Loan amount

We cover entire cost of education with no upper limit with collateral. If you are looking for unsecured loan we can offer up to Rs 45 Lakhs*

Interest rates

Foreign education loans can be used for over 2100 universities, 950 courses across 35+ countries :-

  • MS
  • MBA
  • MBBS/MD – Only India Colleges
  • Executive Management Courses (Working Executives)
  • All Other Courses – Cases to Case Basis


  • Rate of interest will be floating rate of interest linked to HDFC Credila's Benchmark Lending Rate (CBLR)
  • The interest will be calculated using Simple Interest Rate
  • Floating rate of interest to be (HDFC Credila's CBLR + Spread)% per annum
  • A Spread is determined on the risk profile of the case which vary on account of a number of factors such as student's academic background, employability of the selected course from a selected college and country of study, financial strength of the co‐borrower, loan repayment capability, credit history, collateral offered or not, serviceability of the loan through HDFC Credila's branch network, cost/s associated with underwriting and servicing the loan, etc.

Costs covered

All of the tuition fees as determined by the college/University

Up to 100% of other expenses including living and hostel expenses, travelling expenses, examination fees, library/laboratory fees; purchase of books / equipment's/instruments/uniforms; passage money for studies into India; purchase of computers / laptops considered necessary for completion of the course as decided by HDFC Credila. Travel fare restricted to one economy class return ticket between India and the country of study.


Get a loan repayment option up to 14 Years including the Moratorium Period.

Collateral options

  • Moveable – Fixed Deposit with HDFC Bank or HL with HDFC Ltd
  • Immoveable Collateral – Flat, House, Bungalow, Land (Non-Agricultural), Shop, etc.

History of HDFC Credila

HDFC Credila is an HDFC Ltd. company. HDFC Credila,  is India's First Dedicated Education Loan Company. HDFC Credila Financial Services pioneered the concept of specialist Education Loan lender and became India's First Dedicated Education Loan Company.