Bank Of Baroda Education Loan Interest Rate

Please provide me education loan Rate of Interest for the Indian students for the undergraduate course

[Pathak]

I am here by providing you the Loan interest rate of the Bank of Baroda for the Education loan.

Loan Amount
Min. - Rs 50000
Max. - Rs 2000000

Margin Money

Upto Rs. 4.00 lacs :- NIL
Above Rs. 4.00 lacs :- 15%

Tenure
Min. - 5 Yrs.
Max. - 7 Yrs.

Interest Rate
Loans upto Rs.4.00 lacs : 12.50%
Loans above Rs.4.00 lacs : 14.50%

Time to Process Loan 7 days

Hi I would like to know the various education loans available as well as the rate of Interest levied from Bank of Baroda as I like to avail it?

[Raman Vij]

Following are the loan options available for Education loans offered by Bank of Baroda:

Baroda Vidya
Baroda Gyan
Baroda Scholar
Baroda Education Loan for Vocational Education & Training
Central Scheme of Interest Subsidy for Education Loans
The National Skill Certification and Monetary Reward scheme � covered under Baroda Education Loan for Vocational Education & Training


The rates of interest levied by the bank for Education Loans are as given below:

Baroda Education Loan with effect from 01.10.2013 is:

Loans upto Rs.4.00 lacs and Loans above Rs.4.00 lacs and upto Rs 7.50 lacs@Base Rate + 2.50%

Loans above Rs.7.50 lacs@Base Rate + 1.75%

Baroda Education Loan to students of Premier Institutions
(No special concession for girl students under this scheme.)

For List-A Institutions:
Upto Rs.15.00 Lacs @Base Rate + 0.25%
Above Rs.15.00 Lacs @Base Rate .

For List-B Institutions:
Upto Rs.7.50 Lacs @Base Rate + 0.75%
Above Rs.7.50 Lacs@Base Rate + 0.50%

Baroda Education Loan for Vocational Education & Training @Base Rate + 2.00%

Note:
No special concession for girl students under this scheme.

**0.50% concession in ROI to Education Loans sanctioned for the benefit of girl student.

Baroda Career Development @ Base Rate + 2.75%