Bank of Baroda

Courses:

Loans are offered for all certificates/diploma/graduate courses recognised by state/central government universities and management courses approved by the all India council for technical education (AICTE). The amount of loan for technical/certificate courses is up to Rs. 50,000 and that for graduation courses Rs. 75000 except for those courses given in the box below.

a.       Medicine Course: free seat up to RS. 2.25 Lakhs, payment seat up to RS 5.50lakhs. 

b.      Architecture course: free seat up to RS. 2.00 Lakhs, payment seat up to RS. 3.50 Lakhs.

c.       Dental course: Free seat upto RS. 1.80 Lakhs, payment seat upto RS. 3.75lakhs.

d.      Homeopathy course: Free seat upto RS. 1.75 Lakhs, payment seat up to RS3.00. Lakhs.

e.       Engg /technology course: Free seat up to RS. 1.75 Lakhs, payment seat upto Rs. 2.75lakhs.

f.        Physiotherapy course: Free seat up to Rs. 1.50 Lakhs, payment seat up to Rs.2.00. Lakhs.

g.       Pharmacy course: Free seat up to Rs. 1.25lakhs, payment seat upto RS. 2 Lakhs

h.       Ayurveda course: Free seat up to RS. 1.25 Lakhs, payment seat up to Rs. 4.50 Lakhs.

Security:

The guaranty of parent/guardian is sufficient for loans up to RS 25000,for loans above 25000,a third party guarantee of the person acceptable with the bank is adequate along with the guarantee of parent /guardian. For loans above RS 50000 , tangible security such as FDR/NSC/units /shares/debentures/mortgage/surrender value of LIC policy along with the guarantee of parent/guardian.