Education Loans from Credila

Education Loans from Credila

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Kotak has a tied up with Credila Financial Services for overseas Education loan. Credila Financial Services is India’s 1st dedicated Education Loan Company, As of March 2024, Credila has given Education loan to around 178000+ students across 63 countries.

Special Benefits of getting Education Loans from Credila

Tax benefits under Section 80E

Seamless loan sanctions

Reduced TCS of 0.5% on foreign remittance

Up to 100% finance, covering tuition fee and ancillary expenses

Loan Amount:

Unsecured loan up to ₹75 lakh

Courses Covered:

Credila has funded 178,000+ Indian students across 63 countries in 4,600+ institutes*

Collateral options:

Moveable/liquid collateral, such as a fixed deposit

Immovable collateral, such as a flat, house, bungalow, land (non-agricultural) land or, shop, etc

Eligibility

Applicant and co‐applicant(s) to meet Credila's credit and underwriting norms as applicable from time to time

*Conditions apply. Sanctioning of Education Loans are at sole discretion of Credila.