HDFC Bank Personal Loan for Education

Personal Loans ranging from Rs.25K to Rs.25L with a tenure starting from 6 months.

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Our Financial Institutions

  • HDFC Bank
  • ICICI Bank
  • Fullerton India
  • IDFC Bank
  • Ujjivan Small Finance Bank

Basic Eligibility Criteria

You're probably eligible for a Loan if you are

  • At Least 23 Years Old

  • Less Than 65 Years Old

  • Salary must be in your account

  • Minimum salary required Rs.15000/Month credit in bank

  • Minimum job experience / stability 6 months

Get HDFC Bank Personal Loan for Education at Aapka Bank

Education is one of the crucial aspects of a growing economy. Every child of the country deserves to get educated. The rising importance of education has made every person pay more attention to their child's education. But the high cost of education, whether in India or overseas, has made parents worry about their child's future. Keeping in mind the requirement of loan by the Indian parents for their child's education, HDFC has launched HDFC Bank education loan for its customers.

What is an Education Loan?

An education loan is a loan which banks or financial institutions grant so that the borrower can meet his or her educational expenses. There are various banks offering education loans under various education loan schemes to meritorious students so that they can study in renowned colleges or universities of India or abroad.  

Features of Education Loan

  • The education loan is granted to deserving meritorious students.
  • The interest rates are quite reasonable in this type of loan.
  • The terms and conditions are also flexible in education loans.
  • The documentation process is simple and minimal.
  • The students get a loan in real quick time.

HDFC Bank Educational Loan 

HDFC bank offers HDFC Bank educational Loans to its interested customers at quite attractive terms and conditions. It aims to satisfy every young individual's desires who dreams to pursue higher studies for a better future. This loan has the following features:  
  • The customer can avail of a loan up to the amount of Rs 20 lakhs in which he can avail money up to Rs 7.5 lakhs without any collateral security.
  • The interest rates are different depending on the rank of colleges and universities.
  • The repayment time for the loan amount is 15 years.
  • It charges no hidden charge on its loan.
  • The customers also get pocket-friendly EMI options.

Eligibility for the loan

  • The applicant should be an Indian resident.
  • He or she should lie in the age group of 16 to 35 years.
  • The applicant must have secured admission to the institute through a merit-based selection process or entrance test.

Documents Required

Apart from the application form, the following documents are required to submit:
  • Admission letter from the institute
  • Academic mark sheet
  • Age proof
  • Identity proof
  • Residence proof
  • Signature proof

Why choose Aapka Bank for HDFC Bank Personal Loan for Education?

Aapka Bank is a financial service provider that provides various financial products of recognized banks and financial institutions to its customers. We aim at providing loans for education purposes so that every child gets the chance to fulfill his or her dreams. Our loan services provide the following features:  
  • Our loan approval process is quick, with 100% customer satisfaction surety.
  • The documentation process is simple and minimal.
  • We provide necessary assistance in paperwork to our customers.
  • We provide various financial products of reputed banks and financial institutions to our customers.
  So, customers who want to apply for HDFC bank personal loan for education can do so by applying through Aapka Bank.