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HDFC Education Loans

HDFC Bank or Housing Development Finance Corporation Limited started its business in the year 1995 as a scheduled commercial bank. It is first Indian banks, which present education
loans to students willing to pursue higher education in India or out of the country. HDFC education loan is studies in India or foreign to fill the gap between you and higher education. HDFC bank education loan offers hassle free loan at smart interest rates. Bank gives loan for other course linked expenses also. The key feature of this bank is loan approval process is quick. HDFC gives students loans to students to partly meet their educational expenses / costs for pursuing particular higher educational courses at institutes accepted by
HDFC. Loans are given to students who are people of India. The student should have an always good academic record, and admission to an accepted Educational Institute for pursuing a recognized course. HDFC student’s loans interest rate are calculated on a monthly rest basis.

HDFC Bank Education Loan Scheme:

Features & Benefits

  • Loans upto Rs.15 Lakhs for learning in India and upto Rs.20 Lakhs for Education foreign.
  • Mode of interest are monthly rest basis.
  • Repayment to begin 1 year after course completion / 6 months after obtaining employment (whichever is earlier)
  • Loan offered upto tenure of 7 years including moratorium period.
  • Tax Benefits under Section 80E of the IT Act.
  • Hassle free loans and immediate approvals.
  • Loans available for other course related expenses also!
Eligible Courses:

The entitled courses for HDFC student loan are postgraduate and undergraduate courses in the fields of engineering, management, medicine, fine arts, computer applications and designing, hotel and hospitality, architecture and pure science. The other courses entitled for loans are air hostess training courses, distance learning programs, SAP, GNIIT and ERP. The institutes should be documented by proficient government body or even by AICTE.

Age: Anyone in the age group of 16-35 years can catch this loan.

Singhania University Admission 2010

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