Home > Educational Loans > HDFC Bank

 

Educational Loans      
Features & Benefits
Loans upto Rs. 7.5 Lakhs for Education in India and upto Rs. 15 lakhs for Education abroad!
Attractive interest rates.
Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier)
Loan available upto tenure of 7 years including moratorium period.
Hassle free loans and speedy approvals.
Convenience of service at your doorstep.
Loans available for other course related expenses also!
Special privileges
Loans disbursed directly to the educational institution.
Loan to be released as per fee schedules of institutes.
Loans available for short duration/ job oriented courses also.
Eligibility
You need to be an Indian National.
You should be aged between 16 - 30.
Collateral is required for all loans greater than 4 Lakhs.
All Loans require a co-applicant. For co-applicant eligibility - check here
For complete details on eligible courses and other details, check our FAQs section
For complete documentation click here
Fees & Charges for Educational Loan
Description of Charges Personal Loan
Loan Processing Charges Upto a maximum 2% of the loan amount
Pre-payment charges Upto 4% of the Principal Outstanding
No Due Certificate / No Objection Certificate (NOC) Nil
Solvency Certificate Not applicable
Charges for late payment of EMI @ 24 % p.a. on amount outstanding from date of default
Credit assessment charges Not applicable
Non standard repayment charges Not applicable
Cheque swapping charges Upto Rs. 500/- per event
Loan cancellation / re-booking charges / Re-scheduling Upto Rs. 1000/-
Bounce Cheque Charges Upto Rs. 450/- per Bouncing
Statement Charges (per statement) / Repayment Schedule Upto Rs. 500/-
Legal / incidental charges At actual
  Apply Now
    Just fill the Online Application Form and our representative will get in touch with you shortly.
*Conditions Apply

 

 

Advance Your Career