Educational Loan at Lowest Interest Rates and Charges

All You Need To Know

TERMS & CONDITIONS

Enclosed below are HDFC Bank Education Loan for Indian Education Interest Rates & Charges

Here is an exhaustive list of all the fees and charges to be paid for the education loan:

Interest rates : As per Institute Category, Preferential rates for top ranked colleges and universities

Interest Rates	Starting from 9.50% p.a.
Loan Processing Charges*	Nil Processing fees for Domestic Cases Upto 1% for Abroad/Part Time/Special Initiative cases or Minimum Rs. 1000/- whichever is higher
Legal / incidental charges	At actual
Stamp Duty & other statutory charges	As per applicable laws of the state

Delayed instalment payment charge	@ 18% p.a. plus applicable government taxes on overdue instalment amount
Cheque / ACH swapping charges	NIL
Duplicate Repayment Schedule Charges	NIL
Loan Re-Booking / Re-Scheduling Charges	NIL
EMI Return Charges*	Rs. 450/-

Pre-payment charges*	NIL
Loan Cancellation Charges	Nil cancellation charges. However, interest for the interim period (date of disbursement to date of cancellation), CBC/LPP charges as applicable would be charged and Stamp duty will be retained

Min IRR	Max IRR	Avg IRR
9.00%	12.50%	10.92%

Min APR	Max APR	Avg APR
9.00%	12.58%	10.92%