Credila vs Tata Capital Education Loan Comparison for Students

In the last couple of years, NBFCs (Non-Banking Financial Companies) have gained popularity among Indian students in obtaining education loans. According to a recent survey by the National Sample Survey Office (NSSO, 2023) on tendencies of funding higher education in India, the growing inclination towards using NBFCs due to faster loan processing times, relaxed collateral requirements and tailored repayments plans is one reason as to why higher education students are turning to the NBFC. In the Tata Capital vs Credila student loan comparison, both lenders stand out with unique advantages: Credila offers tax benefits under Section 80E, while Tata Capital provides non‑collateral loans up to ₹50 lakh for aviation courses along with immediate EMI options.

Today, we will compare Credila and Tata Capital student loans to help you make an informed choice that suits your education financing needs. By evaluating interest rates, loan amounts, repayment options, and moratorium periods, this comparison will help determine which lender may be a better fit for your study abroad plans.

Credila Education Loan 

In the Credila vs Tata Capital education loan comparison, Credila has stood out as an education-focused NBFC since 2006. Through the years, it has built a strong presence by funding students across more than 60 countries and 5,000+ universities worldwide.

Reasons why Credila could be a great pick for you:

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  Zero margin money with 100% of education cost covered.
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  Moratorium covers the full course duration plus one year, during which the customer must pay PSI/SI/EMI.
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  Students with a GRE score of 310+ and relevant work experience may qualify for loans with a co-applicant when applying for select countries.

Tata Capital Education Loan 

Tata Capital categorizes the applicants into Platinum and Gold categories according to the strength of their profiles. Although these two types propose a favorable rate of interest and terms, the Platinum applicants tend to receive a little more favorable interest rates and, consequently, a greater opportunity to be approved in comparison with the Gold applicants.

Benefits of choosing Tata Capital for your education loan:

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  Applicants with up to five academic backlogs are considered.
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  A co-applicant must earn a minimum monthly income of ₹25,000 or above for loan approval.
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  The eligible applicant age range is 18-35 years.

What Credila and Tata Capital Offer

Here’s a clear view of what Credila and Tata Capital bring to the table for your education loan needs, helping you understand the key features, benefits, and eligibility options available as a student in this Tata Capital vs Credila student loan comparison.

Interest rate as of August 2025*

Credila and Tata Capital Loan Limits Overview

Tata Capital has designed personalized loan slabs in the areas of STEM and Management courses in the categories of Platinum and Gold. See the table below.

Loan amounts, repayment terms offered by Credila are tailored to several factors including the country of study, university, type of course (STEM/Non-STEM-based), and financial profile of the co-applicant. Unsecured loans details are shown in the table below:

Note: These loan limits and moratorium repayment conditions apply to Master degree programs.

Credila or Tata Capital: Your Choice

Both Credila and Tata Capital offer a range of education loan options with unique features, eligibility criteria, and repayment structures. In this Tata Capital vs Credila student loan comparison, the right choice depends on your individual profile, study plans, and financial situation. Take time to review the details, compare what each lender offers, and check your Credila vs Tata Capital loan eligibility with GyanDhan’s loan eligibility tool to make an informed decision that works best for you.

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