HDFC Education Loan | Features Benefits Interest Rates | Apply

HDFC Education Loan: Compare and Choose Best Education Loans with lowest Current Interest Rates, Documents, Eligibility and Apply Online. With HDFC bankstudent 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 –
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!


Special privileges
Eligibility
Service At Your Door Step
You need to be a Resident Indian
Loans disbursed directly to the educational institution as Per the Fee Schdule.
You should be aged between 16 – 35 yrs.
Insurance Protection from HDFC ERGO
Collateral is required for all loans greater than Rs. 7.5 Lakhs.
Gateway To Other Banking Products And Services.
All Loans require a co-applicant. For co-applicant eligibility
Savings Account
For complete documentation click here

Click to Know – Fees and Charges



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.