Education Loans for Studying Abroad

Would you please give here detail about the Education Loan for Foreign Education offered by HDFC Bank ?

[Shaleen]

HDFC bank offers Education Loan for Foreign Education for higher study and technical education. This bank offers loan up to 100% of educational expenses.
[B]
Education Loan for Foreign Education:
Eligibility criteria:[/B]

Indian resident.

Age : 16 - 35 years.

Collateral security : Required

Co-Applicant: : Required for all full time courses

Documents Required :

Institute Admission Letter with fee break-up

SSC, HSC, Graduation mark sheets

Mark sheet of any entrance exam like GRE/GMAT/ TOFEL/IELTS

Age Proof

Signature Proof

Identity Proof

Residence Proof

Income Documents
Salaried

Latest 3 salary slips carrying date of joining details

Latest 6 months Bank Statement of the Salary Account

Latest 1 Year’s form 16 from employer along with 1 year income tax return

[B]
Self Employed[/B]

Last 2 Year ITR with Computation of Income

Last 2 Years Audited Balance Sheet

Last 8 Months Bank Statement

Proof of Turnover (Latest Sales / Service Tax Return)

Self Employed - Professional

Last 2 Year ITR with Computation of Income

Last 2 Years Audited Balance Sheet / P& L

Last 8 Months Bank Statement
[B]
Loan Processing Charges:[/B]
Up to 1.5% of the sanctioned amount plus applicable any taxes thereon.

C[B]ontact no.[/B]
HDFC bank
1800 425 4332