BANK OF INDIA- STAR MAHILA GOLD LOAN SCHEME

1.Purpose of Loan

For purchase of Gold ornaments, preferably hallmarked, from reputed Jewellers and/or Gold coins of Bank of India.

2Target Group Resident Indian Women

Working Women : Women permanently employed in Central/State Govt./PSUs/ Scheduled Banks/Teachers of Govt. Aided Institutions; and include professionals like Doctors/ C.As/Chartered Engineers etc.,
Non Working Women : Not having income proof. Spouse/other close relative who satisfy income criteria to join as co-borrower.

3.Age 18- 60 years

4.Rating Exercise Applicant should get minimum 20 marks, under banks rating exercise, to be eligible for loan under the scheme.

5.Type of Advance Demand/ Term Loan

6.Quantum of Advance Working/Non-working women : 10 times of monthly net emoluments (take home salary of self/spouse, in case of non working women)

Professional : 50% of Gross Annual Income as per latest Income Tax Return Minimum Rs. 50000/- Maximum Rs.2 lacs.

7.Margin 20% of the cost of Jewelery/Gold.

8.Interest 1.25% less BPLR , presently 11.50% p.a, at monthly rests.

9.Penal Interest To be levied as per prevailing guidelines in this regard from time to time.

10.Repayment Maximum 60 EMIs .However, repayment period not to exceed the age of 65 or retirement age of the borrower, whichever is earlier. Repayment through salary deduction /post dated cheques.

11.Net take home pay (net of EMI )Min. 50% of the gross income of the applicant/ spouse, in the case of non-working women.

12.Security For Loan over Rs.50,000/- liquid securities [NSC/KVP/Insurance Policies-surrender value] for the amount exceeding Rs.50,000/-.

13.Disbursement By DD/ Pay Order favoring the seller ( with the name of the Bank and Account Number). Stamped Receipt/ Invoice for the total cost of jewelery (i.e Loan Amount plus Margin ) to be obtained. Proforma invoice required for a loan amount of Rs. 1 lac and over.

14.Processing Charge For Loan up to Rs.50,000 - Rs.500/- . Over Rs.50,000- 1.10% of the loan amount Min. Rs.500/-

15.Other Charges Stamp charges for documents at actuals.

Loan Agreement copy charges:: As applicable .

BANK OF INDIA- AUTO FINANCE

Star Auto fin

The Scheme provides loan for purchasing 2/4 wheeler vehicles (like car, scooter, motorcycle etc.). Maximum amount of loan is Rs. 25 lacs, depending upon cost of vehicle & income of proponent, at attractive rate of interest and easy repayment plan.

Product BOI Star Auto fin Scheme

Eligibility Salaried employees, Professionals, Self-employed, individuals with high net worth, People engaged in trade/commerce/ business, Pensioners, Farmers, Prop. Firm, Partnership firm, Companies (Pvt./Public Ltd.), Staff Members, Retired employees (other than dismissed/compulsorily retired) of our Bank.

Purpose Purchase of two/four wheeler vehicles (like car, scooter, motorcycle etc.)
Type of Advance:Demand/Term Loan (reducible as per repayment schedule)

Quantum of Loan Max.Rs.25 lacs

Minimum size of loan :-At Metro and Urban Centers : Rs.10,000/-
At Rural and Semi Urban centres: No minimum size of loan.

Eligible Amount i. Salaried employees :- 24 times of monthly Gross emoluments.

ii. Other than Salaried employees, Farmers & Pensioners :-
- Two times of gross average annual income as per last three Income-tax returns.
- In case of Proprietorship/Partnership firm & Company: Two times of average annual Cash accruals (i.e. PAT+ Depreciation) as per their last three Balance - Sheet/ P & L account.

iii. Pensioners : 24 times of monthly pension (Max. loan : Rs. 2 lacs)

iv. Farmers: Depending upon Farmer's income, his repayment capacity/ability to service the debt as is being done in case of agricultural loans.

Rate of Interest (on daily reducing balance)
FOR LOANS UP TO RS.10.00 LACS :

New Vehicles : Repayment up to 3 years : 1.75% below BPLR, Min. 11% p.a. at monthly rests.

