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Educational Loans in India By Bank of Baroda

Bank of Baroda

Period of loans

5 years

Purpose

Tuition feesLibrary/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

Educational Loans by Other Banks
	Bank of India		Central Bank
	Dena Bank		Punjab National Bank
	State Bank of Hyderabad		State Bank of India
	Allahabad Bank		Bank of Baroda
	HDFC		UCO Bank
	IDBI Money Scholar		Vijaya Bank
	Indian Bank		Federal Bank Ltd.
	State Bank of Mysore		Citibank