Educational loans


Bank Type : Private Bank
No. Of Branches : 3251

About Bank

The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of RBI’s liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.

Loan Procedures


HDFC Bank Education Loans For Indian Education:

Enjoy triple benefits when you take an Education Loan from HDFC Bank:

Faster loan - Our loan sanction and disbursal is one of the quickest with easy documentation and doorstep service.

Competitive-pricing Our loan rates and charges are very attractive

Transparency -All charges are communicated up front in writing along with the loan quotation

Features and Benefits of Education Loan:

Focus on pursuing the course of your choice and securing a great education. Leave the hassles of documentation and finances of your Education Loan for Indian education to us. Here are a few features of the loan:

Amount limits: 

Get Education Loan upto Rs. 10 lakh and unsecured lending upto Rs. 7.5 lakh. No collateral will be required for loans upto Rs. 7.5 lakh

Wider collateral options: 

Are you securing a loan of a higher amount than Rs. 7.5 lakh? We offer a wide range of bank approved collateral securities like Residential Property, HDFC Bank Fixed Deposit, LIC, NSC or a KVP policy.

Loan Tenure: 

The maximum repayment tenure is upto 15 years post moratorium period.


You need to be a Indian resident

You should be aged between 16 - 35 years.

If you are taking a loan of more than Rs. 7.5 Lakh, a collateral security will be required.

Co applicant: 

A co-applicant is required for all full time courses. Here are a few points to be noted about co-applicants:

Primary Co-Applicants: 

Parents, Spouse, Siblings

Secondary Co-Applicants: 

Father-In Law, Mother-In-Law, Brother-In-Law, Paternal / Maternal Uncle / Aunt

Courses Eligibile:

Management Courses (Full-Time) – Graduation + Post Graduation

Engineering Courses ( Government + Private ) - Graduation

Medicine - Graduation + Post Graduation

Masters in Computer Application ( MCA / MCM )

Architecture - Graduation + Post Graduation

Hotel and Hospitality - Graduation + Post Graduation

Agriculture - Graduation + Post Graduation

Pure Science - Graduation + Post Graduation



HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg Lower Parel (W), Mumbai - 400 013.

91 - 22 - 6652 1000
91 - 22 - 2490 3168

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