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