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HDFC Bank Education Loan for ₹15 Lakh

EMI: ₹24,134/month at 9%. Min income: ₹48,268/month.

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Your Details
Income Details
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Loan Parameters
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Eligibility Results
Maximum Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Monthly Income
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Existing EMIs
₹ 0
0%
New Loan EMI
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Remaining Income
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HDFC Bank Education Loan for ₹15 Lakh - Key Details

Interest Rate
9% p.a.
Monthly EMI
₹24,134
Total Interest
₹5,27,256
Total Payment
₹20,27,256
Min Income Required
₹48,268/mo
Processing Fee
Up to 1.50% + GST

A ₹15 Lakh education loan from HDFC Bank at 9% interest for 7 years will cost you ₹24,134 per month as EMI. You will pay a total interest of ₹5,27,256 over the loan tenure. The minimum monthly income needed is ₹48,268 (assuming no existing EMIs).

Frequently Asked Questions

What is HDFC Bank education loan EMI for ₹15 Lakh?

HDFC Bank Education Loan EMI for ₹15 Lakh at 9% for 7 years is ₹24,134 per month.

What income do I need for ₹15 Lakh education loan from HDFC Bank?

You need a minimum monthly income of ₹48,268 for a ₹15 Lakh education loan from HDFC Bank (at 9% rate, assuming no existing EMIs).

What is the total interest on ₹15 Lakh education loan from HDFC Bank?

The total interest payable on ₹15 Lakh education loan from HDFC Bank at 9% for 7 years is ₹5,27,256.

What is HDFC Bank's processing fee for ₹15 Lakh education loan?

HDFC Bank charges a processing fee of Up to 1.50% + GST for Education Loan.

Can I prepay my HDFC Bank education loan?

HDFC Bank Education Loan prepayment policy: Nil for education loans.

₹15 Lakh Education Loan from Other Banks

SBIFrom 8.15 - 10.70%ICICI BankFrom 9.25 - 13.00%Axis BankFrom 9.70 - 13.70%Kotak Mahindra BankFrom 10.00 - 16.00%Bank of BarodaFrom 7.95 - 10.45%PNBFrom 8.10 - 10.90%Canara BankFrom 8.00 - 10.75%Union BankFrom 8.05 - 10.60%Indian BankFrom 8.00 - 10.30%IDBI BankFrom 8.25 - 11.25%

Other HDFC Bank Education Loan Amounts

₹5 LakhEMI ₹8,045/mo₹7 LakhEMI ₹11,262/mo₹10 LakhEMI ₹16,089/mo₹20 LakhEMI ₹32,178/mo₹25 LakhEMI ₹40,223/mo₹30 LakhEMI ₹48,267/mo₹40 LakhEMI ₹64,356/mo₹50 LakhEMI ₹80,445/mo