Features & Benefits –
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Student Loans Upto Rs. 15 Lakhs for education In India
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Unsecured Lending Upto INR 7.5 Lakhs
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No Collateral Or Third Party Guarantee**
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Wider Range Of Collateral For Loans Above INR 7.5 Lakhs
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Residential Property
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HDFC Bank Fixed Deposit
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LIC/NSC/KVP
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Loan available upto tenure of 7 years including moratorium period
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Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier)
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Loans available for short duration/ job oriented courses also
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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.
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Click here to view the income tax circular.
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E-mail loansupport@hdfcbank.com to receive interest certificate for FY 09-10.
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Loans available for other course related expenses also!
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Special privileges |
Eligibility |
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Service At Your Door Step |
You need to be a Resident Indian |
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Loans disbursed directly to the educational institution as Per the Fee Schdule. |
You should be aged between 16 – 35 yrs. |
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Insurance Protection from HDFC ERGO |
Collateral is required for all loans greater than Rs. 7.5 Lakhs. |
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Gateway To Other Banking Products And Services. |
All Loans require a co-applicant. For co-applicant eligibility |
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Savings Account |
For complete documentation |
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