Educational Loan Scheme


For the benefit of prospective students, HIMT as tied up with HDFC Bank, Kilpauk-Chennai branch only.

  0.50% Discount Applicable for Girl Students.

  1% Discount Applicable if Interest Being Serviced During Moratorium Period.

  Original KYC Doc\"s will be Verified During Documentation.

Management Quota

  Students must have Scored 70% in SSLC & 65% In HSLC.

  Loan Amount Restricted to 2.5 Lakhs and can be Extended to 4 Lakhs with Third Party Guarantor with Net Worth Report from Chartered Accountant. Exceeding...4 Lakhs Require 100% Collateral

Meritorious Students

  Proof of Merit : Counselling / Entrance Examination / Bonafide Copy from Institute Stating the Enrollment based on Merit.

Up to 4 Lakhs

  Applicant (Student)

  Passport Size Photograph x 1 Nos

  Self Attested Photo Copy of Signature , Id and Residence Proof . (Current Residence Proof Mandatory)

  Till Date Educational Qualification Certificates (Self Attested Photo Copy of SSLC , HSLC ,UG Semester Marksheet)

  Bonafide Certificate with Fee Structure.

  Merit Proof

Co-Applicant (Parents / Spouse)

  Passport Size Photograph x 1 Nos

  Self Attested Photo Copy of Signature, Id and Residence Proof. (Current Residence Proof Mandatory)

  Last 3 Month Payslip for Salaried / 3 yrs ITR Copy with P&L , Balance Sheet with Computation for Self Employed.

  Updated 6 Month Bank Statement (Salary Account).

4 Lakhs - 7.5 Lakhs

  Third Party Guarantor (Apart from Parents)

  Passport Size Photograph x 1 Nos

  Self Attested Photo Copy of Signature , Id and Residence Proof. (Current Residence Proof Mandatory)

  Net Worth Report from Chartered Accountant Equivalent

Exceeding 7.5 Lakhs

  Require 100% Collateral

The sanctioning of loan will be at the sole discretion of the branch where the loan is applied for provided the student satisfies the eligibility requirements.