Address: | Pune, Maharashtra |
Dont take a loan from these guys just because they process it faster than SBI or other public sector banks. While they convince you are the time of giving you the loan that there is no hidden costs they even charge things like document storage fee of 2500 Rs. We had a terrible experience with repayment due to insurmountable hidden costs and would not recommend anyone going abroad to take education loan from credila. Plan ahead so that you can get your loan approved in time from a public sector bank. Was this information helpful? |
Account maintenance charges of Rs.1500/- once repayment starts.
Even after several reminders Mr.Balaji, Manager will not allow you to escalate or give you any escalation point.
The following is the stock reply, when asked for reducing interest rates --
We are reviewing our borrowing cost, operation cost, etc. closely and as and when we see reduction in the same, we will pass on the benefits to you and other customers.
Post demonetisation all banks have reduced their interest rates for all category of loans but not Credila.