Bank Of Baroda Education Loan

Hello sir I’m looking for some information about the Bank Of Baroda educational loan so that I can go through it easily?

[Kiran Chandar]

As per your demand I will help you here to get the information about the educational loan of Bank Of Baroda so that you can have idea about it.


Here are the various education loan offer by the bank

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

Here I’m telling you some information about the Bank Of Baroda Loan for Vidya

Eligibility

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 of expenses for :

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


Rate of Interest :

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.

Address:-
Bank Of Baroda
Baroda Corporate Centre,
Plot No - C-26, G - Block, Bandra - Kurla Complex, Bandra (East), Mumbai-400051

Phone:-
(022) 6698 5000- 04