Credila Education Loan Interest Rate & Processing Fee – Complete 2025 Guide

When funding your international education, understanding your loan's cost structure is critical. The interest rate and processing fee directly impact your total repayment. Credila Education Loan, a specialized student loan offering from HDFC Credila, provides competitive and customizable loan options for Indian students. This guide breaks down the 2025 interest rates, processing fees, influencing factors, and tips to lower your overall borrowing cost.

What Is the Current Credila Education Loan Interest Rate in 2025?

Credila's education loan comes with a floating interest rate, which means it can vary over time. The rate is calculated as:

H-CBLR (Credila Benchmark Lending Rate) + Spread

Interest Rate Range:

The exact ROI depends on your course, destination, profile, and co-applicant's financials.

Example: If H-CBLR is 10.25% and your spread is 1.25%, your effective ROI will be 11.5%.

Credila Education Loan Processing Fee Explained

Credila charges a processing fee of 0.75% - 1.25% + GST on the sanctioned loan amount. This fee is payable only once your loan is sanctioned and accepted.

Special Offer via Student Cover:

• Discounted Processing Fee: Can be as low as 0.5% + GST
• Faster approval and documentation assistance

Example: For a ₹20 lakh loan, the standard fee is ₹15,000 + ₹2,700 GST = ₹17,700. With Student Cover: Fee = ₹10,000 + ₹1,800 GST = ₹11,800.

Detailed ROI Calculation Example

Let's break down how ROI and fees affect your actual loan cost.

Scenario:

• Loan Amount: ₹20,00,000
• ROI: 11.25%
• Tenure: 10 years (120 months)
• Processing Fee: 0.75% + GST = ₹17,700

EMI: ₹27,756 (approx.)

Total Repayment: ₹33,30,720

Total Interest Paid: ₹13,30,720

 Factors That Influence Your Credila ROI

• Academic record and entrance exams (GRE, IELTS, GMAT)
• Course and university ranking
• Country of study
• Collateral vs non-collateral application
• Co-applicants income and CIBIL score

Who Should Choose Credila Based on ROI and Fees?

Credila is best for:

• Students going to top universities in USA, UK,Ireland, Germany etc.
• Applicants with strong co-applicants but no collateral
• Those who want fast processing within 48 hours
• Students looking to negotiate better rates through Student Cover

Common Myths About ROI & Processing Fees

Myth 1: Interest rate is fixed once sanctioned.

Truth: Credila offers floating ROI based on H-CBLR.

Myth 2: Collateral loans always have lower ROI.

Truth: Even non-collateral loans with strong co-applicants can get great ROI.

Myth 3: All NBFCs charge hidden fees.

Truth: Credila has transparent fee structures, especially when applying through Student Cover.

FAQs – Interest Rate & Processing Fee

What is the current interest rate for Credila loans?

Between 9.50% and 12.25%, depending on your profile.

What is the processing fee in 2025?

0.75% - 1% + GST (discounted to as low as 0.5% + GST via Student Cover).

Can I negotiate the ROI and fee?

Yes, especially when applying through Student Cover.

Do fees differ for collateral and non-collateral loans?

No, but ROI may vary.

Is the fee refundable if I cancel?

No, processing fees are non-refundable.

Final Verdict: Is Credila Worth It in 2025?

If you’re planning to study abroad, Credila Education Loan is a leading option. With transparent interest rates, fast approvals, and exclusive discounts via Student Cover, it offers tremendous value for deserving students.

Apply Now & Save

📍 Apply through Student Cover

📞 Talk to our loan expert: +91-9871377966