Foreign Education Loan Eligibility

  • The borrower must be an Indian citizen.

  • Co-applicants must be Indian citizens.

  • Collateral may be required for specific cases.

  • Co-borrowers must have a bank account with cheque writing facilities in any Indian bank.

  • Confirmed admission in colleges is required before loan disbursement.

Borrowers and co-applicants must comply with HDFC Credila's credit and underwriting norms as applicable.

*Conditions apply. All education loans are subject to HDFC Credila's sole discretion.

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Read the most important Terms and conditions.

Disclaimer: Terms and conditions apply. Foreign Education Loan approvals are at the sole discretion of HDFC Bank Limited and are subject to documentation and verification as per the Bank's requirement. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates.

Frequently Asked Questions

Education Loan criteria for abroad studies includes the borrower must be an Indian citizen, and co-applicants must also be Indian citizens. In certain cases, collateral may be required. Additionally, co-borrowers must have a bank account with cheque writing facilities in any Indian bank. Before the loan can be disbursed, confirmed admission in colleges is required. Both borrowers and co-applicants must comply with HDFC Credila's credit and underwriting norms as applicable.

Secure a loan worth up to 65% of your property's market value and take advantage of HDFC Bank's generous loan amounts. Our loans come with the benefit of longer repayment tenures, allowing you more flexibility in managing your finances. Additionally, enjoy the advantage of attractive interest rates, making your loan more affordable and easier to repay. Choose our loans for a comprehensive and customer-friendly financing solution.

To apply for an HDFC Bank Education Loan for foreign study, you must be an Indian citizen. Additionally, your co-applicant or co-borrower must also be an Indian citizen, and both of you are required to meet HDFC Credila’s credit and underwriting norms applicable at the time of application.

For the HDFC Bank Education Loan, disbursement only takes place after your admission to a college or university has been confirmed. You must provide proof of confirmed admission before the loan amount is released, in accordance with HDFC Credila’s disbursal policies.

HDFC Bank offers education loans with no upper limit when you provide collateral. If you are unable to provide collateral, you may still be eligible for an unsecured loan of up to ₹45 lakh, subject to credit evaluation and approval by HDFC Credila.

For the HDFC Bank Education Loan, your co-borrower must be an Indian citizen with a bank account in any Indian bank that has cheque-writing facilities. The co-borrower is also required to meet HDFC Credila’s credit standards.

The HDFC Bank Education Loan supports over 950 courses across 35+ countries, including MS, MBA, and Executive Management programs. MBBS and MD are covered only for Indian institutions. Other programs are considered on a case-by-case basis by HDFC Credila.

With the HDFC Bank Education Loan, you can fund your studies at over 2,100 universities across 35+ countries. The wide coverage includes a broad spectrum of programs that meet HDFC Credila’s eligibility norms for education financing.

To be eligible for the HDFC Bank Education Loan, both you and your co-applicant must meet HDFC Credila’s credit and underwriting criteria. These include creditworthiness, collateral availability, income stability, and adherence to admission requirements at approved institutions.