Education Loan for Foreign Education Fees & Charges

The HDFC Education Loan for Foreign Education Rates & Fees are as follows:

Description of Services	Charges in Rupees
Pre-payment charges	Nil
No Objection Certificate (NOC)	Nil
Delayed Payment Charges *	@ 2 % per month of instalment ( MI/PMII)+ applicable taxes thereon
Statutory CERSAI charges	As per charges levied by CERSAI.
Cheque or ACH mandate or Direct Debit swapping charges*	Up to Rs.500/- per swap instance plus applicable taxes thereon
Cheque/ACH/Direct Debit Bouncing Charges*	Rs. 400/- per dishonor of cheque or ACH or Direct Debit return per presentation plus applicable any taxes thereon
Legal / incidental charges	At actual
Stamp Duty and other statutory charges	As per applicable laws of the state
Manual Collection Charges*	Rs. 200/- per visit plus applicable any taxes thereon
Charges for Updating & Handling Loan Account As Per Customer Request*	Rs. 1,500/- plus applicable any taxes thereon
Origination Fees	1.5% + Taxes of the Sanction Amount & is Non-Refundable

Education Loan Amount (Rs.)	ROI	Interest Amount (Rs.)	Yearly Tax Savings (Rs.)	Effective Rate of Interest
200,000	12.5%	25,000	7,725	8.64%
400,000	12.5%	50,000	15,450	8.64%
600,000	12.5%	75,000	23,175	8.64%
1,000,000	12.5%	1,25,000	38,625	8.64%
1,500,000	12.5%	187,500	57,938	8.64%
2,000,000	12.5%	250,000	77,250	8.64%

​​​​​​​Disclaimer :

This interactive does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. HDFC Bank Ltd. or any of its affiliates/group companies shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the interactive.

This interactive is provided by assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient/ user of this interactive should make such investigation as it deems necessary to arrive at an independent decision while making an investment and should consult his own advisors to determine the merits and risks of such investment. The investment discussed or views expressed may not be suitable for all investors. We and our affiliates, group, companies, sales staff, financial consultant, officers,directors, and employees may have potential conflict of interest with respect to any recommendation and related information and opinions.

This information is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. This report is not directed or intended for disbibution to, or use by, any person or entity who is a citizen or resident of or located in any bcafity, gate, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject HDFC Bank Ltd and affiliates/ group companies to any registration or licensing requirements within such jurisdiction.

The distribution of this interactive in certain jurisdictions may be restricted by law, and persons in whose possession this interactive comes, should inform themselves about and observe, any in whose possession this interactive comes, should inform themselves about and observe, any such restrictions. The information given in this interactive is as of the date of this report and there can be no assurance that future results or events will be consistent with this information.

This information is subject to change without any prior notice. HDFC Bank Ltd reserves the right to make modifications and alterations to this statement as may be required from time to time. However, HDFC Bank Ltd is under no obligation to update or keep the information current. Neither HDFC Bank Ltd nor any of its affiliates, group companies, directors, employees, sales staff, financial consultants or representatives shall be liable for any damages whether direct, indirect, special or consequential including health, physical well being, lost revenue or lost profits that may arise from or in connection with the use of the information. Past performance is not necessarily a guide to future performance.

​​​​​​​

*Terms & conditions apply and may change conditionally. Credit at the sole discretion of HDFC Credila Financial Services Limited (formerly known as HDFC Credila Financial Services Private Limited)

*Charges which are in nature of fees are EXCLUSIVE of GST. GST and other government levies, as applicable, would be charged additionally.