Education and Career Forum

Hello, I am interested to apply for an education loan in HDFC Bank for studying MBA course in Abroad. After searching alot I didn’t understood about Collateral Security. Can I know about this Collateral Security of Education Loan in HDFC Bank?

Originally Posted by Unregistered

Hello, I am interested to apply for an education loan in HDFC Bank for studying MBA course in Abroad. After searching alot I didn’t understood about Collateral Security. Can I know about this Collateral Security of Education Loan in HDFC Bank?

Collaterals required for getting education loans above Rs 7.50 Lakhs in HDFC Bank to study MBA in abroad universities are given below:

Students can provide any one of the acceptable collaterals given below:

HDFC Bank Fixed Deposit

Residential Property

LIC / KVP / NSC

The applicant’s parent should also execute the documents as joint borrowers.

HDFC Bank education loan scheme website link is given https://www.hdfcbank.com/personal/faq/faq-inner/gts8minu-gts8mipm-gts8mipn