"Company Tag Line Will Appear Here."

• Colour Photo
• ID-Proof - Pan Card / Driving License
• Residence Proof – Present & Permanent (Last paid Electricity Bill / Telephone Bill / Ration Card Xerox Copy)
• Bachelor – Rent Agreement Letter (if applicable)
• Last Year Mark sheet + S.S.C + H.S.S.C & Graduation (For Master Course)
• Total Year Expenses Proof / Schedule of expenses
• Copy of Passport / Visa if applicable
• Marriage Certificate (for Girl)
• Prospectus / Broacher of the Institution
• Undertaking on Stamp paper from the applicant that Educational Loan not availed from any other Bank.

• Colour Photo
• ID Proof – Pan Card / Passport / Voter ID
• Land line telephone bill (LATEST PAID ) / Post paid Mobile bill
• Residence Proof – (Permanent / Current, Local) Last paid Electrical Bill / Ration Card Xerox Copy
• Last 3 Months Salary Slip
• 6 Months Bank Statement
• Current Company H.R. Letter

• Colour Photo
• ID Proof – Pan Card / Passport / Voter ID
• Residence Proof – Self Own – Electrical Bill (LATEST PAID ) / Ration Card Xerox Copy
• Land line telephone bill (LATEST PAID ) / Post paid Mobile bill
• Shop Act License
• 6 months Bank Statement Of Personal Saving Bank A/C and Current Bank A/C
• ITR of 2 Years with Profit and Loss A/C and Balance Sheet

• Upto 4 Lacs - 12.50 %
• Above 4 Lacs - 13.50 %

• Student should be an Indian National.
• Should have completed previous qualifying examination.
• Secured admission to professional / Technical courses in India or Abroad through Entrance Test/Merit Based Selection process.
• Person already in gainful employment are not eligible for loan under the scheme except for pursuing evening course covered under the scheme of approved institute.

• Graduation Courses : BA, B.Com, B.Sc., etc.
• Post Graduation Courses : Masters & Phd. Professional Courses : Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer etc.
• Courses like ICWA, CA, CFA etc.
• Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
• Regular Degree/Diploma courses like Aeronautical pilot training, shipping etc., approved by Director General of Civil Aviation/Shipping, if the Course is pursued in India. In case the course is pursued abroad, the Institute should be recognized by the competent local aviation/shipping authority.
• Courses offered in India by reputed foreign universities./C
• Evening courses of approved institutes.
• Nursing/Teachers training courses for periods of one year & above from recognized colleges/institutes leading to Diploma/Degree.
• Other Courses leading to diploma/degree etc. conducted by Colleges / universities approved by UGC/Govt /AICTE /AIBMS/ ICMR etc.
• Courses offered by National Institutes and other reputed private institutions.
• Vocational Training and skill development study courses will not be covered under the model educational loan scheme, as the scheme is framed to provide Bank loans for higher studies.

• Graduation: For job oriented professional / technical courses offered by reputed universities.
• Post Graduation: MCA, MBA, MS etc.
• Courses conducted by CIMA - London, CPA in USA etc.

• Fee payable to college/school/hostel
• Examination/Library/Laboratory fee

• Fee payable to college/school/hostel
• Examination/Library/Laboratory fee
• Purchase of books/equipments/instruments/ Uniforms
• Caution deposit*
• Travel expenses/ passage money for studies abroad
• Purchase of computers - essential for completion of the course
• Any other expense required to complete the course - like study tours, project work, thesis etc.

1. The loan documents should be executed by both the student and the parent/guardian as joint-borrower.
2. The security can be in the form of land/building/ Govt. securities/Public Sector Bonds/Units of UTI, NSC, KVP, life policy, gold, shares/mutual fund units/ debentures, bank deposit in the name of student/ parent/ guardian or any other third party with suitable margin.
3. Wherever the land/building is already mortgaged, the unencumbered portion can be taken as security on second charge basis provided it covers the required loan amount with prescribed margin of 35%.
4. In case the loan is given for purchase of computer, the computer has to be hypothecated to the Bank.

1. 1% interest concession to be extended if the interest is serviced promptly as and when debited during the study period.
   
2. For SC/ST women borrower the ROI shall be 0.25% below the Card Rate.
   [H.O. Circular No.733/2008 dated 20.08.2008]
1. Simple interest to be charged during the Repayment holiday / Moratorium period
2. 1% interest concession may be provided for loanees if the interest is serviced as and when debited

Appraisal / Sanction / Disbursement 
The loan to be sanctioned as per delegation of powers preferably by the Branch nearest to the place of domicile of parents

• Loan Amount : up to Rs. 20 Lakhs
• Security :
• No security up to 7.5 lakhs.
• Students not meeting the HDFC Bank Credit criteria however may be required to furnish additional security as acceptable to HDFC Bank.
• Interest: A special rate of 13%
• Moratorium: The course period +1 year during which co-applicant will service simple interest.
• Repayment Period: The borrower/ student will have the choice of repayment in 12,24, 36 or 48 Equal Monthly Installments (EMI’s) after Moratorium
• EMI Per Lakh per Month:

Repayment Period	12 months	24 months	36 months	48 months
EMI / month	Rs.8,932/-	Rs.4,754/-	Rs.3,369/-	Rs.2,683/-

• Processing Charges: Nil
• EMI Per Lakh per Month:
• Mandatory – Parent / Blood Relations/ Spouse.
• The income documents of the co-applicant will be of primary consideration and must meet the required HDFC bank policy.