Facets of Taking an Education Loan for Studying Abroad | How to Get an Education Loan - HDFC Sales
- 4 years ago
Facets of Taking an Education Loan for Studying Abroad:
What will your Education Loan cover?
1. Tuition Fees
2. Examination Fees
3. Boarding/Lodging/Commuting
4. One return ticket between India & the country of study
Eligibility criteria for HDFC Education Loan:
Primary Factors:
1. You & your co-applicant need to be a citizen of India & above 18 years of age
2. Your co-applicant should have a bank A/c in India with cheque book facility.
3. Admission to be confirmed before disbursement of your Education Loan
Secondary Factors:
1. The applicant's academic background
2. Credentials of the university you applied to
3. Nature of the course you applied for
4. Your & co-applicant's credit history
HDFC Education Loan details:
1. Minimum Loan amount: ₹1,00,000/-
2. Maximum Loan amount: No Maximum amount
3. Maximum rate of interest: 14%
4. Collateral Security: Flexible
5. Income tax benefits for a total of 8 years
Documents required for a HDFC Education Loan:
1. Application form duly filled
2. Passport size photo of applicant & co-applicant
3. Photo ID
4. Proof of residence
5. Proof of admission (if available)
6. Co-applicant's proof of income
7. Co-applicant's bank statement (last 8 months)
8. Other relevant documents (if required)
HDFC Student Loan Repayment Terms:
1. Simple interest can be paid during course period
2. Principal & EMI can be paid after the grace period
3. Entire loan can be paid over a period of 12 years
4. Repayment period can be extended over genuine reasons
Apply for your Education Loan today!
Visit us at www.hdfcsales.com.
If you have any questions regarding our services or the contents of this video, feel free to leave a comment below or reach out to us through the contact form on the following page:
https://www.hdfcsales.com/contact-us
How to get an Education Loan
Education Loan Process
Education Loan for Abroad
Education Loan for Studying Abroad
Education Loan for Indian Students
Study Abroad Education Loan
Education Loan for Higher Studies
Education Loan for Foreign Studies
Applying for Education Loan
Education Loan for Foreign students
Education Loan without Collateral
What will your Education Loan cover?
1. Tuition Fees
2. Examination Fees
3. Boarding/Lodging/Commuting
4. One return ticket between India & the country of study
Eligibility criteria for HDFC Education Loan:
Primary Factors:
1. You & your co-applicant need to be a citizen of India & above 18 years of age
2. Your co-applicant should have a bank A/c in India with cheque book facility.
3. Admission to be confirmed before disbursement of your Education Loan
Secondary Factors:
1. The applicant's academic background
2. Credentials of the university you applied to
3. Nature of the course you applied for
4. Your & co-applicant's credit history
HDFC Education Loan details:
1. Minimum Loan amount: ₹1,00,000/-
2. Maximum Loan amount: No Maximum amount
3. Maximum rate of interest: 14%
4. Collateral Security: Flexible
5. Income tax benefits for a total of 8 years
Documents required for a HDFC Education Loan:
1. Application form duly filled
2. Passport size photo of applicant & co-applicant
3. Photo ID
4. Proof of residence
5. Proof of admission (if available)
6. Co-applicant's proof of income
7. Co-applicant's bank statement (last 8 months)
8. Other relevant documents (if required)
HDFC Student Loan Repayment Terms:
1. Simple interest can be paid during course period
2. Principal & EMI can be paid after the grace period
3. Entire loan can be paid over a period of 12 years
4. Repayment period can be extended over genuine reasons
Apply for your Education Loan today!
Visit us at www.hdfcsales.com.
If you have any questions regarding our services or the contents of this video, feel free to leave a comment below or reach out to us through the contact form on the following page:
https://www.hdfcsales.com/contact-us
How to get an Education Loan
Education Loan Process
Education Loan for Abroad
Education Loan for Studying Abroad
Education Loan for Indian Students
Study Abroad Education Loan
Education Loan for Higher Studies
Education Loan for Foreign Studies
Applying for Education Loan
Education Loan for Foreign students
Education Loan without Collateral