.:: HDFC Bank ::.

With HDFC bank student 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.

Eligibility

You need to be an Indian National.
You should be aged between 16 - 35 yrs.
Collateral is required for all loans greater than Rs. 7.5 Lakhs.
All Loans require a co-applicant.
For complete details on eligible courses and other details

Fees & Charges for Educational Loan

Loan Processing Charges: Upto 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 Certificate: Not applicable
Charges for late payment of EMI: @ 24 % p.a. on amount outstanding from date of default
Credit assessment charges: Not applicable
Non standard repayment charges: Not applicable
Cheque swapping charges: Upto Rs. 500/- per event
Loan Re-Booking / Re-Schedulement Charges: Upto Rs. 1000/-
Bounce Cheque Charges: Upto Rs. 450/- per Bouncing
Legal / incidental charges: At actual
Stamp Duty & other statutory charges: As per applicable laws of the state


For more details : Click here