Don’t worry buddy I will help you here to get the details about Students Loan for Studying Abroad offer by HDFC Bank.

Features
Huge tax benefit under Sec 80 E of Income Tax Act of India
Opportunity for students to take up responsibility and pay for their education on their own
Preserve family savings (don’t break FDs, MFs etc and preserve funds for family contingency/emergencies)
EMI starts post course completion whereas through personal finance fee needs to be paid at the beginning of the course
Plan your finances in advance: Apply for a loan even before admission confirmation to avoid last minute running around for funds. Also, use the loan sanction letter as a proof of funds.
An education loan from Credila can also cover tuition fee, living expense, books, travel, laptop etc.
Build a good credit history (helps in taking loans etc in the future also)
Quick and convenient loan processing with door step service

Eligibility
You need to be a Indian resident
You should be aged between 16 - 35 years.
Collateral security may be required
Co-Applicant: Co-Applicant is required for all full time courses
Co-Applicant: Parents, spouse and siblings, father in-law, mother in-law, brother in-law, paternal/maternal uncle/aunt

Documents Required
Academic
Institute Admission Letter with fee break-up: USA Applicant: I-20 Form and UK Applicant: CAS Letter
SSC, HSC, Graduation mark sheets and also mark sheet of any entrance exam like GRE/GMAT/TOFEL/IELTS
KYC(Know Your Customer) Age Proof
Signature Proof
Identity Proof
Residence Proof
Signature verification-Student/Co-Applicant like: PAN Card, Passport, Credila’s completed signature Authentication form Authenticate by Bank or 10th/12th or equivalent mark sheet with signature for student below 21 years

Income Documents
Salaried
Latest 3 salary slips carrying date of joining details
Latest 6 months Bank Statement of the Salary Account
Latest 1 Year’s form 16 from employer along with 1 year income tax return
Self Employed
Last 2 Year ITR with Computation of Income
Last 2 Years Audited Balance Sheet
Last 8 Months Bank Statement
Proof of Turnover (Latest Sales / Service Tax Return)
Self Employed - Professional
Last 2 Year ITR with Computation of Income
Last 2 Years Audited Balance Sheet / P& L
Last 8 Months Bank Statement
Proof of Qualification

Others
Completed Application Form
Latest Photograph (Signed Across Any document for establishing relationship between student and the co-applicant viz. ration card, marriage certificate, birth certificate etc.


Address:-
HDFC Bank
HDFC Bank House, Senapati Bapat Marg
Lower Parel (W), Mumbai - 400 013.

Phone:-
91 - 22 - 6652 1000