HDFC Bank Study Abroad Education Loan upto Rs.45 lakh with no upper limit with collateral is available now. All the applicants can apply online for an HDFC Student Loan for study abroad. Study Abroad HDFC Student Loan is available as a Foreign education loan and applies to 2100 universities and 950 courses across 35+ countries. Check HDFC Student Loan for Abroad Study Eligibility, Documents Required, Interest Rate, and Other Updates from the post below.
HDFC Student Loan for Abroad Study
Get complete cost of education with no upper limit with collateral. If you are looking for an unsecured loan we can offer up to Rs 45 Lakhs. Students enrolled in MS, MBA, MBBS/MD – Only India Colleges, Executive Management Courses (Working Executives), and All Other Courses Cases to Case Basis can Apply Online For HDFC Student Loan 2024 now.
Check all the New Loan Policies of HDFC Education Loan for Study Abroad from www.hdfcbank.com Official Website. Only Indian citizens who have confirmed admission in the Selected 2100 universities and 950 courses across 35+ countries can Apply Online For HDFC Student Loan for Abroad Study.
Get to know the complete Eligibility Criteria for HDFC Bank Abroad Education Loan with Documents Required. Also, check the What will the HDFC Education Loan for Foreign Education Interest Rate? and Other information on HDFC Student Loan for Abroad Study from the post below.
HDFC Education Loan for Study Abroad
| Post For | HDFC Student Loan for Abroad Study |
| Loan By | Housing Development Finance Corporation (HDFC) Bank |
| Mode | Online / Offline |
| Loan For | Indian Students who are Studying Abroad |
| Most Used Study Loan | HDFC Credila Education Loan for Abroad Studies |
| Applicable at | 2100 universities and 35+ countries |
| Minimum Loan Amount | Rs. 45 lakh |
| Documents Asked | PAN Card, Passport, Marksheet/Certificate, Admission Letter, etc. |
| Interest Rate | 9 – 14 % (Check Table Below) |
| Course Included | 950 courses (Study Aboard) & MS, MBA, MBBS/MD Only India Colleges |
| Official Website | www.hdfcbank.com |
| Homepage | Check Here |
HDFC Bank Abroad Education Loan Eligibility
Who an Apply For HDFC Student Loan for Abroad Study? or What are the Eligibility Requirements to Apply Online For HDFC Bank Abroad Education Loan? Well, students can check the Eligibility from the terms & conditions of the Loan. Here are some key points of HDFC Education Loan for Foreign Education Eligibility.
- Both the Borrower Applicant and Co-applicants must be an Indian citizen.
- Co-applicants must have a bank account in any bank in India with chequewriting facilities.
- There should be confirmed admission to the colleges before disbursement.
- Both Borrower and Co‐applicant must meet HDFC Credila’s Credit and must underwriting norms as applicable from time to time.
- Get Conditions apply. All Education Loans from HDFC Credila. Credit at the sole discretion of HDFC Credila.
HDFC Education Loan for Foreign Education Interest Rate
| Loan Amount | ROI | Interest Amount | Effective Rate of Interest |
| Rs. 200,000 | 12.5% | Rs. 25,000 | 8.64% |
| Rs. 400,000 | 12.5% | Rs. 50,000 | 8.64% |
| Rs. 600,000 | 12.5% | Rs. 75,000 | 8.64% |
| Rs. 1,000,000 | 12.5% | Rs. 1,25,000 | 8.64% |
| Rs. 1,500,000 | 12.5% | Rs. 187,500 | 8.64% |
| Rs. 2,000,000 | 12.5% | Rs. 250,000 | 8.64% |
Steps To Apply Online For HDFC Student Loan for Abroad Study
- Visit the Housing Development Finance Corporation (HDFC) Bank Official Website i.e. https://www.hdfcbank.com/.
- From the home page Click on Borrow and Click on Educational Loan Option.
- Here go to Education Loan For Foreign Education and Click on the Apply Online option.
- Now check Features, Rates & Charges, Eligibility Criteria, and Documents Required.
- Click on the Apply Now option.
- In the new tab, the Loan Application Form will open.
- Enter all the details asked.
- Upload Documents asked.
- Click on Submit.
- Wait for Verification and Approval.
- After final approval, the Loan Amount is transferred to the Bank Account.
HDFC Education Loan for Study Abroad Required Documents
- Fully Completed and Signed Application Form
- Two Passport Size Photos
- Applicant and Co-Applicant Photo ID like PAN Card, Passport, Driving License, Aadhaar Card, etc.
- Applicant and Co-Applicant Residence Proof like PAN Card, Passport, Driving License, Aadhaar Card, etc.
- Academic Documents of Students like Marksheet/Certificate of 12th Exam, BE, BCom, BSc, etc.
- Printed Admission Letter
- Income Proof of Co-Applicant like Latest 3 Salary Slips or Salary Certificate, Last 2 Year’s Income Tax Returns, or Any Other Income Proof.
Things To Know Before Taking Education Loan for Study Abroad
Applicants must have checked the HDFC Student Loan for Abroad Study Interest Rate, Documents Required List, Eligibility Criteria, and Other Updates. Still, there are things which applicants must check before applying online for an Education Loan For Foreign Education. These Key points are listed below.
- Applicants must read all the terms and conditions of the Loan Scheme.
- Must fill out all the details correctly.
- Applicants should use the EMI Calculator before applying for the Loan.
- Now upload scanned documents asked.
- Must pay EMI at regular intervals of Time.
- Should check Emails and SMS of Loan EMI for alerts of Loans at regular intervals of Time.