Baroda Vidya Scheme

Baroda Vidya Scheme is the finance option for parents of students pursuing school education. These loans are available for studies between Nursery and Standard XII.

Eligibility :
	Should be an Indian national residing in India. Student should have secured admission to a recognized school / Highschool / Jr. College (including CBSE / ICSE / State Board) for any of the following courses Stage I : Nursery to V th STD. Stage II : VI th to VIII STD. Stage III : IX th to XII th STD. Evening courses of institutes approved by State/Central Govt. No minimum qualifying marks required.
Loan Details
	Coverage of expenses  Fee payable to college / school. Examination / Library / Laboratory Fee. Fee and other charges payable to hostel. Purchase of books / equipments / instruments / uniforms. Personal Computers / Laptops wherever required. Caution deposit / building fund / refundable deposit supported by institution bills / receipts. Quantum  Maximum Loan Amount : Rs.4.00 Lacs Security : No security required. In case the loan is given for purchase of computer the same is to be hypothecated to the bank. Zero processing & documentation charges. Zero Margin.
Rate of Interest
	Rates of interest charged will be as per Bank's policy on the date of disbursement of loan. 1% concession in rate of interest to loans for girl students. Simple interest during repayment holiday/moratorium period. Penal Interest @ 2% on overdue amount if the loan amount exceeds Rs. 2/- lacs.
Repayment
	You can repay the loan after moratorium by way of EMI. (Equated Monthly Instalments) Loan for each yearly sub limit is repayable in 12 equal monthly installments. First installment to be due 12 months after first disbursement of each year's loan component.
Contact Details Head Offices Suraj Plaza-1, Sayaji Ganj, Baroda-390005 Phone : (0265) 236 1852 (10lines) Fax     : (0265) 236 2395, 236 1824, 236 1806 Baroda House, P.B. No.506, Mandavi, Baroda-396006 Phone : (0265) 256 3932 Fax     : (0265) 256 2445 Corporate Centre Baroda Corporate Centre, Plot No - C-26, G - Block, Bandra - Kurla Complex, Bandra (East), Mumbai-400051 Phone :(022) 6698 5000- 04 Fax :(022) 2652 350 Website : visit Bank of Baroda Zonal Offices Bank of Baroda Regional Offices