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Education Loan

Invest in a brighter future.

Send yourself or your child to study in India or abroad. Cover tuition, living and travel — and pay only interest while studying.

Studies in India & abroad
Up to ₹1.5 crore
Moratorium while studying
Tax benefits u/s 80E
Calculate EMI
100% safe & confidential

Apply for Education Loan

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Loan amount
₹1.5 Cr
up to ₹1,50,00,000
Interest rate
9.5%
per annum onwards
Tenure
up to 15 yrs
after course
Processing fee
0–1%
often waived
Why this loan

Education without the money worry

Covers tuition, living, travel & equipment
Pay only interest during your course (moratorium)
Funding for India and overseas study
Tax deduction on interest under Section 80E
Collateral-free options up to a limit
Long repayment tenure after course completion
Indicative rates

Education Loan rates from HDFC Bank

Indicative only — your final rate depends on your profile, income and credit history. Final terms are set by the lender.

Lending partnerInterest rate (p.a.)Processing feeMax tenure
HDFC Bank9.50% – 12.5%Up to 1%15 yrs
EMI calculator

Know your EMI before you borrow

Slide to your amount and tenure. The total payable updates instantly — what you see is what you pay, all-in.

Estimate your EMI
Loan amount
Tenure
Monthly EMI
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Eligibility

Who can apply

Indian resident student with a confirmed admission
Co-applicant (parent/guardian) usually required
Admission to a recognised institution/course
Aged 18 years and above
Good academic record helps approval
Documents

What you'll need

Admission letter / offer from the institution
PAN, Aadhaar of student and co-applicant
Course fee structure and schedule
Income proof of co-applicant
Academic records (marksheets, test scores)
How to apply

Get your education loan in 4 simple steps

1
Share course details

Tell us the course, country and amount needed.

2
Get an offer

An expert calls with the loan amount, rate and moratorium terms.

3
Submit documents

Provide admission, academic and co-applicant documents online.

4
Sanction & disbursal

On approval, fees are disbursed to the institution as scheduled.

FAQs

Education Loan — common questions

Yes. Education loans cover recognised courses both in India and abroad, including tuition, living expenses, travel and study equipment.
It's the period during your course (plus a few months after) when you don't pay the full EMI — usually only simple interest. Full repayment begins after you finish studying.
Smaller loans are often collateral-free. Larger amounts, especially for overseas study, may require collateral or a guarantor. We'll explain the options for your case.
Yes. Interest paid on an education loan is deductible under Section 80E for up to 8 years. Consult a tax advisor for specifics.
Usually a parent or guardian with a stable income. The co-applicant's profile supports the loan during the study period.

Don't let funds limit a future

Check education loan eligibility in minutes. No obligation, no impact on your credit score.

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