Founded in 2006, HDFC Credila was a pioneer in the Indian market as a Non-Banking Financial Company (NBFC) exclusively focused on education loans. Originally a subsidiary of HDFC Ltd., it aimed to simplify the complex process of securing funding for higher education. Following the merger of HDFC Ltd. with HDFC Bank, HDFC Bank sold its majority stake in the company to private equity firms BPEA EQT and ChrysCapital in 2023. The company continues to offer a range of tailored loan products covering tuition fees and living expenses for students, with a mission to enable deserving students to achieve their academic aspirations without financial constraints.

Founded in

India