Repayment over 3 years : 1.50% below BPLR, Min. 11.25% p.a.

Second hand vehicles : 1.00% below BPLR, Min.11.75% p.a. at monthly rests.
FOR LOANS ABOVE RS.10.00 LACS :

New Vehicles : Repayment up to 36 months - 0.75% below BPLR - Min. 12% p.a. at monthly rests.

Repayment over 3 years - 0.50% below BPLR -Min.12.25% p.a.

Second hand vehicles - @ BPLR - 12.75% p.a.

Repayment
(New Vehicles) Car: Max.72 EMIs
Scooter/motorcycle/Two Wheelers: Max.60 EMIs w.e.f. one month after first disbursement from loan account.

Purchase of Second hand vehicle:- -Age of vehicle : Upto 3 years old from the date of first registration- -Repayment Period : Not to exceed five years.

- Minimum Margin : 30% of depreciated value or value assessed by valuer or sale consideration, whichever is lower.
- Obtention of Comprehensive Insurance Policy.

Security

i. Hypothecation of vehicle to be purchased out of Bank finance.

ii. Charge to be registered with RTO.

Processing/ Handling Charges One time @ 1.10% of the loan amount Min. Rs.750/-, Max. Rs.2500/-

Pensioners : One time @ 1.10% of loan amount Min. Rs.500/- Max. Rs.1,100/-

Agreement charges: Applicable as per Fair Practice Code.

Terms & Conditions apply. Loan at the sole discretion of Bank of India.

For further information, you may contact nearest branch of the Bank.

Click here for Application Forms

BANK OF INIDA -IPO

Star IPO

Product Investing in Capital market - New Issues Bank of India's Star - IPO is a tailor made scheme

Eligibility:Individuals who have PAN Number and De mat account with us.
Purpose To subscribe to Initial Public Offerings (IPO) including through book-building.

Type of Facility Demand Loan

Margin 50% * (subject to RBI directives)

Period of Loan Maximum 60 days

Rate of Interest 0.75% below BPLR. Min.12.00% p.a.

Fee and Charges 0.06% of loan amount exclusive of stamp duty,if any
to be paid.

Quantum of Loan Max. Rs.10.00 lakhs per borrower

* Subject to RBI directives.

Please contact our Zonal Offices at:

1. Mumbai South
2. Mumbai North
3. New Delhi
4. Rajkot
5. Karnataka
6. Pune
7. Vadodara
8. Chennai
9. Ahmedabad
10. Kolkata
11. Chandigarh
12. Hyderabad
13. Indore
14. Nagpur - I
15. Coimbatore
16. Ludhiana
17.Rajasthan
18.Raigad-Thane
19.Gandhinagar

Agreement charges : Applicable as per Fair Practice Code.
For more information, you may contact nearest branch of the Bank. Loan at the sole discretion of Bank of India

Click here for application form

BANK OF INDIA- MORTGAGE LOAN

STAR MORTGAGE LOAN

This scheme provides loan/overdraft facility against mortgage of property at low rate of interest. The scheme is for people engaged in trade, commerce & business and also professionals & self employed, Prop. Firm, partnership firm, companies, NRIs and individuals with high net worth including salaried people, agriculturists and staff members. The product provides an opportunity to customers to borrow against a fixed asset (mortgage of property) at a short notice without much paper work/attendant hassles.


Purpose :

a.To meet the credit needs of trade, commercial activity, other general business, Profession as also for their bona fide requirements.
b. To meet marriage or medical or educational expenses of family members including near relatives.
c. To undertake repairs/renovation/extension to the residence/commercial property.
d. Purchase of consumer durables.
e. To purchase/construct house/flat, purchase of plot.
f. To purchase 2/4 wheeler vehicles.
g. For going on pilgrimage/tours/excursions, etc.
h. Repayment of existing loans from other Banks/FIs

Target customers: (Eligibility) People engaged in trade, commerce and business, Professionals, Self-employed, Prop. Firms, partnership firms, HUFs (excluding NBFC, Trade, partnership firms where HUF is a partner), companies, NRIs, individuals with high net worth, salaried people, agriculturists, staff members.

