Acceptance of Credila Banks education loan for canadaian student visa?

[ricky88]

hi guys i need an urgent advise please,i got acceptance from lambton college ,sarnia ,Canada for PG diploma in business management course(non spp ielts 5.5 overall) and got loan(4.5 lakhs) approval letter from credila bank a hdfc venture against fixed deposit of 2.5 lakhs ,so i am confused if Canadian embassy people will be convinced by loan approval from this bank for granting me student visa ,as some of the visa consulting agencies have doubt on authenticity of this bank,i will be applying visa from Canadian embassy Delhi,thanks in advance.

 

[lovepreet]

hi guys i need an urgent advise please,i got acceptance from lambton college ,sarnia ,Canada for PG diploma in business management course(non spp ielts 5.5 overall) and got loan(4.5 lakhs) approval letter from credila bank a hdfc venture against fixed deposit of 2.5 lakhs ,so i am confused if Canadian embassy people will be convinced by loan approval from this bank for granting me student visa ,as some of the visa consulting agencies have doubt on authenticity of this bank,i will be applying visa from Canadian embassy Delhi,thanks in advance.

Hey ricky

The bank is authentic however I have not come across anyone who has or had taken loan from this bank and submitted file in the embassy so buddy its bit tricky (though embassy shouldnt have any probs coz the bank is authentic and a subsidiary of HDFC)..i shall try and find out & update you ASAP.

All the best

 

[ricky88]

Thanks a lot lovepreet ,please find out more and let me know thanks again for reply.

 

[hardeep_chandigarh]

Hi

An eduction loan from Credila is not recognized for SPP.

Regards,
Hardeep

 

[jeetmks]

Yes...it is not acceptable under SPP.

Loan from only centralized bank is acceptable.

 

[vibez_well]

hi guys i need an urgent advise please,i got acceptance from lambton college ,sarnia ,Canada for PG diploma in business management course(non spp ielts 5.5 overall) and got loan(4.5 lakhs) approval letter from credila bank a hdfc venture against fixed deposit of 2.5 lakhs ,so i am confused if Canadian embassy people will be convinced by loan approval from this bank for granting me student visa ,as some of the visa consulting agencies have doubt on authenticity of this bank,i will be applying visa from Canadian embassy Delhi,thanks in advance.

Non-SPP right ? then it should be ok. as long as it is a scheduled bank in India, it should work.
and if the loan documents have the HDFC logo or statement that says its related to HDFC, then I dont see any problem.

your IELTS score (overall of 5.5) seems to be low. Chances to get rejected on grounds of "language ability.... blah blah reason) you may want to give the IELTS another shot and get it improved.

all the best.

 

[sammmiiit]

hello everyone,

i am under non spp category. can i take loan from credila or other financial services?

please reply