Credenc Education Loan

Credenc Education Loan is a financing option designed to help students fund their higher education, both in India and abroad. Credenc offers quick, paperless loan approval with flexible repayment options, making it accessible for students who need financial assistance to pursue their academic goals.

Updated On - 05 Sep 2025
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What is the Credenc Education Loan?

Credenc Education Loan is a financial product designed to help students fund their higher education. It is offered by Credenc, an education financing platform that provides loans for both domestic and international studies.

Credenc was founded in 2017. It is fastly becoming a preferred organization for students to apply for educational loan. The loan can cover a variety of educational expenses, including tuition fees, books, accommodation, and other costs related to the course.

Features of Credenc Education Loan

Category

Criteria

Loan Amount

  1. With Collateral: Up to Rs.1 Crore
  1. Without Collateral: Up to Rs.50 Lakh

Processing time

Up to 2 working days

Repayment Period

Up to 12 years

Countries to be covered

USA, UK, Canada, Germany, France, Australia, and others

Eligibility Criteria for Credenc Education Loan

The eligibility criteria for Credenc education loan are mentioned below:

  • Applicant holds Indian citizenship
  • Applicant is between the ages of 18 years to 35 years
  • Applicant should hold a three-year graduate degree in any field
  • Valid GRE/GMAT score or equivalent

Documents Required for Credenc Education Loan

Documents required to apply for Credenc education loan are mentioned below:

  • Passport size photo
  • A copy of passport
  • Resume (Updated)
  • PAN card and Aadhaar copy
  • Permanent residence address proof
  • Academic proof
  • Proof of admission from the Abroad university
  • Fee structure of the course
  • Scholarship/fellowship proof if the applicant has received any

How to Apply for Credenc Education Loan?

Follow the steps mentioned below to apply for Credenc education loan are mentioned below:

Step 1:  Visit the official website of Credenc

Step 2:  Next, select the ‘Apply for Loan’ option from the menu

Step 3:  Fill in all your details and submit the form

Step 4:  A representative of Credenc will contact you to take your application forward

FAQs on Credenc Education Loan

  • For which courses can I apply for Credenc education loan?

    MBA, Masters in data analytics, data science, statistics, etc. Are some courses for which you can apply for Credenc education loan.

  • Can I get a loan with a conditional admission letter from the university?

    Yes, you can get a loan with a conditional admission letter from the university.

  • How much loan can I get from Credenc without collateral?

    You can get a loan of up to Rs.50 lakh from Credenc without any collateral.

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