Baroda UP Gramin Bank Education Loan
If you want to pursue higher education and need capital to meet the expenses related, then you can consider an education loan from Baroda UP Gramin Bank. Baroda UP Gramin Bank offers education loans with floating interest rates ranging from 10.50% p.a. to 11.15% p.a. and fixed interest rates ranging from 13.05% p.a. to 14.55% p.a. For NHFDC the interest rates range from 5.00% p.a. to 9.00% p.a.
About Baroda UP Gramin Bank Education Loan
- The Government of India provides an education subsidy under the CSIS scheme for eligible students, subject to specific terms and conditions.
- A 1% interest rate concession is available if the interest is paid during the study period, and the EMI payments are made regularly after the repayment holiday.
- Female students receive an additional 0.50% interest rebate.
- Students from premier institutions like IIM Ahmedabad, Kolkata, Bangalore, and XLRI-Jamshedpur are offered a reduced interest rate of 8.15% to 9.95%
Baroda UP Gramin Bank Education Loan Interest Rate
Loan Scheme | Criteria | Floating Interest rate per annum | Fixed Interest rate per annum |
Education Loan Scheme | Up to Rs.4.00 lakh(0.5% rebate girl student) | 10.50% | 13.05% |
| More than Rs.4.00 lakh to Rs. 7.50 lakh (0.5% rebate girl student) | 10.50% | 13.05% |
| More than Rs. 7.50 lakh (0.5% rebate girl student) | 11.15% | 14.55% |
Education Loan such as IIM-Ahmadabad/Kolkata/Bangalore/XLRI-Jamshedpur etc. | All Cases | 8.15% to 9.95% | - |
NHFDC (Interest rebate of 1% for women) | Up to Rs. 50,000 | - | 5.00% |
| More than Rs. 50,000 to 5 lakhs | - | 6.00% |
| More than Rs.5 lakh to Rs.15 lakhs | - | 7.00% |
| More than Rs. 15 lakhs to Rs. 30 lakhs | - | 8.00% |
| More than Rs. 30 lakhs to Rs. 50 lakhs | - | 9.00% |
Note: The current BPLR rate offered by the Baroda UP Gramin Bank is 14.25%
Education loan offered by other banks in India
- ICICI Bank Education Loan
- Axis Bank Education Loan
- Bank of India Education Loan
- Bank of Maharashtra Education Loan
- Canara Bank Education Loan
- Central Bank of India Education Loan
- City Union Bank Education Loan
- Federal Bank Education Loan
- HDFC Bank Education Loan
- IDBI Bank Education Loan
- Indian Bank Education Loan
- Indian Overseas Bank Education Loan
- Jammu and Kashmir Bank Education Loan
- Karnataka Bank Education Loan
- SBI Education Loan
- UCO Bank Education Loan
- Union Bank of India Education Loan
- DBS Education Loan
- Kotak Mahindra Bank Education Loan
Be Money-Smart with our App
FAQs on Baroda UP Gramin Bank Education Loan
- Can I apply for an education loan from Baroda UP Gramin Bank online?
Currently, there is no facility to apply for an education loan from Baroda UP Gramin Bank online. The only way to apply is to visit the bank’s nearest branch and apply for an education loan.
- Will a female student get a rebate on the interest rate for education loan from Baroda UP Gramin Bank?
Yes, a female student can get a 0.5% rebate on the interest rate if she avails an education loan from Baroda UP Gramin 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 UP Bank?
Yes, you can apply for an education loan from Baroda Gramin UP Bank if you have got admission in any of the IITs or any premier institutes in India.
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.