COMPARE : EDUCATION LOANS
HDFC Bank Education Loan
Introduction
HDFC bank offers education loan for studies in India or abroad to bridge the gap between you and higher education. Bank offers hassle free loan at attractive interest rates. Bank gives loan for other course related expenses also. Loan approval process is speedy.
Highlights
  Study Abroad Study India
Course Graduation Graduation
Loan Type Term Loan Term Loan
Loan Purpose Loans are also provided for studying abroad for job oriented courses at degree level and advanced studies in all areas for post-graduation. For payment of fees to school/college and for purchase of books, hostel fees, examination fees, etc. The Educational Loan Scheme outlined below aims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. The main emphasis is that every meritorious student is provided with an opportunity to pursue education with the financial support on affordable terms and conditions. No deserving student is denied an opportunity to pursue higher education for want of financial support
Loan Amount Min. - Rs 50000
Max. - Rs 2000000
Student Loans Upto Rs. 15 Lakhs
Unsecured Lending Upto INR 7.5 Lakhs
Margin Money 15 % 5 %
Tenure Min. - 1 Yrs.
Max. - 15 Yrs.
Min. - 1 Yrs.
Max. - 7 Yrs.
Interest Rate Charges for late payment of EMI: @ 24 % p.a. on amount outstanding from date of default
Time to Process Loan 7 days 7 days
 Fees & charges
 Eligibility Criteria
 Security
 Terms & Conditions
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Complete guide to education loans in India