HDFC Bank Education Loan

Compare and Choose Best Education Loans with lowest Current Interest Rates, Documents, Eligibility. 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. Compare Education Loan

Benefits of Educational Loan In India through HDFC Bank

Avail tax benefits under section 80(E) of income tax Act 1961
Flexible repayment options
Option to avail insurance cover for your loan
Repayment Period Upto 15 Years

What are the eligibility criteria?

You should be aged between 16 – 35 years
loan of more than Rs. 7.5 Lakh, a collateral security will be required.
Loan amount of Below No need for Collateral Security
A co-applicant is mandatory for all full time programs. Co-applicant could be Parent/ Guardian or Spouse (if married) / Parent-in-law (if married)

Features & Benefits:

Student Loans Upto Rs. 10 Lakhs for Education In India
Wider Range Of Collateral For Loans Above INR 7.5 Lakhs
You can get loan against Residential Property
You can get loan against LIC/NSC/KVP Policies
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.

Special privileges

Service At Your Door Step
Loans disbursed directly to the educational institution as Per the Fee Schdule.
Insurance Protection from HDFC ERGO
Gateway To Other Banking Products And Services.
Savings Account

Eligibility

You need to be a Resident Indian
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 co-applicant eligibility
Earn 1500 bonus Reward Points

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.