Education and Career Forum

Hello Everyone,
My son is studying BS in USA. He got admission and doing his first year. I have an NRI Account in HDFC Bank. I want to take education loan for my son in this account. I would like to know about the process of taking loan?

You need to show your sons letter of admission to the Bank as a document.
You also need to become the guarantor for the Loan amount that your son is applying for.
You also need to produce your IT Return for the last Financial Year as a document to the Bank.
Once you are able to do so your sons Loan will be sanctioned.
This is the process that must be followed to get an Educational Loan sanctioned.