You are here: Personal Banking > Loans > Educational Loans                                                 

Educational Loans
Features & Benefits
Eligibility
Fees & Charges
FAQs
Jeevan Suraksha
Apply Now
Educational Loans
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 %.

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

    Other Ways to apply :     *Conditions Apply

E-mail this page Print this page
Check Eligibility
Apply Now
Call Us
Visit a Branch
Write to us
Who is eligible for an Education Loan ?
Which courses can I take an Education Loan for ?
Is there any criteria for taking an Education Loan ?
Which expenses does the loan cover ?
Do I have to pay part of the fees ?
More...
Would like to benefit out of your securities without actually selling them?
HDFC Offers and Deals
Loans Query