Type of advance :Demand/Term Loan/Overdraft (reducible as per repayment schedule).
Overdraft facility (not reducible as per repayment schedule) can also be permitted to eligible customers (other than salaried people).

Quantum of advance (Rs. in lacs)
Min. Max.

a. For agriculturists 0.50 2.00
b. For Others :
Individuals/Prop. Firm/ 1.00 50.00
Partnership firm/
Company :
Prop./Partnership 1.00 100.00
firm/company 1.00 100.00

Calculation of quantum of advance: The sanctioned limit is to be related to the value of security & repayment capacity of borrower, subject to :

i. Salaried employees :48 times of monthly net emoluments (take home salary).
OR 4 times of net annual income with other rental income from property etc. based on Income-tax returns ( Average of Last 2/3 years).

ii. Self-employed/professionals/ individuals engaged in trade/ commerce/ business- 4 times of their net annual income based on income-tax returns ( Average of Last 2/3 years).

iii. Proprietorship/Partnership Firm/Company - Four times of Cash-accruals (i.e. PAT+ Depreciation) as per their Audited Balance Sheet/ P & L Account ( Average of Last 2/3 years).

Note:
1. For individuals :

While fixing the limit , it is to be ensured that the net take home pay (net of EMI [national EMI in case of non reducible OD] of proposed advance ) is not less than 30% of gross income of the applicant. For Prop. Firm/Partnership firm/Company: DSCR : Min. 1.5

2. Limit prescribed would be subject to a Maximum of 70% in case of salaried employees(50% in other cases) of value of property or eligibility level, whichever is lower.
Margin Salaried Employees 30% *
Others 50% *

*On value of property [Lower of Market Value /Distress Sale value/Registration Value as on date of valuation] assessed by Bank's approved valuer.

Rate of Interest: @ BPLR, at present 12.75% p.a. at monthly rests. Interest concession for woman beneficiaries 0.25% p.a.[All borrowers to be women]
Repayment

In accounts where regular Overdraft facility is not proposed. :-
Within a period of eight years by way of EMIs. The repayment shall commence from the month subsequent to the month in which final disbursement is made or 6 months from the first disbursement, Whichever is earlier. In case of agriculturists : The repayment will be related to the generation of farm income from crops and other subsidiary activities
.
Security :Equitable/Legal Mortgage charge over property in the name of applicant or his/her spouse or parents or third party. The person in whose name the property to be mortgaged stands should either be a borrower/co-borrower or a guarantor.

Note :

a. The property offered should be a residential or commercial building or a plot of land (residential/commercial).
b. The property should be self occupied or leased out to acceptable individuals, government agencies, PSUs, Corporates, etc.
c. Agricultural land is NOT accepted as security for this facility .

Processing Fees:1. Accounts repayable as per Stipulated installments :-
- One time @ 1% of Loan amount. Min.Rs.1500/- and max. Rs30000/-.

2. Overdraft Limit ( not reducible as per repayment schedule ) :
- 0.25% of the sanctioned limit, Min. Rs.750/- and Max. Rs.7000/- on annual basis.
- Documents charges, advocate fee, architect fee etc. on actual basis.

Loan agreement copy charges : As applicable

Equitable Mortgage Fee General :

i. Limits exceeding Rs.25 lacs up to Rs.50 lacs - Rs.5,750/-
ii. Limits exceeding Rs.50 lacs - Rs.11,500/-

SSI :

BANK OF INDIA i. Limits exceeding Rs.25 lacs up to Rs.50 lacs - Rs.3,000/-
ii. Limits exceeding Rs.50 lacs - Rs.6,000/-
Loan at the sole discretion of the Bank of India. For more information, you may contact nearest branch of the Bank.

