HDFC Bank Education Loan, Study Loan, Loans for Education

HDFC Bank Education Loan Scheme

HDFC gives loans to students to partly meet their educational expenses / costs for pursuing specific higher educational courses at institutes approved by HDFC. Loans are given to students who are citizens of India. Features & Benefits:

  • Loans upto Rs.15 Lakhs for Education in India and upto Rs.20 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.
  • Tax Benefits availaible under Section 80E of the IT Act *
  • Hassle free loans and speedy approvals.
  • Convenience of service at your doorstep.
  • Loans available for other course related expenses also!

*  Pls Check with your CA

#  from Bank's approved list of Institutes

Special privileges:

  • Loans disbursed directly to the educational institution.
  • Loan to be released as per fee schedules of institutes.
  • Exclusive Telegraphic Transfer facility availaible for courses abroad.
  • Loans available for short duration/ job oriented courses also.

Credit Shield:

In case of death or total permanent disability of the loanee,the loanee/nominee can avail of the Payment Protection Insurance (Credit Shield) which insures the principle outstandings on the loan upto a maximum of the loan amount.Principle outsatnding is defined as the amount of loan outstanding (not including any arrears in payment or interest thereon) at the Date of Loss,having accounted for paymetns made and interest accruing as determined in the Policy.Hence,the amount covered does not include any principal added because of non - payment of EMI and also will not include interest/ accrued charges.**

* Conditions Apply*  Premium will be charged for this product.A transaction fee of Rs.350 will also be deducted at the time of disbursal.Pls note that service tax @ 12.36% will also be charged on both the premium and the transaction fee.

** Premium amount will be collected vide chque favoring HDFC Bank limited along with transaction fee of Rs. 350 and applicable service tax @12.36 %.

Just fill the Online Application Form and our representative will get in touch with you shortly.

Click here for Online Application Form.

Contact:

Ahmedabad :(079) 6662 3333

Gujarat :98982 71111

Bangalore :(080) 6600 3333

Karnataka :99458 63333

Chandigarh :(0172) 469 3333

Punjab :98153 31111

Chennai :(044) 6600 3333

Tamil Nadu / Pondicherry :98406 73333

Cochin :(0484) 408 3333

Kerala :98956 63333

Delhi & NCR :(011) 4151 4332

Hyderabad :(040) 6600 3333

Andhra Pradesh :99494 93333

Indore :(0731) 407 4332

Madhya Pradesh / Chhattisgarh :98936 03333

Jaipur :(0141) 500 3333

Rajasthan :98750 03333

Kolkata :(033) 2210 3838

West Bengal / Sikkim :98310 73333

Lucknow :(0522) 400 3333

Uttar Pradesh / Uttarakhand :99359 03333

Mumbai :(022) 2856 1818

Pune :(020) 6609 3333

Maharashtra (except Mumbai) / Goa :98906 03333

Patna / Bihar / Jharkhand :(0612) 223 3333

Assam / Orissa / Meghalaya / Tripura

(Toll-free from BSNL landline) :1800 345 3333

Jammu & Kashmir / Himachal Pradesh

(Toll-free from BSNL landline) :1800 180 4333

For more information Visite: HDFC Bank Education Loan

Education Loans for Students by Indian Bank >>