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You are here: Personal Banking > Loans > Student Loans For Indian Education         

Educational Loans
Features & Benefits
Eligibility
Fees & Charges
FAQs
Subsequent Loan Disbursements
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Educational Loans
With HDFC bank student education loans, pursue your dream higher studies without worrying for financial assistance. We provide student education loans for all Graduate, Post-Graduate, Engineering, Medical, MBA , Vocational Courses (Multi-Media, ERP) offered by recognized institutions in India. No more running from pillar to post for availing student loans! Our friendly sales managers will guide you in every step to make your dreams into reality.

Features & Benefits –Indian Education

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 amount paid towards your education loan.
Click here to view the income tax circular.
E-mail loansupport@hdfcbank.com to receive interest certificate for FY 09-10.
Loans available for other course related expenses also!

*Pls check with your CA.
# From Bank's approved list of institutes.
** Third Party Guarantee required for loans between Rs 4 lakhs to 7.5 lakhs.
Special privileges
Service At Your Door Step
Loans disbursed directly to the educational institution as Per the Fee Schdule.
Insurance Protection from HDFC ERGO
Gateway To Other Banking Products And Services.
            Savings Account
Insurance Protection from HDFC ERGO General Insurance Company Ltd
HDFC ERGO General Insurance Company Limited is a 74:26 joint venture between HDFC Limited, India’s premier Housing Finance Institution & ERGO International AG, the primary insurance entity of Munich Re Group.

HDFC ERGO focuses on providing the “Right Insurance Solution” for all. They offer customers complete range of general insurance products ranging from Motor, Health, Travel, Home and Personal Accident in the retail space and customized products like Property, Marine and Liability Insurance in the corporate space.

The organization has been expanding its presence across the country and is today present across 46 cities with 52 branch offices with an employee base of over 650 professionals. The company has a right balance of distribution channel comprising of Dealerships, Brokers, Retail and Corporate Agents, Bancassurance and Direct Sales Team.


*Conditions Apply

* Premium will be charged for this product. A transaction fee of Rs.500 will also be deducted at the time of disbursal. Pls note that service tax @ 10.30%(Inclusive of Education Cess) will also be charged on both the premium and the transaction fee.



  Apply Now
    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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