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.
Table of Contents
What is 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 |
|
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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