[Resolved]  Credila Education Loan — Rejected loan application on the day of the deadline for the payment of fees.

Address:

New Delhi, Delhi, 110078

Kindly go to established banks for loan as credila can't be trusted. Credila in the beginning will call you with promises like giving loan for mba in a week without paying for it or giving collaterals and upto 25 lacs. As soon as you submit the documents, they will inform you that you'll have to pay 5000 per month starting from the month the loan is sanctioned. Even if you agree, they will keep you on the loop and assure you that the loan will be approved way before the deadline, ask you not to worry so that you don't feel the need to go to any other bank. After 5 days of submitting loan application, i checked the online complaints as credila agents were not responding to my calls and decided to apply for loan in several other banks. Credila on the other hand kept assuring me that the approval will be made in 2 days. On the day of my deadline, i get a mail in the morning from credila stating that they have rejected my loan application. On the last day of my deadline. If i'd have blindly trusted this bank and waited for an approval, i would have lost my seat and my career would have been ruined. Don't know why hdfc decided to associate with these people. Hdfc is just a name under which this fraud service is functioning. Don't even bother to apply for loan with credila, i think they provide loan to those who don't need loan in the first place, rich people. What a joke! Filing a complaint. Spread the word. This is the credila agents name and number who played with my career and will probably play with yours, rahul dubey [protected]