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Baroda Education Loan for being offered by Premier Institutions in India

An education loan for resident Indians employed during study at listed /A/B/C premier institutions. The current page publishes category-based /base-rate spreads, no processing fee, ₹7,500 per mortgaged property, course-period-plus-three-month moratorium, 10–15-year post-moratorium repayment and a ₹20 lakh maximum; its summary/ separately says up to ₹80 lakh, so the official conflict is retained.

Interest rateFloating spreads from BRLLR −1.05% for the top 10 IIMs/IITs to BRLLR +0.50% for list C institutions; fixed spreads vary by category and amount.Maximum financeUp to ₹20 lakh.Maximum amountApply for an EDP Education Loan. Get up to Rs. 20 lakh to pursue your Executive Development Programme (EDP) at premier institutions in India. Apply online today!

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✓ Manually checked 29 Sept 2026 · active

Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Interest rateFloating spreads from BRLLR −1.05% for the top 10 IIMs/IITs to BRLLR +0.50% for list C institutions; fixed spreads vary by category and amount.View source

The official page publishes floating spreads for the top 10 IIMs/IITs and through C lists.

Source: Baroda Education Loan for being offered by Premier Institutions in India
Page / section: Interest rates & charges
Accessed: 21 Aug 2026
Confidence: high

Open official source ↗

Maximum financeUp to ₹20 lakh.View source

The states maximum finance of ₹20 lakh.

Source: Baroda Education Loan for in Premier Institutions in India — official page
Page / section: — Quantum of finance
Accessed: 29 Aug 2026
Confidence: high

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Maximum tenureUp to 120 instalments after the moratorium for loans up to ₹7.50 lakh and up to 180 instalments for larger loans; maximum 10–15 years after the moratorium.View source

The page publishes the course-plus-three-month moratorium and 120/180-instalment repayment bands.

Source: Baroda Education Loan for being offered by Premier Institutions in India
Page / section: — Repayment Period
Accessed: 21 Aug 2026
Confidence: high

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Processing feeNil for all cases; ₹7,500 per mortgaged property for advocate and valuer charges.View source

The unified processing section states NIL for all cases and ₹7,500 per mortgaged property for advocate/valuer charges.

Source: Baroda Education Loan for in Premier Institutions in India — official page
Page / section: — Unified Processing charges
Accessed: 29 Aug 2026
Confidence: high

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EligibilityResident Indian, admitted to a listed premier-institution executive development programme in India and gainfully employed throughout the study period.View source

The page requires residence in India, listed programme admission and continuing employment.

Source: Baroda Education Loan for being offered by Premier Institutions in India
Page / section: Eligibility
Accessed: 21 Aug 2026
Confidence: high

Open official source ↗

Loan typeEducation loanView source

The official product name identifies this as “Baroda Education Loan for being offered by Premier Institutions in India”.

Source: Baroda Education Loan for being offered by Premier Institutions in India — official product page
Page / section: Official product name and loan classification
Accessed: 15 Aug 2026
Confidence: high

Open official source ↗

Repayment periodCourse period plus three-month moratorium; maximum 120 instalments for loans up to ₹7.50 lakh and 180 instalments above ₹7.50 lakh, within a 10–15 year repayment period after moratorium.View source

The page publishes course period + 3 months and 120/180 instalment caps, with maximum 10–15 years after moratorium.

Source: Baroda Education Loan for in Premier Institutions in India — official page
Page / section: — Repayment Holiday / Repayment Period
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Prepayment chargeFor a fixed-rate education loan, prepayment from the borrower’s own source is nil. A takeover by another lender attracts 0.50% of the outstanding amount at takeover; where there is more than one account, the charge is calculated separately for each account.View source

The current schedule states nil for the borrower’s own source and 0.50% of outstanding at takeover by another lender for fixed-rate Education Loan accounts, calculated separately for multiple accounts.

Source: Service Charges — Bank of Baroda official schedule
Page / section: Pre-Payment Charges under Fixed Rate Retail Loans — Education Loan
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Maximum amountApply for an EDP Education Loan. Get up to Rs. 20 lakh to pursue your Executive Development Programme (EDP) at premier institutions in India. Apply online today!View source

The manually reviewed product summary states: “Apply for an Education Loan. Get up to Rs. 20 lakh to pursue your Executive Development Programme () at premier institutions in India. Apply online today!”.

