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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.

Who is eligible for an Education Loan?

An Indian Citizen/Resident who has secured admission in any of the graduate/post-graduate courses offered by college/institute/university recognized by UGC/AICTE/AIBMS/ICMR.

Which courses can I take an Education Loan for?


v      Management Courses ( Full-Time + Part Time ) - Post Graduation

v      Engineering Courses ( Government + Private ) – Graduation

v      Medicine - Graduation + Post Graduation

v      Masters in Computer Application ( MCA/MCM) - Post Graduation

v      Online / Distance Learning courses.

v      Fine Arts and Designing - Graduation + Post Graduation

v      Architecture – Graduation

v      Hotel and Hospitality - Graduation + Post Graduation

v      Agriculture - Post Graduation

v      Pure Science - Graduation + Post Graduation

v      B.A./B.Com/M.A./M.Com

v      Courses such as SAP, ERP , GNIIT etc.




Which expenses does the loan cover ?


v      Fee Payable to College/School/Hostel

v      Exam/Library/Lab fees

v      Caution deposit / Refundable deposit asked by the institution/Building fund - supported by Institution bills/receipts

v      Purchase of Books/equipments/instrument/uniforms

v      Travel expenses/passage money for studies abroad

v      Purchase of computers - essential for completion of the course

v      Insurance



Do I need to provide collateral for availing education loan?

For Loans Upto INR 7.5 Lakhs – NO – Nil Collateral nor Third-Party Guarantee

For Loans above INR 7.5 Lakhs- Yes, Any of the following wide range of collaterals

What is the quantum of the loan?

v       Studying in India - Max Rs. 15 Lakhs

v       Studying abroad - Max Rs. 20 Lakhs

Acceptable Collaterals

v      Residential Property.

v      HDFC Bank Fixed Deposit

v      LIC/NSC/KVP



Would the loan be disbursed in favour of the Institute?

1)Yes. Tuition & hostel fee will be disbursed directly to the educational Institute as per the schedule of fee given by the Institute/college (semester - wise/yearly).

2) Upto 10% of the loan sanctioned amount will be disbursed for personal expenses.



Do I have to pay any margin money (Own-Funding)?

Yes, loan applicant has to pay margin money ranging from 5-15 % of the total loan amount applied for courses in India & Abroad.



Is there moratorium/repayment holiday available?

Yes. A moratorium/repayment holiday is available for select courses for principal repayment only during the moratorium period.



Is there any kind of repayment that has to be made in the moratorium period?

Interest would have to be paid during the moratorium; the interest servicing would be of simple interest calculated on the loan amount disbursed payable monthly.



What is the moratorium period?

Repayment holiday/ moratorium would be for the course period + 1 year or 6 months after the student gets a job/start earning whichever is earlier.


What would be the mode of repayment?

Customer has the option of paying through standing instructions/ ECS/Post dated cheques.

What would be the tenure of the loan?

Maximum tenure of the loan can be 7 years including moratorium period.

Note: For any further information, please visit the nearest branch of HDFC Bank.

Apply For Loan
*  Name :
*  Address :
*  Phone No. :
*  Email :
*  School/College Name :
*  Purpose :
*  Loan Amount :
*  Period :



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