#1
23rd February 2016, 09:47 AM
| |||
| |||
Study Abroad Loans
What the expenses covered in Baroda Scholar education loan for Professional / Technical studies in abroad ?
|
#2
23rd February 2016, 10:05 AM
| |||
| |||
Re: Study Abroad Loans
Baroda Scholar is the education loan for Professional / Technical studies in abroad offered by Bank of Baroda. Baroda Scholar Student Eligibility : Indian National. Secured admission to : Professional/Technical Courses at foreign Universities/Institutions. [B]Eligibility of Courses [/B]: Graduate/Post Graduate / Doctorate / Job Oriented Professional / Technical Courses offered by reputed Universities overseas. Regular Degree/ Diploma courses like Aeronautical, pilot training, shipping etc. Coverage of expenses (for study in abroad ) : Admission/Tuition fees to College/University. Caution deposit/building fund/refundable deposit supported by institution bills/reciepts. One way travel expenses/Passage money. Hostel/Mess charges. Examination/Library/Laboratory fee. Purchase of books/equipments/instruments. Purchase of computers if essential for completion of the course. Any other expense required to complete the course e.g. study tour, project work, thesis etc. Maximum amount of loan : Rs. 20.00 Lacs. [B]Security [/B]: Upto Rs.4.00/- lacs : No security Above Rs. 4.00 Lacs and up to Rs. 7.5 lacs: Collateral in the form of a suitable third party guarantee Above Rs.7.5 lacs: Tangible collateral security equal to 100% of the loan amount . |
|