Educational loan from Credila. Is it acceptable??

[amarecharla]

Hi All,
I have a doubt here..Does CHC accept a loan from CREDILA, which a venture of HDFC Bank?

I need to show 14 lakhs of educational loan. So I decided on two banks

1) Canara Bank--------------------10Lakhs
2) Credila (HDFC Bank)--------------4Lakhs

Please clear my doubt.

Regards,
Abhi.

 

[ragz306]

It is acceptable only under General category not under SPP.

 

[neeraj1985]

Hi Abhi,

If you are applying under SPP, I believe Credilla won't be acceptable. Credila Financial Services is a Subsidiary of Housing Development Finance Corporation Limited (HDFC) which makes it one its financial subsidiary and not of HDFC bank.

However, if you're applying under General then it should be absoultely fine and there won't be any problem.

Best of Luck !!

 

[vishu639]

Hi All,
I have a doubt here..Does CHC accept a loan from CREDILA, which a venture of HDFC Bank?

I need to show 14 lakhs of educational loan. So I decided on two banks

1) Canara Bank--------------------10Lakhs
2) Credila (HDFC Bank)--------------4Lakhs

Please clear my doubt.

Regards,
Abhi.

is it possible to take education loan for same course from 2 banks and is it acceptable ?