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| HDFC BANK EDUCATION LOAN |
Education Loan Eligibility Criteria of HDFC Bank
HDFC Bank offers Education loans to match all of your education funding needs and if you want to take the Education Loan from HDFC Bank, you must have passed at least class 12th of equivalent examination. HDFC bank offers study loan for study in India and abroad to bridge the gap between you and higher education.| Education Loan for Studies in India and Abroad Eligibility for Education Loan |
- Must be an Indian National
Eligible Courses for Education Loan
- Graduation, Post-graduation including technical / professional courses from recognized universities.
- Computer Certificate courses from reputed institutes accredited to department of electronics of institutes affiliated to university.
- Courses like ICWA, CA, CFA and courses conducted by IIM, IIT, IISc, XLRI, NIFT and courses approved by UGC / Govt. / AICTE / AIBMS / ICMR etc.
Expenses considered for Education Loan
- Free payable to college / school / hostel
- Payment of course fees
- Purchase of books / equipment/instruments / uniforms and computer / laptops
- Examination / Library / Laboratory fee
- Other expense that are required to complete the course - like study tours, project work, thesis, etc.
Quantqum of Finance
- Need based finance upto Rs. 15.00 lacs.
Security
- Upto Rs. 7.5 lacs - Nil
- Above Rs. 7.5 lacs: Wider range of collateral for loans
Repayment
Loan available upto tenure of 7 years including moratorium period. Repayment to start 1 year after course completion / 6 months after obtaining employment
Contact Details:
HDFC Bank Head Office
Ramon House,
5th Floor,169 Backbay Reclamation,
H T Parekh Marg, Churchgate,
Mumbai-400 020
Maharashtra-India
Phone : 22850032
Email : investor.helpdesk@hdfcbank.com