CBSE Compartment Result 2023 OUT: Click For Direct Link
August 3, 2023
Education Loan from HDFC Bank
Kapil G.
HDFC provides student education loans for all Graduate, Post-Graduate, Engineering, Medical, MBA , Vocational Courses (Multi-Media, ERP) offered by recognized institutions in India.
Loans for Education in India
Features and Benefits
- Student Loans Upto Rs. 15 Lakhs for education In India
- Unsecured Lending Upto INR 7.5 Lakhs
- No Collateral Or Third Party Guarantee**
- Wider Range Of Collateral For Loans Above INR 7.5 Lakhs
- Residential Property
- HDFC Bank Fixed Deposit
- LIC/NSC/KVP
- Loan available upto tenure of 7 years including moratorium period
- Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier)
- Loans available for short duration/ job oriented courses also
- Avail the tax rebate offered under section 80-e of the income tax act* 1961 for the entire interest. E-mail [email protected] to receive interest certificate for FY 08-09
- Loans available for other course related expenses also!
Eligibility
- You need to be a Resident Indian
- You should be aged between 16 – 35 yrs.
- Collateral is required for all loans greater than Rs. 7.5 Lakhs.
- All Loans require a co-applicant.
| 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 Re-Booking / Re-Schedulement Charges | 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 |
Loans for Foreign Education
HDFC provides student education loans for graduate, post-graduate, MBA, Medical , Engineering , Vocational courses offered by recognized universities in abroad.
For details on HDFC education loan, click here
Latest News
People Reading Now
CBSE Compartment Result 2023 OUT: Click For Direct Link
August 3, 2023
CSAB 2023: Special Round Registration Begins Today
August 3, 2023
