Bank of Baroda
|
| Max. loan (local studies) |
Rs. 100,000 /- |
| Max. loan (foreign studies) |
Rs. 500,000/- |
| Maximum upto |
100.00% financed |
| Maximum tenure |
5 yrs |
| Interest (%) |
12% to 13.25% |
| Security |
Yes (for loans over Rs. 50,000) |
| Repayment holiday |
1 year for principal repayment. Interest payments start immediately. |
| Guarantors |
1 |
| Insurance policy |
Yes: equal to the amount of the loan. |
| Age |
Upto 28 yrs |
| Courses financed |
Post-graduate, professional |
| others |
Processing fee: Rs 100/ lakh payable annually. Documentation charge: Rs 100, Stamp duty: Rs 250 |
|