Click here for Application Forms

BANK ONDIA- HOME LOANS

STAR HOME LOANS Provides loans to purchase a Plot for construction of a House, to purchase/construct house/flat, as well as for renovation/ repair/alteration/addition to house/flat, furnishing of house. Maximum loan amount is Rs.300 lacs and repayment ranges upto 20 years, with reasonable margin and nominal processing charges. No commitment /administrative charges. The loan is available at very competitive rates of interest, currently available in the industry. Option for different EMI amounts for different periods during tenure of loan to suit customers repayment capacity. Prepayment of Loan permitted Interest is calculated on daily balance basis which is of great advantage to customer as it results in lower interest amount. Loan to NRIs as well as Persons of Indian Origin. Simplified application form/procedures for convenience of customers, and speedy approvals. Free Personal Accident Insurance cover Life Insurance Cover to borrowers for Loan Protection(optional) Please visit our nearest Branch and avail loan to own your dream home

BANK OF INDIA- MITRA PERSONAL LOAN

STAR MITRA PERSONAL LOAN (A SPECIAL LOAN SCHEME FOR THE PHYSICALLY CHALLENGED) Objective To help Physically Challenged persons to function independently. Purpose To purchase durable and sophisticated aids / appliances that promote their physical and social rehabilitation Eligibility All Physically Challenged Individuals – both salaried and self-employed, All Physically Challenged Minors through their Parents/Legal Guardians.(No advances to middle-men and NGOs). Type of Advance Demand / Term Loan - Secured Amount Max.Rs. 1 lac (No minimum stipulation) Eligible Amount 10 times of net salary for salaried persons and 50% of net annual income as per latest Income Tax Return for Self-employed/Professionals. Net take home income should not be less than 40% after availing this loan. (In case of Minors, the income of the Parents/Legal Guardians would be the deciding criteria for eligibility). Margin 10% Repayment 12 to 60 months, commencing one month after full disbursement/ three months after first disbursement, whichever is earlier. Rate of Interest At 9% p.a (Fixed Rate compounded monthly, on daily reducing balance basis). Security Hypothecation of the Equipment purchased out of Bank Finance Insurance Waived. However, Borrower is advised to obtain insurance at his own cost. Processing Charges Waived Other Terms and Conditions . Doctor’s Certificate to be obtained regarding the extent of handicap and the need for the equipment. Quotation/Invoice in respect of the equipment to be purchased. iii. Stamped receipt to be submitted after purchase of the equipment. ALL OTHER TERMS & CONDITIONS INCLUDING DOCUMENTATION OF STAR PERSONAL LOAN SCHEME WILL APPLY

BANK OF INDIA- OVERDRAFT

Clean Loan / OD for financing Health Insurance Premium .
Eligibility	Existing Customers of the Bank
Purpose	For purchase of Insurance Policy-Health from our Insurance Partner. [CCIS Scheme Code 421]
Type of Advance	Demand Loan / Reducible Overdraft
Repayment	Maximum 10 months, commencing from the month following the month of disbursement;
Quantum of Loan	80% of the premium(Margin 20%)
Rate of Interest	1.25% below BPLR, presently 11.50% p.a.
Minimum / Maximum ( Max: as per Personal Loan scheme)	Minimum Rs.5000, (Requirements generally should not exceed Rs. 50,000)
No. of unsecured loans	May avail up to two unsecured loans under star personal loan i.e one for normal purpose and one for payment of insurance premia subject to eligibility for combined limit under Star Personal Loan Scheme.
Loan Renewal	Loan : fresh loan with fresh documentation can be considered on satisfactory closure of earlier loan account. Overdraft : Also, Offered as reducible OD facility (for 10 months)for ease of documentation..
Charges	Stamp Charges for documents : At actuals . Loan Agreement Copy Charges – as applicable

