Subscription 
HDFC Bank-
Features & Benefits
- Loans upto Rs.15 Lakhs for Education in India and upto Rs.20 Lakhs for Education abroad#
- Unsecured Lending Upto INR 7.5 Lakhs
- No Collateral Or Third Party Guarantee**
Wider Range Of Collateral For Loans Above INR 7.5 Lakhs
- Residential Property
- HDFC Bank Fixed Deposit
- LIC/NSC/KVP
Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier)
- Loan available upto tenure of 7 years including moratorium period.
- Tax Benefits availaible under Section 80E of the IT Act *
- Hassle free loans and speedy approvals.
- Convenience of service at your doorstep.
- Loans available for other course related expenses also!
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
Fees and Charges:
| Description of Charges | Personal Loan |
| Loan Processing Charges | Upto a maximum 2% of the loan amount |
| Pre-payment charges | Upto 4% of the Principal Outstanding |
| No Due Certificate / No Objection Certificate (NOC) | Nil |
Solvency Certificate |
Not applicable |
| Charges for late payment of EMI | @ 24 % p.a. on amount outstanding from date of default |
| Credit assessment charges | Not applicable |
| Non standard repayment charges | Not applicable |
| Cheque swapping charges | Upto Rs. 500/- per event |
| Loan cancellation / re-booking charges / Re-scheduling | Upto Rs. 1000/- |
| Bounce Cheque Charges | Upto Rs. 450/- per Bouncing |
| Statement Charges (per statement) / Repayment Schedule | Upto Rs. 500/- |
| Legal / incidental charges | At actual |
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