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Praveen



Last Updated: 11/22/2007

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Gender: Male
Status: Single
Age: 24
Sign: Aries

State: Delhi
Country: IN
Signup Date: 11/22/2007
Thursday, November 22, 2007 

Current mood:  cheerful
HDFC Bank has a definite plan to grow its education loan business. The bank, which started offering education loans just about six months back, is aggressively tying up with several education and training institutions to offer loans to students. The bank intends to grow its education loan portfolio significantly in the next few years.

The bank is looking to tap an emerging set of students who are increasingly going for vocational training. "We have already entered into agreements with some 15 such vocational and software training institutes for offering loans to students," HDFC Bank country head for retail assets Pralay Mondal told reporters here on Wednesday.  Always compare education loan before applying for a loan in India.

HDFC Bank offers loans up to Rs 10 lakh for education in India and up to Rs 20 lakh for education abroad. "We charge an interest rate which is below our prime lending rate," Mr Mondal said. The bank's PLR now stands at 15%.
11:14 PM
 
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Kamal

 
Are you a parent and have a kid studying from the 4th to the 9th standard? Are you an elder sibling at home having a younger sibling studying from the 4th to the 9th standard? Do you know of any kid studying from the 4th to the 9th standard? If you answered any of the above questions as yes, then continue reading further as there is some important information for you here. HDFC Bank has started a scholarship program for students studying from the 4th to the 9th standard. All you have to do is get the student registered online. Registration process is very simple and can be done absolutely FREE online. They plan to give out over 5000 Scholarships ranging from Rs.2,500 to Rs.10 Lakh amounting to Rs.1.5 crore to students. Last date for registration of the program is 15th Feb 09. Online registration form can be filled here: http://www. hdfcbank. com/meritus/register_now. asp.
More information on the scholarship program can be found here: http://www. hdfcbank. com/meritus/index1. htm.

 
Posted by Kamal on Monday, February 02, 2009 - 1:01 PM
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