Period of Loan : 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.550000
- 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.
For exact details please visit the official website of Bank of Baroda at:
For updated information please visit Bank of Baroda