Hdfc education loan

Author: t | 2025-04-25

HDFC Credila Loan Scheme. Education Loan for students pursuing higher education in Abroad. HDFC Education Loan Rate of Interest. HDFC Bank Education Loan is extended to students HDFC Education Loan in India. All about HDFC education Loan and eligibility of education loan for Foreign education and Indian Education loan from the bank o

Hdfc education loan: Baring EQT set to buy HDFC's education loan

Window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'AW-16447957357'); --> HDFC Credila - Education LoanNBFCs Loan Margin: NA Collateral Needed ⚡7 working days avg loan processing time We Fund Your Future Guarantee Quick Loan Sanctions 100% Transparency No Hidden Fees 24x7 Support Features Eligibility Benefits How to Apply Documents Loan Repayment FAQs Features Of HDFC Abroad Education LoanHDFC Credila Financial Services, India’s first specialist education loan lender, offers education loans under the name HDFC Credila Education loan for students wishing to study abroad at over 1000 universities in at least 35 countries. What distinguishes HDFC Credila is its personalised education loan options that take into account the applicant’s course and country preferences. Students who want to study in the country or abroad can get an education loan from HDFC Credila, a subsidy firm of HDFC Limited. HDFC Credila, the country’s first dedicated education loan lender, offers income tax advantages under Section 80E of the Income Tax Act. You can borrow up to 100% of your educational expenditures.HDFC Credila acknowledges that the work we do at We Fund Your Future is consistent with the company’s mission and objectives. The collaboration between HDFC Credila and We Fund Your Future is a new ray of hope for students looking for low-cost education loans to study abroad as soon as possible and in the most convenient way imaginable.FeaturesEducation Loan DetailsLoan amountUpto ₹50Lac (Without Collateral)Exceptional cases – up to 1 Crore.Margin moneyNilInterest rateThe HDFC Credila education loan interest rates and charges are mentioned below:1. Rate of Interest – The interest rate is a floating rate related to HDFC Credila’s Benchmark Lending Rate (CBLR). CBLR is currently 12.55% per annum.2. Processing Fee – 1.0% to 1.2% of Loan Amount3. Pre-payment charges – Every fiscal year, the borrower has the option to pay up to 25% of the starting principal due without incurring any fees.Processing fee1.0% to 1.2%Processing time12 Working DaysLoan tenure14 YearsPrepayment chargesNilRepayment holidayInterest to be paid during the moratorium period.EMI starts after the completion of course + 6 months.Countries coveredHDFC Credila offers abroad education loans to study in over 35+ different countries across the world including the USA, Canada, the UK, Germany, Australia, Singapore, France, etcPayment study periodYes, simple interest.For selected good profile, partial interest repayment available. HDFC foreign Education Loan EligibilityYou are eligible to apply for the HDFC student loan only if you’ve met the following requirements:TypeRequirementEligibility Criteria For HDFC Credila Education LoanYou are eligible to apply for the HDFC student loan only if you’ve met the following requirements:For the borrower –1. The student applying for the Education Loan should be an Indian citizen, 18 years old or above.2. The student should be enrolled in a recognised institution as a full-time

Foreign Education Loan - Education Loan for - HDFC Bank

Of an education loan is made up of the duration of the study + the grace period after the study + the repayment period.The highest tenure offered by HDFC Credila is 12 years.The loan tenure, however, is subject to considerations such as the customer’s repayment capacity, the course’s future prospects, the age of the co-applicant, and so on, as well as HDFC Credila’s credit and underwriting norms as they apply from time to time. However, HDFC Credila would make every effort to tailor the payback time to your needs.The monthly repayment amount will be debited from the borrower’s/co-bank borrower’s account via the Electronic Clearing System (ECS) Loan Amount: 1600000 Interest Rate (%): 15 Loan Duration (years): 10 Loan Details Monthly EMI: 0 Principal Amount: 0 Total Interest: 0 Total Amount: 0 What our Students say about us Frequently Asked QuestionsDoes HDFC Education Loan cover 100% cost of education?Yes, the HDFC Credila education loan covers the entire cost of your international education.What is the HDFC Education Loan interest rate?Various factors influence the HDFC Education Loan interest rate, the HDFC Education loan interest rate ranges from 11% to 12.5%.How long does it take for the HDFC Education Loan to get approved?Following the documentation, approval takes about 3-4 working days.Is the interest paid on the HDFC Education Loan tax deductible?Yes, under Section 80-E of the Income Tax Act, one can deduct interest paid on an education loan.What is the time frame for the Disbursement?The loan application will be processed in two phases: One is for in-principle sanction & other is for disbursement of funds. The in-principle sanction letter would be issued within 7 to 10 days after the customer’s receipt of the completed Application Form and supporting documentation. Similarly, the distribution would be completed within 7 days after receipt of all post-sanction documents from the customer and completion of the underlying post-sanction process.How do you decide on the repayment period?The duration of the payback periods is often determined by the bank’s assessment of the student’s projected earning capacity and the risks associated with extending a certain loan. HDFC Credila Education loan repayment starts as soon as they land a job. At the beginning of their professions, however, they can find higher EMIs (caused by shorter repayment periods), particularly difficult. In order to assist with a seamless transfer for students from the campus to the workplace, HDFC Credila provides extended tenure. By doing this, individuals can begin their working careers with good credit histories that will enable them to obtain additional loans in the future.

