#1  
13th December 2018, 06:28 PM
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Moratorium Period of Bank of Baroda Education Loan Scheme for Abroad studies?


I have searched alot and got information about the education loan of Bank of Baroda. I want to take an Education Loan for studying Abroad. But in Bank of Baroda Education Loan Scheme, I didn’t understand about the moratorium period. Can anyone of you let me know about this term under this education loan scheme?




  #2  
17th December 2018, 10:31 PM
ppsahu
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Posts: 12,628
Default Re: Moratorium Period of Bank of Baroda Education Loan Scheme for Abroad studies?

Moratorium Period of Bank of Baroda Education Loan Scheme for Abroad studies is course period + 1 year. For studies abroad you can get maximum loan amount up to Rs. 80.00 lakh for Institutions specified in List of Premier Institutions and Rs. 60.00 lakh for Institutions not specified in List of Premier Institutions. There is no margin required loan up to Rs. 4.00 lakh and 10% margin is required loan above Rs. 4.00 lakh.
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