BANK OF INDIA- EDUCATION LOAN

1.OBJECTIVE & PURPOSE: The Star Educational Loan Scheme aims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. The main emphasis is that every meritorious student is provided with an opportunity to pursue education with the financial support on affordable terms and conditions. 2. ELIGIBILITY CRITERIA: a) STUDENT'S ELIGIBILITY: Should be an Indian National; Secured admission to professional/technical courses in India or Abroad through Entrance Test/Merit based selection process. Good academic career. The student should not have outstanding education loan from any other Institution. Father/Mother should be co-borrower. Branch nearest to the permanent residence of student will consider the loan. b) ELIGIBLE COURSE: (i) Studies in India (Indicative list): Graduation courses : BA, B.Com., B.Sc., etc. Post Graduation courses : Masters & Phd. Professional courses : Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc Computer certificate courses of reputed institutes accredited to Department of Electronics or institutes affiliated to university. Courses like ICWA, CA, CFA, etc. Courses conducted by IIM, IIT, IISc, XLRI, NIFT, NID and other Institutes set up by Central/State Govt. Evening courses of approved institutes. Other courses leading to diploma/degree, etc. conducted by colleges/universities approved by UGC/Govt./AICTE/AIBMS/ ICMR, etc. Courses offered by National Institutes and other reputed private institutions with prior approval of Head Office. Courses offered in India by reputed foreign universities with prior approval of Head Office. Note : 1. Professional courses not approved by AICTE and conducted by Institutes not recognised by State Universities is outside the purview of the eligibility under the scheme. 2. Special scheme for students admitted to IITs, at concessional rate of interest. (ii)) Studies abroad: Graduation : For job oriented professional/technical courses offered by reputed universities. Post Graduation : MCA, MBA, MS, etc. Courses conducted by CIMA - London, CPA in USA, etc. 3. EXPENSES CONSIDERED FOR LOAN : Fee payable to college/school/hostel* Examination/Library/Laboratory fee. Purchase of books/equipments/instruments/uniforms. Caution deposit/building fund/refundable deposit supported by Institution bills/receipts. Travel expenses/passage money for studies abroad. Purchase of computers - essential for completion of the course. Insurance cover for the student. Any other expense required to complete the course - like study tours, project work, thesis, etc. * As per brochure/ demand letter from the institution. 4. QUANTUM OF FINANCE : Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings : Studies in India - Maximum Rs.10.00 lakh Studies abroad - Maximum Rs.20.00 lakh. 5. MARGIN : Upto Rs.4 lakh : Nil Above Rs.4 lakh - Studies in India : 5% Studies Abroad : 15% · Scholarship could be included in margin. · Margin to be brought in on year to year basis as and when disbursements are made. 6. SECURITY: Upto Rs. 4 lakh : No security Above Rs.4 lakh & upto Rs.7.5 lakh : Collateral security in the form of a suitable third party guarantee. Above Rs.7.5 lakh : Collateral security of suitable value or at the discretion of the Bank suitable third party guarantee alongwith the assignment of future income of the student for payment of installments. Note : The security can be in the form of land/building/Govt. Securities/Public Sector Bonds/NSC/KVP/LIP/ Banks Term Deposit etc.,in the name of Student/Parent/Guardian/Guarantor with suitable margin. 7. RATE OF INTEREST*: Upto Rs.7.50 lacs - 1.75% below BPLR, Min. 11.00% p.a. Above Rs.7.50 lacs - 0.75% below BPLR, Min. 12.00% p.a. Simple interest during the repayment holiday/moratorium period. Penal interest @2% for loans above Rs.4 lakh for the overdue amount and overdue period. Int. Concession for woman beneficiaries - upto 50,000/- - 0.50% and above 50,000/- - 1.0% 1% int. concession if interest is serviced during moratorium period, where repayment holiday is specified for interest/repayment under the scheme (concession available for moratorium period) 8. INSURANCE : All the student borrowers are offered a specially designed Term Insurance cover and the premium can be included as an item of finance. 9. REPAYMENT: Repayment holiday/Moratorium : Course period + 1 year or 6 months after getting job, whichever is earlier. The loan is to be repaid in 5-7 years after commencement of repayment. 10. BANK CHARGES: Processing/upfront charges For Studies in India- NIL. For Studies Abroad – Rs.1000 for issuance of sanction letter for obtention of VISA. Amount refundable on availing loan. Document /Stamp Charges At Actuals Change of Institution Studies in India – Rs.250/- Studies Abroad- Rs.500/- Agreement(copy to borrower) Xerox charges Loan upto Rs.2 lacs- Rs. 25/-* Loan over Rs.2 lacs- Rs.100/-* Plus copying charge of Rs.1 per page 11. OTHER CONDITIONS : i) Loan to be disbursed in stages as per requirement / demand, directly to the Institution/ Vendors of books/equipments/instruments to the extent possible; ii) Student to produce mark list of previous term/semester before availing next installment ; iii) Student / Parent to provide latest mailing address, in case of any change ; iv) Student /Parent to inform Branch immediately on change of course /completion of studies/termination of studies/ any refund of fees by college /institution /successful placement /obtention of job/change of job etc., On Line facility available for submission of application, tracking of application status and resume completion of incomplete application . For further information, you may contact nearest branch of the Bank. Loan at the sole discretion of Bank of India.

