up to 100% of the collateral value.
Offers flexible co-borrower norms too.
Flexibility to choose a longer payback tenure also reduces the burden

Loan Amount

Minimum Loan Amount Indian Rupees 1,00,000
Lifetime Maximum Loan Amount: Credila does not have an upper limit on the loan

Rate of Interest

Rate of interest will be floating rate of interest linked to Credila’s Benchmark Lending Rate (CBLR)
The interest will be calculated using Simple Interest Rate
Floating rate of interest to be (Credila’s CBLR + Spread)% per annum

Partial List of Educational Institutes Funded
Eastern Institute of Management, Kolkata
Europe Asia Business School, Pune
Foundation for Liberal and Management Education (FLAME), India
Garden City College, India
G. R. Vidaydeep Business Management Academy, Bangalore, India
Guru Gram Business School, Nagpur
IBS Business School
IIM - Bangalore
Indian School of Business, India
Indira Institute of Management, Pune, India
IndraPrastha College of Management and Technology, Jodhpur
International Academy of Management & Entrepreneurship (IAME), India
ITM University, India
Manipal University
MIEL e-Security
NBA, India
National Management School
National School of Business
NIIM-School of Business Administration
Sharda University, Delhi
Shiv Nadar University
SMOT School of Business, Chennai
The Writers Block
Vishwa Vishwani Institute of Systems and Management
Welingkar Institute of Management Development & Research

Contact:

Credila Financial Services Private Limited
Registered Office: B 301, Citi Point, Andheri-Kurla Road
Andheri (East), Mumbai-400 059, India