How to Track HDFC Credila Education Loan Status
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:  10 Jun 2024  | Reviewed By: 
Aman 
| 4.94K | 4  min read

For many students hoping to fulfill their dreams of attending college, both in India and overseas, obtaining an education loan is an essential first step. As a top NBFC, HDFC Credila distinguishes itself by providing specialized financial solutions catered to the particular requirements of prospective students. Monitoring the status of your loan application is a crucial part of organizing your academic path to prevent last-minute surprises. Monitoring your loan status helps you better manage your money and gets you ready for the payback period. You can plan your budget, guarantee on-time payments, and steer clear of any long-term surprises by remaining informed. 

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

Students should check the status of their HDFC education loans regularly to ensure a smooth transition into their academic pursuits and to help with financial planning. Students can prevent needless delays by keeping track of the status of their loan application and promptly addressing any issues or additional documentation requirements. By making sure that the money for tuition, housing, and other necessary costs are arranged well in advance, this watchfulness reduces stress and frees up students to concentrate on their studies.


Learn about your options for funding higher education with HDFC Credila. Watch our video to see how you can easily secure an education loan!



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How to check HDFC Education Loan Status?

It can be difficult to manage the financial aspects of your education, but HDFC Credila makes it simpler to manage your student loan. Here's a quick guide to help you keep track of the status of your loan:

 

1. Access the loan status tracker - First, visit the loan status tracker webpage to access the loan status tracker. This page serves as your entry point to all loan-related information.

 

2. 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: Enter your name exactly as written on your loan application form to avoid discrepancies.
  • list items Reference/proposal number: You can use your unique proposal number. (received during your loan application process.)
  • list items Date of birth: Use your date of birth to verify your request. 
  • list items Mobile number: You could use your mobile number, if you registered one with your loan application, to quickly check the status of your loan.   
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    3. Solve the Captcha - Since security is the top concern, you must complete the Captcha task to demonstrate that you are human. The security of your data is guaranteed by taking this action.
     

     

    4. Submit and track - After completing the required fields and resolving the captcha, press the "Submit" button. You should be able to see your loan status on the screen, where you can see current information about interest rates, outstanding balances, loan disbursements, and more.

     

    Note - The customer service representatives at HDFC Credila are available to help if you need assistance with the tracker or have inquiries regarding your loan. Their commitment to providing excellent customer service guarantees that you can confidently proceed with your financial journey.

     

     

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    How to Apply for an Education Loan at HDFC Credila?

    The process of applying for an education loan from HDFC Credila is simple and is intended to be quick and easy. Here's how to apply for an education loan:

  • list items Visit the official website: Start by going to HDFC Credila's official website, where you can obtain comprehensive details regarding the different loan options that are offered.
  • list items Check eligibility: To find out if you qualify for the loan, use the eligibility calculator on the website.
  • list items Document submission: Collect all required documents, such as bank statements, admission letters, and academic transcripts. The website of HDFC Credila offers an extensive list of necessary paperwork.
  • list items Application form: Complete the online application form with the correct information. Make sure all data entered is accurate to prevent processing delays.
  • 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.
  • One of the most important steps in reaching your academic goals is getting an education loan. This journey can be considerably less intimidating with the correct direction, freeing you up to concentrate on your education, which is what counts. Even though applying for an education loan can be difficult, the process can go more smoothly and painlessly if GyanDhan is on your side. GyanDhan communicates with HDFC Credila management directly in the event of any obstacles or delays, guaranteeing a quick and easy loan application process. Start now by calculating your eligibility for a loan!

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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?

    Visit the official HDFC Credila website to apply for an education loan, verify your eligibility, send in the necessary paperwork, correctly complete the application, and wait for the loan's approval and disbursement information.

    How to check HDFC Credila education loan status?

    To view the current status of your loan, log in to your account on the HDFC Credila website, go to the 'Loan Status' section, and enter your application number or registered mobile number.

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

    Yes, GyanDhan can speak with HDFC Credila's management directly on your behalf to address any problems or delays and make sure the loan application process goes quickly and smoothly.

    Check Your Education Loan Eligibility


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