Education Loan

How to Track HDFC Credila Education Loan Status

How to Track HDFC Credila Education Loan Status

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Learn how to effortlessly track your HDFC Credila Education Loan status with our comprehensive guide. Stay informed about your loan application, disbursement, and repayment stages.

GyanDhan
Ananya Ghai
Updated on:  20 Feb 2024  | Reviewed By: 
Aman 
| 1.98K | 5  min read

Securing an education loan is a critical step for many students aiming to realize their dreams of higher education, both in India and abroad. HDFC Credila stands out as a leading NBFC, offering customized financial solutions tailored to the unique needs of aspiring students. Keeping track of your loan application status is an essential aspect of planning your educational journey to avoid bummers at the last moment. Keeping an eye on your loan status not only helps you manage your finances better but also prepares you for the repayment phase. By staying informed, you can plan your budget, ensure timely payments, and avoid any surprises in the long run. 

 

Check Your Education Loan Eligibility

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Key Features of HDFC Credila Education Loan

Feature Description

Loan amount

Up to INR 65 Lakh

Rate of interest

10.5 - 12.5%

Processing fees

0.5 - 1%

Processing time

7-10 days

Margin money*

nil

Moratorium period*

Course duration + 1-year

Repayment tenure

15 years

 

Checking HDFC education loan status is crucial for students, as it aids in effective financial planning and ensures a smooth transition into their educational endeavours. By staying informed about your loan application's progress, students can promptly address any issues or additional documentation needs, avoiding unnecessary delays. This vigilance ensures that financial arrangements for tuition, accommodation, and other essential expenses are secured well ahead of time, alleviating stress and allowing students to focus on their studies.

 

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How to check HDFC Education Loan Status?

Navigating through the financial aspects of your education can be challenging, but HDFC Credila makes it easier to keep track of your education loan. Here's a simple guide to help you stay updated with your loan status:

  1. list items Access the loan status tracker - First, visit the loan status tracker webpage. This page is your gateway to all the details regarding your loan.
  1. list items Enter your details - The loan tracker page requests specific details to help identify your loan application. You have the option to input either one of the following:
  • list items Applicant name: If you choose to use your name, make sure it is entered exactly as it appears on your loan application form to avoid any discrepancies.
  • list items Reference/proposal number: Alternatively, you can use your unique reference or proposal number, which you received during your loan application process.
  • list items Date of birth: Your date of birth is another way to authenticate your request. 
  • list items Mobile number: If you registered a mobile number with your loan application, you could use it for quick access to your loan status.
  1. list items Solve the Captcha - Security is a priority, so you'll need to complete the Captcha challenge to prove you're not a robot. This step ensures the security of your personal information.
  1. list items Submit and track - Once you have filled in the necessary information and solved the captcha, click on the 'Submit' button. Your loan status should be displayed on the screen, giving you real-time updates on your loan disbursement, outstanding amount, interest rates, and more.

Note - If you're having trouble with the tracker or have questions about your loan, HDFC Credila's customer support is ready to assist. Their dedication to customer service ensures that you can navigate your financial journey with confidence.

 

Check Your Education Loan Eligibility

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How to Apply for an Education Loan at HDFC Credila?

Applying for an education loan from HDFC Credila is a straightforward process, designed to ensure convenience and efficiency. Here's how you can start:

  • list items Visit the official website: Begin by visiting HDFC Credila's official website, where you'll find detailed information about the various loan products available.
  • list items Check eligibility: Utilize the eligibility calculator available on the website to determine if you meet the loan criteria.
  • list items Document submission: Gather all necessary documents, including academic records, admission letters, and financial statements. HDFC Credila's website provides a comprehensive checklist of required documents.
  • list items Application form: Fill out the online application form with accurate details. Ensure all entered information is correct to avoid delays in processing.
  • list items Loan approval and disbursal: Upon submission, HDFC Credila will review your application. If approved, they will contact you for further process and loan disbursal details.

Securing an education loan is a significant step towards achieving your academic aspirations. With the right guidance, this journey can be much less daunting, allowing you to focus on what truly matters - your education. Now applying for an education loan is a daunting task but with GyanDhan by your side, the road can be smooth and hassle-free. In case of any hurdles or delays, GyanDhan interacts directly with the management at HDFC Credila, ensuring your loan process is expedited and hassle-free. Check your loan eligibility to start right away!

Calculate your Education Loan EMI

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Frequently Asked Questions

What is the loan processing time at HDFC Credila?

HDFC Credila takes up to 7-10 days to process a loan.

How can I apply for an education loan from HDFC Credila?

To apply for an education loan, visit HDFC Credila's official website, check your eligibility, submit the required documents, fill out the application form accurately, and await approval and disbursal details.

How to check HDFC Credila education loan status?

Log in to your account on the HDFC Credila website, navigate to the 'Loan Status' section, and enter your application number or registered mobile number to view the current status.

Can GyanDhan help if my loan application is delayed or faces hurdles?

Yes, GyanDhan can directly communicate with HDFC Credila's management on your behalf to resolve any delays or issues, ensuring your loan application process is smooth and expedient.

Check Your Education Loan Eligibility


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