Compare Credila and Tata Capital Education Loans for Students | GyanDhan
In the last couple of years, NBFCs (Non-Banking Financial Companies) have gained popularity among Indian students in obtaining education loans. According to a recent survey by the National Sample Survey Office (NSSO, 2023) on tendencies of funding higher education in India, the growing inclination towards using NBFCs due to faster loan processing times, relaxed collateral requirements and tailored repayments plans is one reason as to why higher education students are turning to the NBFC. In the Tata Capital vs Credila student loan comparison, both lenders stand out with unique advantages: Credila offers tax benefits under Section 80E, while Tata Capital provides non‑collateral loans up to ₹50 lakh for aviation courses along with immediate EMI options.
This is a companion discussion topic for the original entry at https://www.gyandhan.com/blogs/credila-vs-tata-capital-education-loan