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#1
28th July 2018, 03:10 PM
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Insurance covered under Bank of Baroda Education Loan scheme?
Can anyone of you kindly provide me the details of the insurance covered in the education loan scheme offered in Bank of Baroda? I am going to apply an education loan in this bank so I want to know about the insurance.
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#2
21st October 2022, 12:37 PM
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Re: Insurance covered under Bank of Baroda Education Loan scheme?
What all is covered under education loan are:_
Tution fee Examination fees Library /laboratory fees Hostel fee Cost of books, equipment, instrument or uniform Miscellaneous expense - study tours, project work, thesis etc Reasonable cost of computer or laptop Insurance premium for student borrower. The cost of insurance coverage with an education loan is 2 to 3% of loan amount. The policy is based on loan amount and is assigned to the bank. |
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