Any other expenses required to complete the course like study tours, project work etc. are also eligible.

Repayment will commence one year after completion of course or 6 months after securing a job, which ever is earlier.

5 -7Years

5-7 Years

5-7 years

Tangible collateral, security of suitable value of loan or third party guarantee

5-10 Years

Tangible Collateral, security of full Value of loan

A deposit of Rs. 2500 - 5000/- for education loan for studies abroad which will be adjusted in the margin money.

1st class marks in previous exams and selected for professional course

Repayment 1 year after completion of course or 3 months after getting a job whichever is earlier.

Maximum 15%, depending on the loan amount. 20% of the loan amount in case of abroad studies

The loans are to be repaid starting from 6 months after course completion or 1 year after getting a job

Graduate and post-graduate courses in engineering, computer technology, medicine etc. All vocational courses/job oriented diploma courses, recognised by govt and universities.Similar courses pursued in universities abroad. Full time post graduate research in any of the aforesaid subjects.

Should be a citzen of India . For vocational training courses and job oriented course age of the individual should be between 15-28 years,and 18-30 in case of post graduate courses and/or studies abroad.The applicant should have a good academic record.

The loan could vary depending on the specific subject requirement.For studies abroad Rs15 lakhs.For studies in India Rs 7.5 lakhs

Within 15 years from the first date of disbursement, including moratorium period

Offered for India at Undergraduate, Postgraduate for the duration of the course; not renewable. Subject: Unrestricted. (Only technical courses for which Reserve Bank of India clearance is available.

Open to applicants who have 60% minimum marks in basic qualification and who have confirmed admission in a university in the UK . Interview is required.

75% of the requirements of the course (maximum Rs. 10,00,000 for entire course), covering airfares, fees and maintenance.

Further information and application form can be had from Canara Bank, Head Office, Priority Credit Section; Credit Wing, 112 J C Road , Bangalore 560002, or any other branch of Canara Bank.

Purpose : Aims at bringing Education within the reach of students and help them improve their prospects in life.

For pursuing Post-Graduate course in Science, Technology, Medicine, Engineering, Management courses, Law, Accountancy leading to Master's degree or Post-Graduate Diploma in recognised University abroad.

Documents to be submitted

Marks list, Income proof of guardian, evidence for selection to the courses, copy of ration card, details of admissible expenses.

For job oriented professional technical courses offered by reputed universities.

Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings.

Margin may be brought in on year-to-year basis as and when disbursements are made on a pro-rata basis.

The loan to be repaid in 5-7 years after commencement of repayment. If the student is not able to complete the course within the scheduled time, extension of time for Completion of course may be permitted for a maximum period of 2 years. If the student is not able to complete the course for reasons beyond his control, Sanctioning Authority may, at his discretion, consider such extensions as may be deemed necessary to complete the course.

The purpose of the loan is to make available financial assistance to the needy and deserving students of bright academic record so as to enable them to continue higher studies in India or Abroad either in diploma/graduation or post-graduation level in Arts, Science, Commerce, Management, Medicine and Engineering.

Under this scheme the loan can be sanctioned to any student of Indian nationality who intends to join any of the approved courses in an Educational Institution recognised by the government or any University in India or Abroad.

Academic courses such as Diploma, Graduate/Post-Graduate courses in Arts, Science and Commerce etc.,

Professional courses such as Diploma, Graduate/Post-Graduate courses in Engineering, Medicine, Dental Science, Agricultural Science, Veterinary Science, Computer Science, Nursing, Pharmacy, Business administration, Law etc.,

The loan account shall be operated as a term loan. To facilitate flexibility in operation, future debits on account of recurring expenses in each semester/year can be made to this account.

The margin is NIL for courses in India. For foreign studies a minimum margin of 10% is to be insisted on.

The period of the loan consists of the period required for the completion of the course and that meant for repayment of the loan. The repayment should begin within 12 months on the completion of the course or after the student secures employment whichever is earlier.

HDFC gives loans to students to partly meet their educational expenses / costs for pursuing specific higher educational courses at institutes approved by HDFC. Loans are given to students who are citizens of India . The student should have a consistently good academic record, and admission to an approved Educational Institute for pursuing a recognized course.

Students enrolled with an approved Educational Institute and desirous of availing the education loan can make an application, with the earning parent / guardian being the co-applicant to the loan. Currently, new entrants and existing students of only select leading national educational institutions are eligible to apply for education loans. Please check with your nearest HDFC Office for the list of approved institutions.

Loans can be availed upto a maximum of 90% of the total cost as determined by HDFC. The costs would generally cover expenses incurred towards the course fee, library charges, hostel and mess charges, cost of books and equipment. HDFC lends upto a maximum of Rs. 2,00,000 on an Education Loan.

The period of the loan is determined on the merits of each case but would not exceed 5 years. The repayment can be accelerated on completion of the course, considering the earning capacity of the student. HDFC's main concern is to help individuals comfortably repay the borrowed amount.