Bank of Baroda Education Loan Scheme - Baroda Vidya

Posted Date: 18 Apr 2008 Resource Type: Articles/Knowledge Sharing Category: Educational Loans

Posted By: Bala Member Level: Diamond
Rating:

Points: 5

Bank of Baroda Education Loan Scheme - Baroda Vidya

Baroda Vidya

Bank of Baroda presents a one of its kind finance option for parents of students pursuing school education. These loans are available for studies from Nursery to Senior Secondary School.
No processing & documentation charges.

No Margin.

No security required.

Terms & Conditions

Eligibility :

Should be an Indian national residing in India.

Student should have secured admission to a recognized school / Highschool / Jr. College (including CBSE / ICSE / State Board) for any of the following courses

Stage I : Nursery to V th STD.
Stage II : VI th to VIII STD.
Stage III : IX th to XII th STD.

Coverage of expenses for :

Fee payable to college / school.

Examination / Library / Laboratory Fee.

Fee and other charges payable to hostel.

Purchase of books / equipments / instruments / uniforms.

Personal Computers / Laptops wherever required.

Caution deposit / building fund / refundable deposit supported by instituion bills / receipts.

Maximum Loan Amount : Rs.4.00 Lacs

Repayment Period :

Loan for each yearly sub limit is repayable in 12 equal monthly instalments. First instalment to be due 12 months after first disbursement of each year's loan component.

The parents must be residing in the place for a minimum period of -3- years, except in the case of transferable job.

Security :

In case the loan is given for purchase of computer the same is to be hypothecated to the bank.

For more details, visit http://www.bankofbaroda.com/pfs/vidya.asp

Responses

Author: Shinu 31 May 2008

Member Level: Gold Points : 2

I was looking for information on loans. I have been interested in this and happy to read more about it.Thanks for the information

Feedbacks

Popular Tags

What are tags ?

Search Tags

(No tags found.)

Post Feedback

This is a strictly moderated forum. Only approved messages will appear in the site. Please use 'Spell Check' in Google toolbar before you submit.
You must Sign In to post a response.

	Next Resource: Axis Bank Education Loan Scheme
	Previous Resource: Bank of Baroda Education Loan Scheme - Baroda Gyan
	Return to Discussion Resource Index
	Post New Resource
	Category: Educational Loans

Post resources and earn money!

Related Resources

Fresher Jobs

Resources

Colleges

Bank of Baroda Education Loan Scheme - Baroda Vidya

Responses

Post Feedback