Avail loans of up to ₹ 7.5 lakh without collateral From HDFC Bank For Student

Today I am going to Give a Brief description about Loans provided by HDFC bank For Students.

How much loan you can get from HDFC BANK?

Students can Get up to ₹ 30 lakhs as an education loan Also Avail of loans of up to ₹ 7.5 lakh without collateral deposit.

Interest rates of Student Loans from HDFC Bank?


Students can Get preferential rates for top-ranked colleges and universities From the range of 9.5 to 11 approx.

Tenure of Student Loans from HDFC Bank?

Loan repayment of Student Loans from HDFC Bank tenor up to 15 years 

“Moratorium” shall mean 

(1) Course Period + 1 year or 6 months after getting job, whichever is earlier;
(2) as stipulated by Bank (as mentioned in the Schedule Cum Key Fact sheet). 

“Principal Moratorium” shall mean a Moratorium granted only for repayment of the principal amount of the loan. 

“Interest Moratorium” shall mean a Moratorium granted for repayment of the principal 
amount of the Loan as well as payment of the interest payable on the Loan. 

Processing & approval of Student Loans from HDFC Bank?

Pay no hidden charges and experience a completely transparent process

Enjoy minimal and simple documentation

Loans will be directly disbursed to the institution based on its fee structure

Having the loan disbursed directly to the college is convenient
EMIs

Get pocket-friendly EMI repayment options to meet your needs from HDFC Bank?

Collateral options of Student Loans from HDFC Bank?

If you wish to take a loan higher than ₹ 7.5 lakh, you will need to provide collateral

You can choose from a wide range, including Residential Property, HDFC Bank Fixed Deposit

Tax benefit

Save on taxes with a rebate on the interest you pay on an education loan under Section 80-E of the Income Tax Act 1961

Insurance of Student Loans from HDFC Bank?

Get your loan insured by – Credit Protect from HDFC Life, what's more, the Insurance amount will be a part of the loan amount

Indian resident, between 16 and 35 years of age

Co-applicant is mandatory for all full-time programs – co-applicant could be parent/guardian or spouse/parent in law

Eligibility criteria of Student Loans from HDFC Bank?

The student should have secured admission to a higher education course in recognized institutions in India or Abroad through Entrance Test/ Merit Based Selection process
 
Approved courses leading to graduate/ post-graduate degree and P G diplomas conducted by recognized colleges/ universities recognized by UGC/ Government/ AICTE/ AIBMS/ ICMR etc. 

References and All other details are provided at the official website of HDFC bank Click here to Go







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Hello My Name Is Pranjal Nath, I am well qualified in information technology. i love to write articles, So my passion is blogging.

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