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 Bank of Baroda - India (for Education Loan) |
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Bank Name: |
Bank of Baroda |
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Study In: |
India |
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Type of Courses Eligible: |
CA,Commercial Pilot,Diploma/ Degree courses,Graduation courses,LLB,MBA,Others,Post Graduation courses,MBBS |
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Cost Covered: |
Fees payable to College / Examination / Library / Laboratory / Hostel / Purchase of books / equipments / instruments, Purchase of Computer / Caution deposit / building fund |
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Moratorium Period: |
Course period + 1 year or 6 months after getting job, whichever is earlier |
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Interest Rate Type: |
Floating |
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Interest Rate: |
12.0 |
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Processing Fee: |
Nil |
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Prepayment Charges: |
Nil |
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Collateral Description: |
for loans above Rs 4 lakh & upto Rs 7.5 lakh- suitable third party guarantee along with assignment of future income, above Rs 7.5 lakh- tangible collateral security along with assignment of future income |
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Guarantor Description: |
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Margin: |
5% |
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