Education and Career Forum

I am interested to study MBA after my Graduation. For this course I want to apply an education loan from Bank of Baroda. I would like to know about the eligibility criteria to apply an education loan from this bank. And also let me know about the documents which are required for applying.

Originally Posted by Unregistered

I am interested to study MBA after my Graduation. For this course I want to apply an education loan from Bank of Baroda. I would like to know about the eligibility criteria to apply an education loan from this bank. And also let me know about the documents which are required for applying.

Indian students who have secured admission in recognized institutions to study MBA through Entrance Test or Merit based selection process are eligible to apply for the education loan in Bank of Baroda. A meritorious student (who qualifies for a seat under merit quota) will also be eligible for education loan under this Baroda Gyan Scheme even if the student chooses to purchase a course under management quota.

Documents required to apply for education loan in Bank of Baroda are given below:

Letter of Admission
Fee Schedule
Address Proof
Identity Proof
Proof of Income
Passbook or bank statement for last 6 months
Copy of Mark sheets
Recent Salary Certificate

Yes, you are eligible to apply for an education loan in Bank of Baroda for pursuing MBA course after completion of your graduation course. To be eligible to apply for an education loan in any bank, you should have secured admission in any course in any recognised college/ university.

Documents required to apply for an education loan in Bank of Baroda are mentioned below :-

--> Filled in Loan Application Form
--> Proof of Identity
--> Proof of Address
--> Proof of Income
--> Passport Size photographs
--> Admission Letter
--> Academic Certificates Copies
--> Collateral security documents (for loans greater than Rs. 7.5 lakhs).