Credenc
Credenc offers education loans for various courses in India and abroad, using AI to predict earning potential and providing quick, paperless approvals.
Services
Credenc offers a wide range of services tailored to meet the financial needs of students. They provide education loans for studying in India and abroad, catering to various courses including MBA, Engineering, Medical, and others. The company’s services include unsecured loans up to 50 lacs without collateral, quick loan approvals within a day, and a digital, paperless loan application process. Additionally, Credenc offers tools like EMI Calculator and Eligibility Calculator on their website to assist students in understanding their loan repayment options.
Products
Credenc’s primary product is its education loan service, which is designed for both undergraduate and postgraduate courses. Loans are available for professional courses such as B.Tech, M.Tech, MBA, and MS. The company provides loans for up-skilling and reskilling courses and students with confirmed admissions in reputed colleges. Their offerings are inclusive of students with a valid scorecard from entrance exams like JEE, GRE, GMAT, etc. Credenc also extends its loan services to students at premier institutions like IITs and IIMs.
Sector
Credenc operates within the education finance sector. Their focus is on providing financial solutions to students pursuing various educational and professional courses. The company partners with multiple banks and financial institutions to facilitate loans, and they employ a proprietary AI underwriting model to predict a student’s future earning potential. This innovative approach allows them to offer pre-approved education loans based on the assessment of students' potential.
Additional Services
Beyond education loans, Credenc offers several additional services to support students. These include exclusive job opportunities, resume and LinkedIn help, and interview support. For students studying abroad, Credenc provides services like scholarships, foreign exchange, and housing assistance. By partnering with over 2000 colleges, Credenc ensures extensive coverage and support for students in need of financial help.