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HDFC Bank
✓ YesUpdated 2026-09-01HDFC Bank Education Loan
HDFC Bank✓ Product information verified · 2026-09-01
Education finance with pricing based on institute category.
10.50% p.a.Interest Rate
—Maximum Loan Amount
—Repayment Tenure
Nil up to ₹7.5 lakh; 1% above ₹7.5 lakhProcessing Fee
Takes less than 2 minutes · Compare before you apply · Final approval depends on lender criteria
Best ForEligible higher-education students
Not Ideal ForGeneral personal expenses
Where It Stands OutCompare rate, total borrowing cost, amount, tenure, eligibility, security and prepayment terms together
▣Loan TypeEducation Loan
◉Interest Rate10.50% p.a.
▤Processing FeeNil up to ₹7.5 lakh; 1% above ₹7.5 lakh
◷Disbursal TimeVaries by lender
◈Tax BenefitCheck applicable rules
AT A GLANCE
Key details before you apply
Loan purposeLoan
Rate typeInstitute/profile based
Processing feeNil up to ₹7.5 lakh; 1% above ₹7.5 lakh
Interest rates, fees, eligibility and limits can change. Check the official lender terms before applying.
✓ Best For
- Eligible higher-education students
- Loan applicants who meet the stated criteria
× Not Ideal For
- General personal expenses
- Applicants whose requested amount or tenure falls outside scheme limits
★ Where It Stands Out
- Compare rate, loan amount and repayment tenure together
- Review security, margin and fees before applying
BENEFITS
Top benefits of HDFC Bank Education Loan
Preferential rates for eligible top-ranked institutions; nil processing fee up to ₹7.5 lakh.
DOCUMENTS
Documents required
KYC, admission/course documents, fee schedule, academic and co-applicant documents.
ELIGIBILITY
Who can apply?
Eligible students, courses and institutions; co-applicant criteria apply.
CALCULATOR
EMI Calculator
Estimated EMI₹0 / monthIndicative calculation only.
Official source: https://www.hdfc.bank.in/education-loan/interest-rates-and-charges · Last verified 2026-09-01