Baroda Gujarat Gramin Bank Education Loan

Baroda Gujarat Gramin Bank is present in 22 districts in Gujarat and has over 488 branches. This bank offers its customers with various services like corporate banking, finance, insurance, mortgage loans, investment banking, merchant banking, private equity, private banking, savings schemes, and credit cards.  

Updated On - 06 Sep 2025
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Types of Education Loans Offered by Baroda Gujarat Gramin Bank

The types of education loan offered by Baroda Gujarat Gramin Bank: 

1. Baroda Gujarat Gramin Bank for Nursery up to 12th standard

The Baroda Gujarat Gramin Bank offers loans to students studying in nursery. This loan is designed to support primary education needs at an affordable rate of interest.  

Eligibility criteria to apply for education loan at Baroda Gujarat Gramin Bank: 

The eligibility criteria to apply for Baroda Gujarat Gramin Bank education loan are as follows: 

  1. Students must have been admitted to a recognized school, high school, or junior college (including CBSE, ICSE, or State Board) for any of the following stages: 
  1. Stage I: Nursery to 5th Standard 
  1. Stage II: 6th to 8th Standard 
  1. Stage III: 9th to 12th Standard 
  1. Additionally, evening courses from institutes approved by the State or Central Government are eligible.  
  1. There are no minimum qualifying marks required.  
  1. This loan will be issued in the name of the student's father or mother. 
baroda gujarat gramin bank education loan for higher studies

2. Baroda Gujarat Gramin Bank Education Loan for Post-Graduation Students

The Baroda Gujarat Gramin Bank offers loans to students wanting to complete post-graduation or study some professional course across India. This loan is designed to provide monetary support to bright students at an affordable rate of interest.  

Eligibility criteria to apply for education loan at Baroda Gujarat Gramin Bank: 

The eligibility criteria to apply for Baroda Gujarat Gramin Bank education loan are as follows: 

  1. The student must be enrolled in a reputable school for sanctioned programs following a UGC/Government/AICTE-approved entrance exam or a selection based on merit after finishing the Higher Secondary Certificate (10+2 or equivalent).In situations where admission solely depends on exam scores, the bank might evaluate the applicant's suitability based on their employability and the school's reputation. 

3. Baroda Gujarat Gramin Bank Education Loan for Students going abroad

The Baroda Gujarat Gramin Bank offers loans to students wanting to complete education out of India or pursue some other professional / technical courses. This course aims to assist students in accessing world-class education opportunities at an affordable rate of interest. 

Eligibility criteria to apply for education loan at Baroda Gujarat Gramin Bank: 

The eligibility criteria to apply for Baroda Gujarat Gramin Bank education loan are as follows: 

  1. The student must be enrolled in specialised programs at international universities and colleges. 
  1. There is no minimum grade point average (GPA) required to apply for this loan. 

Benefits of Applying for a Loan from Baroda Gujarat Gramin Bank 

There are multiple benefits of applying for a loan from Baroda Gujarat Gramin Bank. They are as listed below: 

  • Minimum documentation required: The Baroda Gujarat Gramin Bank provides its customers with a minimum documentation process and ensures an overall hassle-free experience. This simplifies the loan application process for the customers and saves their time. 
  • No minimum marks required: Most of the loan categories offered by the Baroda Gujarat Gramin Bank do not have a minimum marks requirement. This makes the application easier and accessible for all categories of students. 
  • Local Expertise: The bank’s deep understanding of local markets and needs, providing tailored solutions that meet regional requirements. 
  • Multiple loan categories: The Baroda Gujarat Gramin Bank offers education loans under multiple categories, making it accessible for all types of students. 
  • Competitive Interest Rates: The Baroda Gujarat Gramin Bank offers interest rates tailored to suit various financial needs. 
  • Quick Processing: The Baroda Gujarat Gramin Bank offers loan processing with minimal paperwork and faster approval times. This makes it convenient for students in times of need. 

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FAQs on Baroda Gujarat Gramin Bank Education Loan

  • Which type of bank is Baroda Gujarat Gramin Bank?

    Baroda Gujarat Gramin Bank is a Regional Rural Bank (RRB). 

  • Is there any minimum marks requirement to apply for an education loan at Baroda Gramin Gujarat Bank?

    There is no minimum marks requirement to apply for an education loan at Baroda Gramin Gujarat Bank. 

  • I have got admission in one of the Indian Institute of Technology (IIT) college. Can I apply for an education loan from Baroda Gramin Gujarat Bank?

    Yes, you can apply for an education loan from Baroda Gramin Gujarat Bank if you have got admission in any of the IITs or any premier institutes in India. 

  • Can I avail myself of an education loan from Baroda Gujarat Gramin Bank for studying abroad?

    Yes, Baroda Gujarat Gramin Bank provides education loans for studying abroad, covering expenses such as tuition fees, living costs, and other related expenses. 

  • How do I apply for an education loan with Baroda Gujarat Gramin Bank?

    You can visit the nearest Baroda Gujarat Gramin Bank branch to apply for an education loan. You need to fill out the loan application form and submit the required documents. You may also be able to apply online through the bank's official website. 

  • Will I get any tax benefits associated with education loans?

    Yes, under Section 80E of the Income Tax Act, interest paid on education loans is eligible for tax deduction. This benefit applies to loans taken for higher education. 

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