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Rate of Interest On Education Loan in Bank of Baroda |
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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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