Know everything about HDFC Bank Education Loan

HDFC offers various education loans to Indian students applying for admissions in Indian and foreign colleges.

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Some of the benefits of applying for an educational loan with HDFC Bank are listed on the next slide:

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- Low-interest rate - Less paperwork - Faster Disbursal - Hassle-free application process - No collateral Required

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The HDFC Education Loans are available in the following two variants: - HDFC Bank Education Loan - HDFC Education Loan for Abroad

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The HDFC Education Loan Interest Rate can be ranged between 9 – 14% for courses in India as well as abroad.

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The documents required for HDFC Education Loan are listed on the next slide:

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- Address proof - Identification card - Application form - Passport-size photographs - Admission Letter - Income proof of the guarantor

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- Collateral Security documents - GRE/IELTS/TOEFL/GMAT Score - 10th and 12th mark sheets - Latest 6 Months Bank Statement of the Salary Account. - Latest 2 Salary Slips carrying the date of joining details

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The three options for repaying an HDFC Bank education loan are as follows. - Standing Instruction (SI) - Electronic Clearing Service (ECS) - Post-Dated Cheques (PDCs)

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Click here to know more about HDFC Education Loan

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