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HDFC Bank Limited Education Loan

HDFC Bank offers higher education aspirants an attractive education loan scheme with viable interest rates and high lending amounts. The infographic below illustrates the primary features of HDFC’s student loans for higher education in domestic and international institutes of learning.

Eligibility Criteria

Lending Amount

Interest Rates

Repayment Tenure

Processing Charges

Higher Education Aspirants who have Secured Admission

Up to 10 Lakhs for Graduate and Post Graduate Studies in the Country – No Cap for Indian Students applying to Colleges and Universities Abroad

Up to 14.1%

Max – 15 Years

Up to 1.5% of Loan Amount

Bank Link	http://www.hdfcbank.com/personal/product/productlanding/educational-loan/gts8mipm
Loan Amount	Loans upto Rs.10 Lakhs for Education in India and upto Rs.20 Lakhs for Education abroad
Interest Rate	Information not available
Tenure	Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier). Loan available upto tenure of 15 years including moratorium period
Pre Payment Charges	Upto 4% of the Principal Outstanding after 6 months of repayment

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Service Charges

Processing Fee: Upto a maximum 2% of the loan amount

Other Charges

Legal / incidental charges: At actual

Self
Minimum Age (in yrs.)	16 - 35 yrs
Minimum Income (in Rs.)	Income Criteria Not Available
Minimum Work Experience (yrs.)	Information not available
Residence Status (yrs.)	Valid Residence proof
Id Proof	Co-Applicants Passport Copy/ Voters ID card/ Driving Licence/Copy of PAN Card/Other valid ID
Address Proof	Passport/Voters ID/Driving License/Latest Electricity bill/Latest Landline Telephone Bill/Any other Valid Address proof
DOB Proof	Birth Certificate

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Salaried
Minimum Age (in yrs.)	16 - 35 yrs
Minimum Income (in Rs.)	Income Criteria Not Available
Minimum Work Experience (yrs.)	Information not available
Residence Status (yrs.)	Valid Residence proof
Id Proof	Co-Applicants Passport Copy/ Voters ID card/ Driving Licence/Copy of PAN Card/Other valid ID
Address Proof	Passport/Voters ID/Driving License/Latest Electricity bill/Latest Landline Telephone Bill/Any other Valid Address proof
DOB Proof	Birth Certificate

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

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