Bharath University Signs MoU with Credila for Educational Loans

Chennai, India (PressExposure) July 28, 2011 -- ~Quality education with a hassle free loan offer~

Financial constraint and anxiety will no longer be a barrier for education. In a move to offer hassle free education loans to the students, Bharath University signed a MoU with Credila, an HDFC Ltd company recently. The MoU will help students to avail education loans at their door steps with minimal documents and flexible repayment options. Students across disciplines from Medical sciences, Engineering, Computer applications and MBA can avail loans from Credila.

Credila-an HDFC Ltd Company is India's first dedicated education loan company. They have invested time and resources to set up appropriate systems, processes and know-how related to the education industry. In addition to this, with specialized focus, in-depth understanding of the requirement of students who wish to pursue higher education, Credila offers customized packages and unique services that make getting a loan simpler, faster and more convenient. And what's more, students who have already paid to the college for the 1st year tuition fee can also take an education loan form and Credila refinances the fee they have already paid to their college.

Commenting on this, Dr. K. P. Thooyamani, Vice-Chancellor, Bharath University said, "Our objective is to provide loans to the needy who cannot afford to pay the tuition fees on their own. Hope our association with Credila will help reduce the loan processing time with minimal constraints."

Commenting on the association with Bharath University, Mr. Gokulakrishnan, Marketing Manager T Region, Credila says, "Bharath University has been a great support to us. We have flexible loan plans for students, which makes us stand apart. Students can also apply to us directly at or call 1-800-209-3636 and avail door step service ".

About Bharath University:

Bharath University was established under the aegis of Sri Lakshmi Ammal Educational Trust with the aim of imparting higher knowledge in Science and Technology to the aspiring boys and girls so that they can emerge as competent scientists, engineers and technologists of repute. Bharath University was started in the year 1984 as Bharath Institute of Science and Technology, and acquired deemed University status in the year 2003. For further information on Bharath University, please visit

For more information, please contact:

Sampath @ 98437 50199/ Beerendra @ 98400 48860

Hanmer MSL

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Press Release Submitted On: July 28, 2011 at 1:17 am
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