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Bank announces Financial Results for quarter ended, 30th September 2024.
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Bank of Baroda deposit plans offer convenient solutions to both working individuals as well as senior citizens. These deposits are categorised into deposits with a term period of less than 12 months, more than 12 months and recurring deposits.
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Bank of Baroda focuses on its employees, offering a career rather than just a job. Various initiatives are in place to groom employees throughout their life cycle. A comprehensive talent management system to groom future leaders of the bank.
Bank of Baroda offers various types of personal banking cards such as Credit, Debit, Prepaid, Business & Travel Cards. Choose the one best suited card for your needs.
Special interest rates for children of Defence personnel under Baroda Yoddha Education Loan Scheme:
Special concession in ROI @ 0.50% for female students is available.
Additional Risk Premium @ 0.10% (All Education loans above Rs 7.50 lakhs) over the above rates would be applicable for customers not obtaining Group Credit Life/ Life Insurance cover to the extent of the loan amount.
Further, there are 12-colleges/Institutions as under governed by “Army Welfare Education Society”. For study in these institutes, Loan to children of defence personal to be considered with following relaxation in parameters.
Parameters:
All other guidelines and criteria shall be remain unchanged.
Frequently Asked Questions (FAQs)
The Baroda Yoddha Education Loan is an education loan for defence personnel that offers the children of defence personnel to pursue their educational aspirations without financial constraints.
There are multiple modes of application for applying to the Baroda Yoddha Education Loan-
The Baroda Yoddha Education Loan extends its eligibility to the children of defence personnel, offering them the opportunity to access financial support for their educational pursuits.
There is no country restriction for this particular education loan for defence personnel.
The maximum amount of education loan for defence personnel is set at Rs. 150 lakhs for overseas studies and Rs. 125 lakhs for studying in India through the Baroda Yoddha Education Loan scheme.
The Baroda Yoddha Education Loan covers all necessary expenses related to the course, excluding the cost of external coaching or tuition.
Yes, the Baroda Yoddha Education Loan scheme allows an applicant to apply again for the education loan for defence personnel.
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