Credenc.com - Potential Based Education Loans

Credenc is a digital education loans platform in the domestic higher education segment which enables finance to cover college expenses for India's brightest students basis their future income potential as opposed to the means available to their parents. Our fundamental belief is that providing access to finance for education is the most sustainable way of nation building. With ever increasing cost of education, there is an urgent requirement to solve the problem of access to finance for education.We work closely with more than 200 colleges across 17 cities and provide loans for both post graduate & undergraduate courses and have approved loans for more than INR 100Cr. Credenc has a 3 stage evaluation process which includes profile assessment basis a digital application form, a future income score basis its AI data model with 15 million data points and lastly a skills assessment which check logic, basic math and communication skills. Currently education loans approvals can take upto 2 months, with Credenc the average loan decisioning time is 5 days and the company will work to reduce this further. This is possible due to the entirely digital process and its proprietary technology. Students can get loan approvals from the convenience of their homes. Apply for your education loan at www.credenc.com