Educational Loan in Bank of Baroda for Students

[Kalyan]

Bank of  Baroda

Period of loans :

5 years

Purpose:

Tuition fees Library/Other institution charges Hostel/Mess charges Travel expenses abroad (one way only)

Amount of Loan :

For studies in India:

Rs.550,000
For Studies abroad :

Rs.1.5 million

Interest rate:

Depending on the Loan Amount with maximum of 13.77%

Margin Required:

Maximum 15%, depending on the loan amount. 20% of the loan amount in case of abroad studies

Period of loan:

The loans are to be repaid starting from 6 months after course completion or 1 year after getting a job