Bank of Baroda offers different types of loan. The types of loan provided by Bank of Baroda are Baroda Vidya, Baroda Gyan and Baroda Scholar.

BARODA VIDYA

It is an education loan scheme provided to the parents of students undergoing school education. These loans are given for studies between Nursery and 12th standard. Processing and documentation charges, margin and security are not necessary for taking loans under this scheme. However, the candidates are required to meet certain criteria for getting the loans. He or she has to be an India national who resides in India. Students are required to take admission in a recognized school, high school or junior school. The maximum loan amount offered is Rs. 4 lakhs.

BARODA GYAN

It is a loan scheme especially meant for the students studying undergraduate, postgraduate, professional and other different courses in India.

Sudent Loans India - Eligibiliy

• All undergraduate and postgraduate courses. Loans are also provided for doctorate programs.
• Professional courses in areas like fashion technology, engineering, event management, agriculture, mass communication, medical, architecture, agriculture, hospital management, veterinary, hotel management, interior designing, management and others. Certificate courses in computer offered by reputed institutions certified under the Department of electronics or institutions which are affiliated to universities.
• Programs that are offered by XLRI, IIM, NIFT, IISC, IIT, diploma and degree courses and ICWA, CA, CS, CFA other courses.
• Diploma and degree courses offered by various colleges and universities which are approved by UGC, AICTE, ICMR, Govt., AIBMS and others.
• Courses, which are conducted by renowned foreign universities in India.
• Evening courses offered by institutes, which are approved by reputed associations or courses, which are conducted by reputed national and private institutions.

Note:

Students should be Indian nationals residing in their home country which is obviously India. Applications will be considered eligible for the loan if they have got admission through entrance test for merit based selection procedure. The maximum loan given is 10 lakhs.

BARODA SCHOLAR

It is provided to the students willing to go abroad for pursuing their technical and professional studies. The various courses eligible for this loan are graduate, doctorate, post graduate, technical courses and professional courses offered by prestigious universities. Candidates seeking loans need to be Indian Nationals. The maximum amount of loan offered is Rs 20 lakhs.