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 HDFC Bank - India (for Education Loan) |
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Bank Name: |
HDFC Bank |
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Study In: |
India |
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Type of Courses Eligible: |
CA,Commercial Pilot,Diploma/ Degree courses,Graduation courses,LLB,MBA,MBBS,Others,Post Graduation courses |
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Cost Covered: |
Fee payable to college/ hostel/ Examination/ Library/ Laboratory, Purchase of books/ equipments/instruments, Caution deposit/ building fund, Purchase of computer |
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Moratorium Period: |
1 year after course completion or 6 months after obtaining employment (whichever is earlier) |
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Interest Rate Type: |
Fixed |
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Interest Rate: |
12.0-14.0 |
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Processing Fee: |
1% of loan amount |
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Prepayment Charges: |
4% of principal outstanding |
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Collateral Description: |
Immovable property or fixed deposits upto 80% of the loan amount |
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Guarantor Description: |
Parents |
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Margin: |
5% |
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