Fees & Charges for Education Loan HDFC

HDFC Education Loan Fees and Charges: Compare Fees and Charges of HDFC Education loan online and Apply Online HDFC Education Loan.


Description of ChargesEducation Loan
Loan Processing ChargesUpto a maximum 2% of the loan amount
Prepayment (upto 6 months of repayment )No pre-payment permitted
Pre-payment charges (after 6 months of repayment)Upto 4% of the Principal Outstanding
No Due Certificate / No Objection Certificate (NOC)Nil
Solvency CertificateNot applicable
Charges for late payment of EMI@ 24 % p.a. on amount outstanding from date of default
Credit assessment chargesNot applicable
Non standard repayment chargesNot applicable
Cheque swapping chargesUpto Rs. 500/- per event
Loan Re-Booking / Re-Schedulement ChargesUpto Rs. 1000/-
Bounce Cheque ChargesUpto Rs. 450/- per Bouncing
Legal / incidental chargesAt actual
Stamp Duty & other statutory chargesAs per applicable laws of the state