Institute of International Trade's tie-up with HDFC Bank provides easy access to loans for students who enroll for the 3 years' degree program.
The following are the salient features of the education loan:
- Loan amount covering the entire course fee of Rs.1, 60,000 for the 3 years' course
- Easy Documentation
- Priority and Personalized Services-HDFC's Sales Managers will collect the documents from your door-step and ensure priority processing
- Students belonging to agricultural and low income families have to meet only the minimum criteria to avail the education loan
- Extended moratorium period of 12 months, with maximum loan tenor of 36 months
- Easy Repayment option for full time courses
- ZERO Collateral
- Preferential Interest Rate - 13% with zero PF
- Draft will be issued from the candidate's account in HDFC bank in favor of IITrade for every installment
- Student, along with parents and spouse, is eligible for Tax Benefits under Section 80E of the Income Tax Act, 1961. There is no cap on the interest rebate under the Act