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  #1  
25th September 2016, 01:40 PM
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Differences among Star Loan and Star Vidya Loan schemes of Bank of India?


My son is interested to join B.Tech course. I am having a Bank Account in Bank of India from the last 16 years in the same branch. I want to apply an Education Loan in this Bank. But when I have searched, I saw Star Vidya Loan and Star Loan schemes. I just want to know the difference between these two schemes. Can you tell me?




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  #2  
28th September 2016, 10:03 AM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Differences among Star Loan and Star Vidya Loan schemes of Bank of India?

Difference between Star Loan and Star Vidya Loan :-

- The maximum amount which can be seek under Star Loan for study in India is 10 lakhs whereas that under Star Vidya Loan is 30 lakhs.
- The terms and conditions are stricter in case of Star Vidya Loan as compared to Star Loan.
- Star Vidya Loan can be availed only when your son gets admission in a selected premier list of institutes as per bank for a particular course as per bank norms.

More details of Star Vidya loan is provided in the attached document.
Attached Files
File Type: docx BOI Star Vidya Loan Scheme.docx(13.4 KB, 15 views)
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