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Features & Benefits |
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Loans upto Rs.15 Lakhs
for Education in India and upto Rs.20 Lakhs for Education abroad# |
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Attractive interest rates. |
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Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier) |
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Loan available upto tenure of 7 years
including moratorium period. |
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Tax Benefits availaible under Section
80E of the IT Act * |
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Hassle free loans and speedy approvals. |
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Convenience of service at your doorstep. |
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Loans available for other course related expenses also!
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* Pls Check with your CA
# from Bank's approved list of Institutes
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Special privileges |
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Loans disbursed directly to the educational institution. |
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Loan to be released as per fee schedules
of institutes. |
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Exclusive Telegraphic Transfer facility
availaible for courses abroad. |
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Loans available for short duration/ job oriented courses also.
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Credit Shield |
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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.**
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*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 %.
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Just fill the Online Application Form and our representative will get in touch with you shortly.
Other Ways to apply :
*Conditions Apply
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