HDFC Education Loan - Check Loan Details

Home PAY Cards, Bill Pay Money Transfer To Other Account To Own Account UPI (Instant Mobile Money Transfer) IMPS (Immediate Payment 24 * 7) RTGS (Available 24 * 7) NEFT (Available 24 * 7) RemitNow Foreign Outward Remittance Remittance (International Money Transfers ) Religious Offering's & Donation RemitNow (For Expat) Forex Services for students Pay your overseas education fees with Flywire ESOP Remittances Visa CardPay Cards Credit Cards Debit Cards Prepaid Cards Forex Cards Millennia Cards Commercial Credit Cards Business Credit Cards Loan on Credit Card Pixel Credit Card Bill Payments Smart Pay Merchant SI Biller Categories Electricity Bill Payment Mobile Post-Paid Insurance Premium Telephone-Landline Gas Water Magazine Subscriptions HDFC Bank Credit Card Bill Payment Rent Payment Club Membership Other Bank Credit Card Bill Mutual Fund Installment Visa Bill Pay Recharge Broadband & Data Card Mobile Pre-Paid Recharge DTH Recharge Payment Solutions Taxes Payzapp FASTAG MyCards Cash, cheque, Demand Draft Loan Repayment Education Fees Donations Stay Secure DirectPay PFMS_ePA SAVE Accounts, Deposits Accounts Savings Accounts Salary Account Current Accounts Rural Accounts PPF Account Online Garv Pension Saving Account Savings Account Interest Rate Merchant Services Deposits Fixed Deposit Non withdrawal Deposits Fixed Deposit Interest Rate Recurring Deposit My Passion Fund Safe Deposit locker Trade On Net High Networth Banking Broker Services Wealth Imperia Preferred Classic Vishesh Prime INVEST Bonds, Mutual Funds Demat Open Demat Account Corporate Demat Accounts Already have a Demat and Trading Account Hdfc Sky Bonds & Securities Savings Bonds Sec-54 EC Capital Gains Bonds Sovereign Gold Bonds RBI Floating Rate Savings Bonds 2020 (Taxable) Mutual Funds (ISA) InvestNow (By HDFC Securities LTD) Equities and Derivatives IPO Application Through ASBA IPO-Application Recommended Portfolio Equity and Debt Mutual Funds HDFC Bank Research - Reports Protect Life And Grow Wealth Smartwealth Secure Children's Future Deposits National Pension System Gold Monetisation Scheme BORROW Loans, EMI Your Loans Popular Loans Personal Loan Paperless Personal Loan Home Loan Business Loan Doctor Loan New Car Loan EV Car Loan Two Wheeler Loan EV Bike loan Super Bike Loan Educational Loan Pre-owned Car Loan EasyEMI FlexiPay: Buy Now, Pay Later Your Loans Against Securities Loan Against Assets Loan on Credit card SmartEMI Gold Loan Loan Against Securities Digital Loan Against Mutual Funds Loan Against Property Loan Against Car Other Loans jansamarth portal Emergency Credit Line Facility Loan for Professionals Government Sponsored Programs PM Mudra Yojana Stand Up India Scheme Manage your loan account Sustainable Livelihood Initiative. HDFC Credila Loan Scheme. Education Loan for students pursuing higher education in Abroad. HDFC Education Loan Rate of Interest. HDFC Bank Education Loan is extended to students HDFC Education Loan in India. All about HDFC education Loan and eligibility of education loan for Foreign education and Indian Education loan from the bank o

