[nilesh]

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Hii sir, I Wants to Apply for the Bank of Baroda Education Loan Baroda Scholar:Will you Please Provide me the Information About the Education Loan of the Bank of Baroda ?

[Vishal Kotkar]

This specialised offering from Bank of Baroda education loan is exclusively for students who wish to pursue their higher professional and/or technical studies at reputed educational institutions abroad.

Maximum Loan Limit
Rs. 20 lakhs

Eligibility
Applicant must be an Indian national.
Should have secured admission into any of the professional/ technical courses at a recognized foreign university or educational institution.

Interest Rate
Loans upto Rs.4 lakhs : Base Rate + 2.50%
Loans from Rs.4 lakhs to Rs.7.50 lakhs : Base Rate + 2.50%
Loans above Rs.7.50 lakhs : Base Rate + 1.75%
Baroda Education Loan for Vocational Education & Training : Base Rate + 2.00%

Margin15.00%

Expenses Covered

Admission fees that is payable to College/ University.

Fees applicable for Examination, Library, Laboratories, Hostel, Mess etc.

The purchase of uniforms, books, equipment and instruments.

Personal Computers/ Laptops, if the course requires the same for successful completion.

Additional payments like Building fund, Caution deposit, Refundable deposit etc. These however, need to be backed up by proper bills or receipts.

Additional expenses that are deemed important for course completion, including and not limited to projects, study tours, thesis etc.

Expenses for one-way travel.

For more Information you may Contact to the nearest branch of the Bank of Baroda