credilla

[rkapoor]

I have searched for Credilla and I have found that it is RBI recognized
So why there is a problem for visa acceptance if we have loan from Credilla
anyone who had ever tried to get visa with Credila loan
I have heard that it is accepted all over the world except UK

I checked the below link and under this post someone has mentioned the same
http://www.canadavisa.com/canada-immigration-discussion-board/is-credila-loan-acceptable-for-study-permit-t76181.0.html




ashok123
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Re: Is credila loan acceptable for study permit
« Reply #1 on: July 19, 2011, 01:04:09 am »
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Hi

Yes the Credila letter will be acceptable as they are under the regulation of Reserve Bank of India (RBI). Canada Visa officials will accept loan letter from any financial institution, even if the bank is not listed on thier website, as long as the financial institution is under RBI regulation.
Only, your study permit application will be considered under the general category and not under the SPP
My cousin tried for Canada through Credila, he contacted the Canadian High commission who gave the above confirmation. Now, he is in Canada and about to finish the degree! You can also contact the High Commission, Delhi via email to clarify your doubts:
ANyway, the Credila loan letter will be fine and you should not face any issues, all the best!


Plsss reply its urgent

 

[rkapoor]

I am applying under University category

 

[rkapoor]

40 view and no reply

 

[sabby2612]

I have searched for Credilla and I have found that it is RBI recognized
So why there is a problem for visa acceptance if we have loan from Credilla
anyone who had ever tried to get visa with Credila loan
I have heard that it is accepted all over the world except UK

I checked the below link and under this post someone has mentioned the same
http://www.canadavisa.com/canada-immigration-discussion-board/is-credila-loan-acceptable-for-study-permit-t76181.0.html




ashok123
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Posts: 1
Ratings: +0
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Re: Is credila loan acceptable for study permit
« Reply #1 on: July 19, 2011, 01:04:09 am »
Reply with quoteQuote
Hi

Yes the Credila letter will be acceptable as they are under the regulation of Reserve Bank of India (RBI). Canada Visa officials will accept loan letter from any financial institution, even if the bank is not listed on thier website, as long as the financial institution is under RBI regulation.
Only, your study permit application will be considered under the general category and not under the SPP
My cousin tried for Canada through Credila, he contacted the Canadian High commission who gave the above confirmation. Now, he is in Canada and about to finish the degree! You can also contact the High Commission, Delhi via email to clarify your doubts:
ANyway, the Credila loan letter will be fine and you should not face any issues, all the best!


Plsss reply its urgent

I won't comment on all you talked about... anyway credilla is a sister concern of HDFC bank... HDFC bank is in the approved list of CHC....but Credilla isn't... hence loan from credilla not accepted. Now, even if you talk to Credilla (being part of HDFC Bank) about issuing sanction letter on HDFC letter head, they won't.... hence waste of time... you are wrong on many parts of your post... A bank loan has nothing to do with you being eligible to apply under SPP or General... just for your info, even if you have a bank loan, and bank is okay to pay your college fee and transfer funds to GIC, you are good to go under SPP... CHC/CIC doesn't care where did you get funds from under SPP... so for the other parts where you were wrong, perhaps someone will comment... it's kinda late here...and can't write it all now...

Wish you luck...