Purpose

HDFC offers loans to students to partially meet their educational expenses / costs for pursuing specific higher educational courses at institutes approved by HDFC. Loans are given to Indian nationals. To avail loan, student should have a constantly good academic record, and admission offer to an approved Educational Institute for pursuing a recognized course.

Eligibility

Students enrolled with an approved Educational Institute and desirous of availing the education loan can make an application, with the earning parent / guardian being the co-applicant to the loan.

Amount of Loan

Loans can be availed up to a maximum of 90% of the total cost as determined by HDFC.

Period of the Loan is determined on the merits of each case but would not exceed more than 5 years.

Rate of Interest :

Loan Amount (Rs.)	Rate of Interest - % p.a.
Up to 2,00,000	14.0

For updated information please visit HDFC Bank