Bank of Baroda presents a one of its kind finance option for parents of students pursuing school education. These loans are available for studies between Nursery and Standard XII.

A loan product specially designed for students pursuing Graduation, Post - Graduation, Professional & Other courses in India.

• Should be an Indian national residing in India.



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



1. Stage I: Nursery to V th STD.
2. Stage II: VI th to VIII STD.
3. Stage III: IX th to XII th STD.
4. Evening courses of institutes approved by State/Central Govt.


• No minimum qualifying marks required.

Maximum Loan Amount: Rs. 4.00 Lakhs

• Rates of interest charged will be as per Bank's policy on the date of disbursement of loan. For details interest rates please click here http://www.bankofbaroda.com/int_adv.asp)
• 1% concession in rate of interest to loans for girl students.
• Simple interest during repayment holiday/moratorium period.
• Penal Interest @ 2% on overdue amount if the loan amount exceeds Rs. 2/- lakhs.
• 1% Rebate in rate of interest if the interest debited during the repayment holiday is serviced.

A loan product specially designed for students pursuing Graduation, Post - Graduation, Professional & Other courses in India.

• All Graduation courses.
• All Post Graduation courses & Doctorate courses.
• Professional Courses viz. Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, Ayurved, Homeopathy, Physiotherapy, Hotel Management, Hospital Management, Interior Designing, Architecture, Event Management, Mass Communication, Fashion Technology, etc.
• Computer certificate courses of reputed institutes accredited to Dept. of Electronics or institutes affiliated to Universities.
• Courses like C.A, ICWA, CFA, CS, etc.
• Courses offered in India by reputed foreign Universities.
• Evening courses of institutes approved by State/Central/Govt./UGC/AICTE/AIBMS/ICMR/ICAR.
• Courses offered by National Institutes and other reputed private institutions.
• The College/Institute must have been approved by the State/Central Govt./UGC/AICTE, etc.

• Should be Resident Indian.
• Secured admission to either of above courses
• No minimum qualifying marks.

Up to Rs. 4.00 lakhs: - NIL

Above Rs. 4.00 lakhs: - 5%

• Scholarship/assistantship if any received to be included in the margin.
• Margin may be broad on year to year basis as and when disbursements are made on a pro rata basis.

• Up to Rs.4.00 lakhs - BPLR with monthly rests
• Above Rs.4.00 lakhs: BPLR + 1% with monthly rests.
• Simple interest to be charged at monthly rests during the repayment holiday/moratorium period.
• Penal interest @ 2% p.a. on overdue amount, if the loan amount exceeds Rs.4.00 lakhs.
• 1% interest concession shall be provided if interest debited during repayment holiday is serviced.
• 1% Concession in rate of interest to loans for girl student.

Bank of Baroda presents financial assistance to students going abroad for Professional/Technical studies.

• Drafts in foreign currencies drawn on our branches/subsidiaries required in favour of College/University/Student will be issued free of exchange/commission.

Graduate/Post Graduate/Doctorate/Job Oriented Professional/Technical Courses offered by reputed Universities overseas.

• Should be an Indian National.
• Secured admission to Professional/Technical Courses at foreign Universities/Institutions.
• No minimum qualifying marks required.

• Admission/Tuition fees to College/University.
• Hostel/Mess charges.
• Examination/Library/Laboratory fee.
• Purchase of books/equipments/instruments/uniforms.
• Caution deposit/building fund/refundable deposit supported by institution bills/receipts.
• One way travel expenses/Passage money.
• Purchase of computers if essential for completion of the course.
• Any other expense required to complete the course e.g. study tour, project work, thesis etc.

Graduation & Other Courses up to 3 years duration: Rs.10 Lakhs

Post graduation and other advanced studies: Rs.15 Lakhs

• Up to Rs.4.00 lakhs: BPLR with monthly rests (Click here for current BPLR)
• Above Rs. 4.00 lakhs: BPLR + 1.00% with monthly rest.
• Simple interest to be charged during the repayment holiday/moratorium period.
• Penal interest @ 2% p.a. on overdue amount if loan exceeds Rs.4/- lacs.
• 1% interest concession shall be provided if the interest debited during the repayment holiday is served.
• 1% Concession in rate of interest to loans for girl student.

Full time Management courses including financial management conducted by IIMs.

• Should be an Indian National.
• Must possess bachelor's degree or higher education in any discipline.
• Gainfully employed in executive cadre at least for 3 years OR
• If self-employed, must be associated in the business in managerial capacity for last 3 years.
• Present gross annual emoluments / income of the applicant should not be less than Rs. 2.00 lakhs.

• Maximum: Rs. 8.00 Lakhs.
• Need based finance subject to repaying capacity of applicant, based on present / expected income after completion of the course.

15% (Any scholarship / assistantship, if received, to be reduced from the total expenses of the course.)

• Rates of interest charged will be as per Bank's policy on the date of disbursement of loan.

Any branch situated in close proximity to:

• The permanent residence of the applicant OR
• The institution where the admission is sought OR
• The place where the immovable property, offered as security is located