Loading...

HDFC Bank

HDFC Bank Education Loan

  • 100% Collateral-free Funding
  • Competitive & Fixed Interest Rates
  • Minimal Documentation
  • Hassle-free Process

Free Education Loan Assistance from Top Education Loan Lenders in India.

Interest Rate Starting From 10.50%

Loan Amount Upto 1.5 Crore

Process Fees Up To 0.5% + Gst

How HDFC Bank Education Loan Abroad Works

Simple 7 Step Process to obtain an Education Loan

1
2
3
4
5
6
7
Available to Indian students aged 16 to 35.
The loan covers the full course cost, including travel, books, and accommodation.
A co-applicant (usually a parent or spouse) is required.
You can apply before or after getting your admission letter.
Loans can be secured (with collateral) or unsecured (without collateral).
Repayment starts after course completion + a grace period of 6–12 months.
HDFC overseas Education Loan can go up to Rs. 1.5 Crore without collateral, and higher with it.

HDFC Bank Education Loan for Abroad Studies

If you are planning to study abroad, you already know it can be expensive; tuition fees, living expenses, books, and travel all add up quickly. But that does not mean your dreams need to stop. That’s where Spoctree can help. We simplify your education loan for abroad study search by connecting you with multiple lenders in one place.

Features of Getting an Unsecured HDFC Bank Education Loan Abroad

  • Loan up to Rs. 50 lakh without providing any property or asset.
  • Simple paperwork – easy online or offline application.
  • Flexible tenure of up to 15 years for repayment.
  • Covers all costs – from admission to travel and living expenses.
  • Special rates for top universities across the world.
  • No hidden fees – all charges are clearly mentioned.
  • Tax benefit – claim interest paid under Section 80E of the Income Tax Act.

Benefits of Getting an HDFC Bank Education Loan Abroad from Spoctree

  • Instant comparison: See multiple lenders side by side—not just HDFC Bank.
  • SPOCBOT support: Ask your loan-related questions anytime, anywhere.
  • Local advisor help: Want human guidance? We’ve got experts ready.
  • Faster processing: We help you skip delays and get loan offers sooner.
  • 100% transparency: Know all costs upfront—interest rates, EMIs, and more.

Eligibility for HDFC Bank Education Loan Abroad

  • Must be an Indian resident aged between 16–35 years.
  • Should have secured admission to a recognised university abroad.
  • A co-applicant (parent, guardian, or spouse) is compulsory.
  • Should be applying for graduate, postgraduate or diploma courses in foreign countries.
  • Collateral may be required for higher loan amounts or depending on the university/course.

Interest Rate of HDFC Bank Education Loan for Studies in India and Abroad

Interest rates for HDFC Bank Education Loan for studies abroad start from onwards. Interest rate range for Education Loan for the period between April 2024 and March 2026:

Type of credit Maximum Loan Amount Interest Rate (p.a.)
HDFC Education Loan (India) Up to ₹30 lakhs 10.5% onwards
HDFC Education Loan (Abroad - Unsecured) Up to ₹45 lakhs 9% to 14.1%
HDFC Credila Education Loan Based on profile Varies case by case
Subsidy Loan (Govt. Scheme) Income below ₹4.5 lakhs 0% during moratorium
Processing Fees ₹1,000 or 1% of loan May vary by case
Note: The final rate depends on your academic profile, institution, and co-applicant’s income.

EMI Payment Methods for HDFC Bank Education Loan Abroad

  • Standing Instructions (SI): If you have an HDFC account, the EMI is deducted automatically.
  • Electronic Clearing Service (ECS): EMIs are auto-debited from any other bank account.
  • Post-Dated Cheques (PDCs): For those without ECS access—submit cheques in advance.
HDFC recommends SI or ECS as they are quicker and more reliable.

How to Apply for a HDFC Bank Abroad Education Loan?

  • Online Application: Visit HDFC Bank’s website or Spoctree to apply easily.
  • Offline Application: Walk into any HDFC branch with your documents.
  • Spoctree Advantage: Apply through Spoctree to compare offers, check eligibility, and get expert help—all in one place.
  • Documents Needed: Admission letter, ID proof, address proof, income proof, academic certificates, co-applicant’s financials, etc.
We also guide you with all the documents and step-by-step process so you don’t get stuck midway. If you are looking to fund your studies abroad, an HDFC Bank Education Loan for abroad is one of the most reliable choices, especially when supported by Spoctree. From low rates to less paperwork, you get everything you need to make your study journey stress-free. And with Spoctree by your side, comparing multiple Education Loan options becomes super easy. Start your application today and take one step closer to your global dreams!
Apply Now

Frequently Asked Question

HDFC Bank Education Loan interest rate starts around 9% and can go up to 14.1% depending on the student’s profile, loan amount, and university. Special rates are available for top-ranked institutions abroad.
Indian students aged between 16–35 years who have secured admission in a recognised international university are eligible. A co-borrower is mandatory, and academic background and financial strength impact approval chances.
Yes, HDFC offers quick processing, competitive interest rates, and high-value loans without collateral. It is a reliable option, especially when applying through Spoctree for a smoother and more transparent experience.
For a ₹5 lakh loan at an interest rate of 10%, with a 10-year tenure, your EMI would be approximately ₹6,600. The actual EMI depends on the rate and repayment term chosen.
No, a co-borrower (parent, guardian, or spouse) is mandatory for HDFC Education Loans, whether secured or unsecured. Their financial profile is considered during loan approval.
Yes, Indian students planning full-time undergraduate, postgraduate, or diploma courses abroad can apply for HDFC Bank Education Loans with a co-applicant and valid admission offer.
Yes, the processing fee is usually ₹1,000 or around 1% of the total loan amount. This may vary depending on your profile, university, and if the loan is through HDFC Credila.
Yes. You can reduce the total interest by starting part-payments during the moratorium, choosing a shorter repayment tenure, applying with a financially strong co-applicant, or negotiating better rates through Spoctree.