Loan US

Would you please tell about the features of education load offered by HDFC Bank for study in abroad or in USA ?

[Shaleen]

HDFC Bank offers overseas education loan, it offers a Customizing solutions for fulfill the need of finance for study in abroad.

Features of Educational Loan

Tax benefits under Section 80(E) of Income Tax Act of India

Get Education Loan home delivered

Flexible choices of repayment terms

Loan up to 100% of educational expenses. No margin money required

Flexibility on collateral security

Loan sanction before admission

Multi city co-borrowers accepted

Web enabled billing and servicing

Doorstep service

Preferential rates for top ranked universities/institutes

Eligibility :

Must be a Indian resident.

Aged :
16 - 35 years.

Collateral security is required.

Candidate must secure admission in a university / college in US .

Loan Processing Charges:
Up to 1.5% of the sanctioned amount plus applicable any taxes thereon.