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Old 8th July 2015, 02:42 PM
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Default Rate of Interest On Education Loan in Bank of Baroda

I want to take Education Loan from Bank of Baroda for my higher studies so please tell me how can I apply for it? Also tell me the rate of interest on Education Loan in Bank of Baroda? What are the documents required to apply for this loan, give me there details?
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  #2  
Old 20th February 2018, 04:41 PM
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Default Re: Rate of Interest On Education Loan in Bank of Baroda

Hello sir, here I came for to get education loan from Bank of Baroda. Will you please show me rate of interest on Education Loan in Bank of Baroda?
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Old 20th February 2018, 04:44 PM
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Default Re: Rate of Interest On Education Loan in Bank of Baroda

The Bank of Baroda is an Indian state-run banking and financial services organization and also the second largest bank in India in terms of assets.

The Bank of Baroda is offers different types of education loans which have been specially designed to finance different levels of academic needs.

The Baroda Vidya education loan is designed for students pursuing school education ranging from Nursery up to Senior Secondary School.

Interest Rate:

Loans upto Rs.4 lakhs : Base Rate + 2.50%

Loans from Rs.4 lakhs to Rs.7.50 lakhs : Base Rate + 2.50%

Loans above Rs.7.50 lakhs : Base Rate + 1.75%

Baroda Education Loan for Vocational Education & Training : Base Rate + 2.00%


Rate of Interest on Education Loan in Bank of Baroda:

Rate of interest for Mid/Large Corporate/ Non-regulatory/SME expanded advances linked to Base Rate w.e.f 01.04.2016:

Rating Large and Mid Corporate Advances Non regulatory SME /SME Expanded Advances
CR-1 BR+1.50% BR+1.25%
CR-2 BR+1.60% BR+1.35%
CR-3 BR+2.10% BR+1.85%
CR-4 BR+2.65% BR+2.40%
CR-5 BR+3.50% BR+3.25%
CR-6 & Below BR+5.90% BR+5.70%

Key Benefits:

No processing charges.
No Margin on loans upto 4 lacs.
Free Debit Card.
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