Loans for TWB Certifications are provided by Credila. Credila is a specialized lender for education loans. Credila’s objective is to be India’s leading Originator/Lender and Servicer of student loans. DSP Merrill Lynch Capital Limited is an investor in Credila Financial Services. DSP Merrill Lynch Capital Limited is a subsidiary of Merrill Lynch. Merrill Lynch is one of the world’s leading wealth management, capital markets and advisory companies, with offices in 40 countries and territories, with total client assets of almost US$ 2 Trillion. (http://www.ml.com)

Credila’s credit scoring model for approval of loans is designed specifically for education loans. It assesses both:
• Educational and training organizations, such as TWB, for their ability to generate meaningful employment for students, as well as
• Students and their ability to pay back for education that they receive from TWB.

Credila participates in all phases of the student-loan process from origination, underwriting through servicing, and collection.

Are you eligible? You can find out in 24 hours. Just fill up this form!

This is an Indian Rupee denominated student loan, for students applying for TWB Certification Programs.

• The loan will be disbursed in India, in Indian Rupees

• Repayments of loans are to be made, by the borrower, in Indian Rupees only

Eligibility
• Borrowers must be Indian citizens
• Co-borrowers must be Indian citizens
• Borrowers must be 18 years of age or older
• Co-borrowers must have bank accounts in any bank in India, with check-writing facilities
• Confirmed admission to colleges before disbursement
• Borrowers and Co-borrowers are required to meet Credila’s underwriting criteria

Co-borrower Requirement
• The loan will be co-signed by a co-borrower in India
• A co-borrower is mandatory for all student loans
• The co-borrower can be a parent, brother, sister, guardian, or any other relative
• The co-borrower’s role would be, necessarily, that of the primary debtor

What Costs Are Covered?
• All tuition fees, as determined by TWB
• Up to 75% of other expenses, including living expenses, books, etc., as determined by TWB

To Download Loan Application Form in PDF Format Click Here