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| COMPARE : EDUCATION LOANS |
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| Introduction |
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HSBC bank offers education loan for Indian students who want to attain a world-class education at a U.S. college or University. The loan will cover the cost of education – tuition, fees, room charges, boarding, books, and other education-related expenses.
HSBC INDIA STUDENT EDUCATION LOAN PROGRAM IS APPLICABLE FOR STUDENTS WHO WANT TO PURSUE STUDIES IN US. |
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| Highlights |
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Study Abroad |
Study India |
| Course |
Graduation |
Graduation |
| Loan Type |
Term Loan |
Term Loan |
| Loan Purpose |
Educational Loan covers cost of education – tuition, fees, room charges, boarding, books, and other education-related expenses. |
Educational Loan with expenses for boarding and lodging. |
| Loan Amount |
Min. - Rs 500000
Max. - Rs 10000000
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Min. - Rs 50000
Max. - Rs 2500000
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| Margin Money |
HSBC India can fund a maximum of 85% of the total programme fees.
Upfront contribution proof of the remaining 15% of school fees must be submitted to HSBC, India prior to the disbursal.
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| Tenure |
Min. - 1 Yrs.
Max. - 15 Yrs.
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Min. - 1 Yrs.
Max. - 15 Yrs.
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| Interest Rate |
The Bank's base rate is 10% effective from August 01, 2013.
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 Fees & charges
Fees & charges
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Study Abroad |
Study India |
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| Comment on Charges |
Processing Fees : 1%
subject to a min. of Rs 5000 plus service tax |
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Security
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Security |
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Residential Property. Either self-occupied and owned by either primary or co-applicant.
Property must be in Bangalore, Chennai, Mumbai, Delhi (NCR – Noida, Gurgaon, Faridabad), Pune. |
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Terms & Conditions
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Terms & Conditions |
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Primary Applicant must be the student. Must have a co-applicant in India and can only be parents or spouse of student. Co-applicant being considered when calculating the loan eligibility must be a resident Indian. |
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Show All Education Loans
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