Date: 10/12/2024
To Whomsoever It May Concern
This is to inform that Credila Financial Services Private Limited has Sanctioned
an education loan of Rs. 10,00,000/- to Ms. Santhi Kumari Muripindi, Mr. M.
Varahulu (Coborrower) for pursuing course in Hyderabad in Master in Business
conducted by India School of Business.
Educational Loan Amount of
Tranche No. Account Number Date of Disbursement Disbursement
1 A14123262 20-01-2023 Rs. 10,00,000/-
The details of repayment for financial year 2023- 2024 are given below: -
Amount of Projected amount of Total Amount of
Educational Loan Installment Paid as of Amount of Interest Amount of Principal Interest Due in FY Interest Due in FY
Tranche No. Account Number Date Paid as of Date Paid as of Date 2023-24 2023-24
1 A14123262 Rs. 150540/- Rs. 101200/- Rs. 49340/- Rs. 50600/- Rs. 151800/-
Note: This certificate is issued at the request of the borrower(s) and neither the
company nor any of its official shall be responsible or liable directly or indirectly
with regards the issuance of this certificate. Further though reasonable care and
diligence has been exercised in generating this certificate, however, pursuant to
the education loan agreements, nothing here in shall prejudice Credila’s interest
or rights if there is any clerical or arithmetical error in the statement and / or the
calculations due and payable by the borrowers.
We further advise that the above details of tentative principal and interest
payable are given on the assumption that there will beno further withdrawal from
your un availed sanctioned limit or changes to the amortisation schedule on
account of tenure or rate of interest as applicable at the given point of time. The
above interest would qualify for deduction under section 80E of the IncomeTax
Act, 1961, subject to fulfilment of the conditions prescribed therein and the rules
defined therein. These conditions have not been verified by Credila. Customer
should seek professional tax advice to confirm the eligibility for deduction under
this section.
This is a computer generated document, does not require signature.
