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Purpose
HDFC gives loans to students to partly meet their educational expenses /
costs for pursuing specific higher educational courses at institutes approved
by HDFC. Loans are given to students who are citizens of India. The student
should have a consistently good academic record, and admission to an approved
Educational Institute for pursuing a recognized course.
Eligibility
Students enrolled with an approved Educational Institute and desirous of
availing the education loan can make an application, with the earning parent
/ guardian being the co-applicant to the loan. Currently, new entrants and
existing students of only select leading national educational institutions
are eligible to apply for education loans. Please check with your nearest
HDFC Office for the list of approved institutions.
Amount of loan
Loans can be availed upto a maximum of 90% of the total cost as determined by
HDFC. The costs would generally cover expenses incurred towards the course
fee, library charges, hostel and mess charges, cost of books and equipment.
HDFC lends upto a maximum of Rs. 2,00,000 on an Education Loan.
Period of loan
The period of the loan is determined on the merits of each case but would not
exceed 5 years. The repayment can be accelerated on completion of the course,
considering the earning capacity of the student. HDFC's main concern is to
help individuals comfortably repay the borrowed amount.
Interest Rate
Loan Amount upto Rs.2,00,000: 14% p.a.
Contact
Delhi Tel: 6103146, 6185944
Bangalore Tel: 2274600, 2219473
Chennai Tel: 8553838
Hyderabad Tel: 3233875
Kolkata Tel: 2478256
Mumbai Tel: 2820282
For any further query you are free to
contact us.
NEW FLIGHT SERVICES
108 # Ambikapuri Extension Airport Road
Indore 452005 M.P. INDIA
Tel: +91-731-4044650 +91-731-6450535 +91-731-6452650
Mobile 093295
06427 / 93000 32375
Fax: +91-731- 4044650
Web:
http://www.newflight.in,
Email: newflights@rediffmail.com,
office@newflight.in,
Online Assistance:
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