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Bank of Baroda

Bank of Baroda

Period of Educational loans-Bank of Baroda: 5 years

Purpose of Educational loans-Bank of Baroda:

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

Amount of loan-Bank of Baroda:

For studies in India: Rs. 550,000.
For studies abroad: Rs.1.5 million

Interest rate-Bank of Baroda:

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-Bank of Baroda:

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

Bank of Baroda
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