▲ 2 r/personalfinanceindia+1 crossposts

HDFC Credila repayment question: Can I pay during the grace period without triggering full EMIs?

Hi all,

I'm currently on a 1-year grace period for my HDFC Credila foreign education loan. I want to pay off a chunk of the loan right now using some savings so that less interest accumulates.

Before I make the payment, I wanted to double-check: Will doing this cancel or end my grace period early? I want to make sure Credila won't suddenly demand the full monthly EMI starting next month just because I made a voluntary payment.

For those who have dealt with Credila:

  1. Did your grace period stay intact when you made partial payments?
  2. How smooth is their online portal for making these early payments?

Appreciate any insights or experiences!

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u/Less-Temporary-8195 — 2 months ago