BANK OF INDIA

Our Mission
"to provide superior, proactive banking services to niche markets globally, while providing cost-effective, responsive services to others in our role as a development bank, and in so doing, meet the requirements of our stakeholders".

Our Vision
"to become the bank of choice for corporates, medium businesses and upmarket retail customers and to provide cost effective developmental banking for small business, mass market and rural markets"

BARODA LOAN FOR FINANCING INDIVIDUALS FOR SUBSCRIPTION TO PUBLIC ISSUEDS/IPO

Do you wish to invest in Public Issues of reputed companies? Bank of Baroda's loan product for Financing Subscription to Initial Public Offers is designed just for you. So make your smart investment decisions and avail of the benefits. Key Benefits You can avail loan up to Rs. 10.0 lacs for subscribing to new issues. Loan offered at affordable /competitive interest rate. Invest now pay within maximum period of 90 days. Option to continue the loan thereafter by availing loan against allotted shares. Terms & Conditions Loan Amount: Maximum Rs. 10 Lacs Margin: 50% of the issue price including premium or Bid Price. Loan Period: 90 Days Rate of interest: Click here for details Security Pledge of the shares to be allotted. Earmarking of the refund to be credited in the savings account of the borrower. Letter of Authority. Service Charges: Rs. 300/- Documents required: As per Bank’s norms. Loan under the scheme is available only at selected branches For further details, please contact the Bank of Baroda Branch nearest to you.

BARODA- ASHRAY (REVERSE MORTGAGE LOAN)

Purpose: For supplementing the cash flow stream of senior citizens in order to address their financial needs. Eligibility: Should be Senior Citizen of India, above 60 years of age. Married couples will be eligible as joint borrowers provided one of them is above 60 years of age and age of spouse is not below 55 years at the time of application. Should be the owner of a residential property (house or flat) located in India in his/her own name. Residential property should be used as permanent primary residence (fully self occupied property). The Commercial property will not be taken as a security under the product. Maximum Amount: The maximum loan amount inclusive of interest for entire tenure of the loan shall be restricted to Rs. 1 crore subject to value of the property. Option to adjust payments: The Bank shall have the option to revise periodic annuity amount, if lump-sum payment is taken or at the interval of every 5 years based on valuation of the property. Repayment of Loan: The loan shall become due and payable when the last surviving borrower dies or would like to sell the home / permanently moves out of the home for aged care to an institution or relatives. The loan will, as such, become due for recovery and payable. Settlement of loan, along with accumulated interest, to be met by the proceeds received out of sale of residential property. The borrower(s) or his/her/their estate shall be provided with the first right to settle the loan along with accumulated interest, without sale of property. A reasonable period of 2 months may be provided when repayment is triggered, for house to be sold. Rate of interest: Available at Fixed Rate Option (Subject to re-set clause after every 5 years) or at Floating Rate Option. For present rate of interest Click here. Security: Simple / Equitable mortgage of the Residential property. Tenure: 15 years. The tenure may further be extended till survival of the borrower/s subject to advance value of the property. Insurance: Insurance of the residential property mortgaged to the bank shall be regularly taken. The premium charges are to be borne by borrower. The product is available at selected branches. Please click here for details of branches.

