#1
3rd May 2016, 01:20 PM
| |||
| |||
Bank Of Baroda Abroad Education Loan
Please let me know about the Abroad Education Loan facility started by Bank Of Baroda and please also get some information about the loan?
|
#2
3rd May 2016, 02:34 PM
| |||
| |||
Re: Bank Of Baroda Abroad Education Loan
I will get the details about Abroad Education Loan facility started by Bank Of Baroda so that you can check it easily. [B]Types of Education loan offer by them[/B] 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 For your reference here I’m telling you about Baroda Vidya loan [B]Eligibility[/B] Should be an Indian national residing in India. Student should have secured admission to a recognized school / Highschool / Jr. College (including CBSE / ICSE / State Board) for any of the following courses Stage I : Nursery to V th STD. Stage II : VI th to VIII STD. Stage III : IX th to XII th STD. Coverage for expenses Fee payable to college / school. Examination / Library / Laboratory Fee. Fee and other charges payable to hostel. Purchase of books / equipments / instruments / uniforms. Personal Computers / Laptops wherever required. Caution deposit / building fund / refundable deposit supported by instituion bills / receipts. Maximum Loan Amount : Rs.4.00 Lacs [B]Repayment Period :[/B] Loan for each yearly sub limit is repayable in 12 equal monthly instalments. First instalment to be due 12 months after first disbursement of each year's loan component. [B]Security[/B] In case the loan is given for purchase of computer the same is to be hypothecated to the bank. [B]Rate Of Interest[/B] 0.50% concession in rate of interest to loans for girl students. Interest to be serviced as and when applied during moratorium period. Penal Interest @ 2% on overdue amount if the loan amount exceeds Rs. 2/- lacs. [B]Address:-[/B] Bank Of Baroda Baroda Corporate Centre, Plot No - C-26, G - Block, Bandra - Kurla Complex, Bandra (East), Mumbai-400051 Phone:- (022) 6698 5000- 04 |