Bank Of Baroda Education
Loan EMI Calculator

Loan Amount (₹)
Interest Rate (%)
Tenure (Yrs)
EMI
0
EXCLUSIVELY FOR STUDENTS WHO WISH TO PURSUE THEIR HIGHER PROFESSIONAL AND/OR TECHNICAL STUDIES AT REPUTED EDUCATIONAL INSTITUTIONS ABROAD
Interest
Rate

Loan limit Interest Rate
Upto 20 Lacs 11.40-12.15%
Loan Amount &
Security

Secured Unsecured
Above 7.5 lacs Upto 7.5 lacs
Charges &
Repayment

Processing fees 1%
Repayment period 10 to 15 Years
Moratorium period Course of study + 6 months
Eligibility
Criteria

  • Indian National
Key Benefits &
Coverage

Tax benefits under section 80 E
Concessions
  • 0.50% on ROI for girl student
Margin
  • 15.00 %
Course covered
  • All Graduation, Post-Graduation, Doctorate, Technical courses and other Job oriented courses offered by reputed foreign Universities.
  • Degree/Diploma in Aeronautical, pilot training, shipping etc. (approved by Director General of Civil Aviation/shipping in India as well as a competent local aviation / shipping authority).
Expenses covered
  • College fees, book & laptop purchase, travel expenses and any education related expenses.
Required
Documents

Student Co-Borrower
KYC
  • Aadhaar
  • 2 passport photo
  • Passport
  • Aadhaar & Pan card
  • residence proof
EDUCATION
  • Admit letter
  • cost of study statement
  • X & XII mark sheet
    ---
INCOME
  • Pan card
  • 6 months bank account statement
  • 6 months bank account statement
  • ITR of last 2years /form 16
  • Income proof(salary slip )
SECURITY
    ---
  • Assets and liabilities brief statement