Bank Of India Education Loan Form

I want to apply for educational loan in Bank Of India so can you please provide me the application form to apply?

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Bank Of India offers Star Educational Loan Scheme for providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad.

Bank Of India Star Educational Loan Scheme application form


Bank Of India Star Educational Loan Scheme application form







Quantum of finance :

Need based finance subject to earning potential of student upon completion of the course with and following ceilings :

Studies in India - Maximum Rs.10.00 lakh
Studies abroad - Maximum Rs.20.00 lakh.

Margin :

Upto Rs.4 lakh : Nil

Above Rs.4 lakh - Studies in India : 5%

Studies Abroad : 15%•

Scholarship could be included in margin

Eligibility:

Student should have secured admission to a higher education course in recognized institutions in India or Abroad through Entrance Test/Merit based selection process after completion of HSC

Good academic career.

Father/Mother should be co-borrower.

Should be an Indian National

Customer service: 1800 22 0229