Anybody who took loan from Credila? Can we avail Credila's services just to avail the loan sanction

Question

Anybody who took loan from Credila? Can we avail Credila's services just to avail the loan sanction letter for i20, provided the University allows loans as a source of fund?

Shirish · Answer

Application fee us rs 5000. Then u have to give details and fill a form.  Then they will give sanction letter.

Shirish · Answer

U have to negotiate I guess. Last year my cousin they took 5k

Shirish · Answer

Above 25 lakh colateral. Apply for 25 and then arrange for 5 if wanted.

Shirish · Answer

My cousins was without colateral

Shirish · Answer

Which univ finalised?

Shirish · Answer

Update profile got boston means GRE must be high

Shirish · Answer

Processing fee is 0.5% .  Application fee is 5k for below 25 an probably 10k above 25 lk. They can waive off processing fee if u persist. Application fee is compulsory other wise ppl just rake sanction later for purpose of I20/VISA and forget

Deepa · Answer

Shirish, Credila is charging 10k for the loan sanction letter. Can they reduce it to 5k ?

Deepa · Answer

Was it collateral or non-collateral?? I am applying for 30L

Deepa · Answer

Thanks Shirish.

Deepa · Answer

Not finalized yet. Decision pending. Awaiting more admits.

Deepa · Answer

Got BU, MET not GSAS

Ananya Chakraborty · Answer

Abinaya I agree...they told me the same

Abinaya M · Answer

Is it not 1 percent of the loan amount?  That's what they said me.

Anybody who took loan from Credila? Can we avail Credila's services just to avail the loan sanction

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