1. What is the maximum loan that you give for institutes abroad and for those in India?

While most of the banks normally offer up to 20 lakhs of loan, HDFC Credila can extends more than a crore rupees education loan to talented and eligible students and parents

2. What all is the loan for – study and stay or just study?

Education loan is normally taken for financing Tuition fees, living expenses (hostel etc.), books and periodicals and some times traveling

3. How much can one borrow in the domestic and international context without a surety?

As per the IBA guidelines, the banks offer up to Rs. 4 Lakhs and Rs. 7.5 Lakhs without collateral security for studies in India and Abroad respectively.
However, HDFC Credila can offer up to Rs. 20 Lakhs without surety for talented and deserving applicants.

4. Some banks even offer a Rs 1 crore loan?

Only HDFC Credila offers education loan up to these amounts.

5. Do applicants often take education and personal loans together? Personal for other expenses that come into taking admission into higher educational courses?

Ans: Because of margin money concept (where students have to pay anything between 5 to 30% of money from their own sources), some times students do have to take both together to finance their tuition fee as well as living expenses. However, HDFC Credila does offer an option of up to 100% of finance for talented and deserving students.

6. How much loan can I get From HDFC Credila?

HDFC Credila is the only lender that not only finances upto 100% of the cost of education but also gives education loan over Rs. 20 lakhs