HDFC Education Loan 2025: Loan Schemes

Might be a co-borrower/guarantor. He or she must have an NRI account and, most significantly, the collateral must be in India for him or her to be the co-borrower/guarantor. In both circumstances, you’ll need an extra co-borrower.Income Tax BenefitsIf you take up an HDFC Credila Education Loan, you will be eligible for tax benefits under section 80-E of the Income Tax Act on the interest you pay for the loan.Pre-admission Education Loan SanctionThe HDFC Credila Education Loan has a unique characteristic in that it can be sanctioned even before you receive your acceptance letter! Credila takes your GRE score into consideration in order to do so. If you apply for an HDFC Credila Education Loan with We Fund Your Future, you can be certain that we will manage the whole procedure for you. You will be able to devote all of your attention to writing your college application and preparing for entrance interviews in this manner.HDFC Education Loan benefits are profitable not only for students but also for their parents. Let us see some of the prime benefits of the HDFC Education Loan.Benefits for StudentsApproval Prior to Admission: Get an HDFC Education Loan approval letter from HDFC Credila prior to admission so you don’t have to downsize your dreams!Funding Sources for USA I-20: HDFC Credila’s Education Loan acceptance letter demonstrates reliable sources of cash for obtaining I-20s from US universities or visas for a variety of nations.Complete Cost Coverage: HDFC Credila supports the complete cost of your education, including living expenses and all other charges, easing your financial problems.Benefits for ParentsTax Benefits: HDFC Education Loans provide income tax benefits under Section 80E of the Income Tax Act of India.HDFC is a reliable company: Credila is a subsidiary of HDFC Limited, a well-known company in the financial services business. HDFC bank education loan is reliable & recognized.Loans of up to 100% of educational expenses are available: There is no need for margin money. You do not have to sacrifice your child’s education quality because of increased payments.Convenience: Education Loans are delivered to your door, eliminating the need to visit bank locations many times.Flexibility: Flexibility in terms of collateral security. There are longer and more flexible repayment alternatives available.Benefits Of Applying through We Fund Your FutureHigher Chance Of ApprovalBy applying for your education loan through We Fund Your Future, you are increasing your chances of approval. Generally, banks dismiss applications if they find any missing documents, property issues, or any other problem. With We Fund Your Future, we will immediately reach out to HDFC Credila officials and find the best solution.Online Submission Of DocumentsWith We Fund Your Future, you can submit all the required documents from home! There won’t be any need

HDFC Educational Loan for Indian Education - Policybazaar

Home HDFC Credila Education loans HDFC Credila Education Loans For Abroad Study in Hyderabad HDFC Credila is a specialized education loan provider in India. It is a subsidiary of HDFC Ltd., one of the leading financial institutions in the country. HDFC Credila focuses exclusively on providing loans for education purposes, catering to the financial needs of students aspiring to pursue higher education in India or abroad.HDFC Credila is a great company. There is a reason that HDFC Credila is a leader in the field of Education Loans. They make it easy to work with them! Key Features of HDFC Credila education include Customized Loan Solutions HDFC Credila offers tailor-made loan solutions to meet the specific needs of students, covering tuition fees, living expenses and other related costs. Wide Range of Courses and Institutes The loans are available for various academic courses and institutes, both in India and Overseas. This includes undergraduate and Postgraduate programs as well as professional courses. Flexible Repayment Options HDFC Credila provides flexible repayment options, taking in to account the future earning potential of the student. Comptetive Interest Rates The interest rates offered by HDFC Credila are competitive and vary based on factors such as the loan amount, profiles of the customers, course, collateral and repayment period.The Rate of Interest for Secured Loans starts from 10.25% to 10.50 %, While for Unsecured Loans, it starts from 11% to 12.50% Quick Approval and Disbursement The loan approval process is designed to be efficient, and disbursement of funds is done in a timely manner to ensure that students have access to the necessary funds when required. Collateral -free Loans In many cases, HDFC Credila offers loans without requiring collateral. This can be advantageous for students who may not have significant assets to pledge as security. The Advantages of using

Education Loan for Higher Education - HDFC Credila

Credit: ThinkStockNearly 18 months after private equity firms EQT and ChrysCapital bought out HDFC Bank from HDFC Credila Financial Services, the education finance company has pre-filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The pre-filed DRHP does not necessarily mean that the lender will undertake the offer, the company said in a newspaper notice. A report in Moneycontrol had mentioned that the total amount raised through the IPO may be as high as Rs 5,000 crore. A consortium of EQT and ChrysCapital had acquired around 90% stake in the erstwhile HDFC Credila for $1.15 billion when HDFC’s merger with HDFC Bank, required reducing their shareholding in the company to less than 10%. The consortium was to also make fresh investment of around Rs 2000 crore in Credila Financial Services. They also recently brought on board South Korea’s Shinhan Bank that invested $180 million (Rs 1,505 crore) in the company, also giving it a bump up in valuation. As of March 31, EQT held 72.01% stake in Credila Financial Services, ChrysCapital Group held 18%, and HDFC Bank held the remaining 9.99%. Founded by Ajay and Anil Bohora in 2006, HDFC Credila is the largest non-bank lender in the education loan segment. The company specialises in overseas education loans. The Bohora brothers left their executive roles and moved on from the company in 2019, when HDFC bought a 100% stake in the company. The company’s bottomline rose 92% to nearly Rs 529 crore in FY24 due to the growth in the loan book. The disbursements rose 76% to Rs 14,089 crore in the year under review. Get daily update with our newsletter Subscribe Now !. HDFC Credila Loan Scheme. Education Loan for students pursuing higher education in Abroad. HDFC Education Loan Rate of Interest. HDFC Bank Education Loan is extended to students