BARODA- LOAN FOR LAPTOP AND PERSONAL COMPUTER

The number of businesses and homes depending on computers for a more efficient and systematic, day to day management of activities is on the rise. Whether it helps your kid's education or augments your business activities, or provides as a source of information and entertainment at home, computers have proved to be indispensable. Although computers are getting cheaper by the year, they still come with a considerably high price tag. Bank of Baroda's Loan for Laptop & Personal Computer enable you to finance your dream PC / LAPTOP and also provide for the purchase of legal software Key Benefits Provides adequate finance to purchase a branded PC / Laptop of your choice. Finance available for hardware (up to Rs. 1 Lakh) as well as software (up to 20,000/-). For more details on the terms and conditions that will enable you to avail of this finance option, CLICK HERE.

BARODA -CAREER DEVELOPMENT

Gainfully employed persons intend to pursue higher education, vocational courses, trainings, pilot trainings, skill up gradation, diploma or degree courses offered in aviation, hospitality and travel management, executive development etc. in India / abroad. To help the future management leaders acquire higher specialized managerial skills and dominate the global arena, Bank of Baroda brings to you Baroda Career Development, a unique loan facility for working persons. Terms & Conditions Eligiblity of Courses : Graduate, Post Graduate, Diploma, Professional Courses, Specialization courses offered by reputed Universities/ Institutions (Indian or Overseas), having assured employment prospects, Skill up gradation courses offered by various institutes (Indian/Overseas), having assured employment prospects, Courses offered by Hospitality Management Institutes for Skill upgrade/Short course/ Training etc. Pilot Training Courses, offered by reputed Institutions (Indian or Overseas), approved by Director General of Civil Aviation (DGCA) /International Civil Aviation Organization (ICAO). Student Eligiblity : Should be an Indian National. Have secured admission to the course through entrance test / merit based selection process. Maximum Quantum of Loan : Need based finance subject to repaying capacity of applicant, based on present / expected income after completion of the course. In India: Rs. 10.00 Lacs. Abroad : Rs. 20 Lacs. Coverage of expenses : Tuition Fees, Examination/ Library fee etc. charged by the Institution. Hostel fees. Cost of Books, equipments, instruments, etc. Personal Computers/ Laptops, wherever required. Any other expenses required to complete the Course viz: Study Tours, Project works, thesis, etc. Margin : 15% (Any scholarship / assistantship, if received, would not be included in margin). Repayment Period : Maximum 60 EMIs. Repayment Holiday : Course period + 6 months or 3 months after getting a job, whichever is earlier. Security : 100% tangible collateral security by way of mortgage of property or assignment of securities NSC, KVP, LIC policy, FDR etc. Personal guarantee of Father / mother of the applicant or any other person having sufficient worth. RATE OF INTEREST: (CLICK HERE FOR CURRENT INTEREST RATES). PROCESSING CHARGES: (CLICK HERE FOR DETAILS) For further details, please contact the Bank of Baroda Branch nearest to you.

BARODA- TRADERS LOAN

The Baroda Traders Loan facility enables individuals, Proprietorships, bodies such as Partnership firms and Co-op societies to avail of working capital or undertake development of shop by way of loan/overdraft. Dealers in gold/ silver jewelry are also covered under the scheme.

Key Benefits

• Option to avail the credit facility as loan or overdraft.
• Advance available up to Rs. 200 Lacks.
• Loan can be repaid in a maximum period of 60 months.

Terms & Conditions

• The business units should have been established in the line of business for a minimum period of 2 years
• Loan limits
• Minimum : Rs. 25,000/-
• Maximum : Rs. 200 Lakhs
• Margin
• 40% on market value of immovable property.
• 10% on Bank's own Fixed Deposits.
• 15% on face value of NSCs, Govt. Bonds, surrender value of LIC policies.

• Security
• Tangible collateral Securities in the form of mortgage of land (not agricultural land) and building is acceptable as security
• National Savings Certificates, Government Bonds, our Bank's Term Deposits, Assignment of Life Insurance Policies, standing in the name of the borrower/proprietor/partner/director are acceptable as security.

RATE OF INTEREST: (CLICK HERE FOR CURRENT INTEREST RATES).
PROCESSING CHARGES: (CLICK HERE FOR DETAILS)

For further details, please contact the Bank of Baroda Branch nearest to you.