Source: Baroda Education Loan for being offered by Premier Institutions in India — official product page
Page / section: Published loan terms in product summary
Accessed: 15 Aug 2026
Confidence: high

Open official source ↗

Geographic limitsResident Indian, admitted to a listed premier-institution executive development programme in India and gainfully employed throughout the study period.View source

The manually reviewed product record states: “Resident Indian, admitted to a listed premier-institution executive development programme in India and gainfully employed throughout the study period.”.

Source: Baroda Education Loan for being offered by Premier Institutions in India — official product page
Page / section: Published product metadata
Accessed: 15 Aug 2026
Confidence: high

Open official source ↗

Benchmarkspreads from BRLLR −1View source

The manually reviewed product record states: “Floating spreads from −1.05% for the top 10 IIMs/IITs to +0.50% for list C institutions; fixed spreads vary by category and amount.”.

Source: Baroda Education Loan for being offered by Premier Institutions in India — official product page
Page / section: Published product metadata
Accessed: 15 Aug 2026
Confidence: high

Open official source ↗

Rate-conversion chargeIf BOB permits a rate switch on the account: 0.10% of the outstanding balance plus undisbursed amount; minimum ₹5,000 + GST and maximum ₹1,00,000 + GST per account per conversion.View source

The education-loan service-charge page gives this fee for a borrower-requested rate switch. It is not the ordinary reset; product/sanction terms determine whether a separate switch is available.

Source: Service Charges — Bank of Baroda
Page / section: Conversion Charges — Education Loan, lines 950–967
Accessed: 27 Sept 2026
Confidence: high

Open official source ↗

Benefits and features

No processing charge, no margin up to ₹4 lakh and a free debit card are published benefits.
Interest starts from 6.85% in the page's headline rate display, with category-based floating and fixed spreads listed in the rate tables.
Maximum finance is ₹20 lakh; margin is nil up to ₹4 lakh and 5% above ₹4 lakh.
Moratorium is the course period plus three months; repayment can run up to 120 or 180 instalments by loan size and up to 10–15 years after the moratorium.
Collateral-free finance is available up to ₹15 lakh; a 100% collateral security is required above ₹15 lakh.

Eligibility

Resident Indian, admitted to a listed premier-institution executive development programme in India and gainfully employed throughout the study period.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

of applicant and co-applicants.
Academic records, proof of admission and entrance-exam result where applicable.
Statement of study cost or schedule of expenses, income proof, employment proof and the last six months' bank-account statement.
Property documents where applicable.

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees

Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees

Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

TableVariantChoose column

in India · Maximum finance₹20 lakh

This value is copied from education-loan variants — published limits and charges. Check the table notes before relying on it.

Source: Baroda Education Loan pages — official terms · — Quantum, Repayment and Unified processing charges Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 2 rows · 4 columnsEDP education-loan variants — published limits and chargesFinance, moratorium and processing terms for EDP study in India and abroad.View tableHide table

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EDP education-loan variants — published limits and charges
Variant	Maximum finance	Moratorium	Processing charge
in India	₹20 lakh	Course period + 3 months	Nil; ₹7,500 per mortgaged property
abroad	₹80 lakh	Course period + 3 months	1% capped at ₹10,000, refundable on first disbursement; ₹7,500 per mortgaged property

Repayment is capped at 120 instalments up to ₹7.50 lakh and 180 instalments above ₹7.50 lakh.

Baroda Education Loan pages — official terms · — Quantum, Repayment and Unified processing charges · accessed 29 Aug 2026Open official source ↗

Table 2 · 3 rows · 4 columnsBaroda education-loan variant termsComparison-ready terms transcribed from the three official variant pages.View tableHide table

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Baroda education-loan variant terms
Variant	Rate and eligibility	Repayment / charges	Missing-field result
in India	category spreads; resident Indian, admitted to listed and gainfully employed during study	Maximum ₹20 lakh; course period + 3 months; 10–15 years after moratorium; nil processing and ₹7,500 per mortgaged property	No numeric minimum income, or prepayment rule published
Premier institutions in India	spreads by List /A/B/C; Indian national with admission to qualifying premier institution	Up to 15 years after course-period + 1-year moratorium; study-in-India processing nil; ₹8,500 per mortgaged property	No numeric minimum income, or prepayment rule published
abroad	+2.00% up to ₹7.50 lakh and +2.35% above; resident Indian, employed during application and study	Maximum ₹80 lakh; course period + 3 months; 10–15 years after moratorium; 1% processing capped ₹10,000 and ₹7,500 per mortgaged property	No numeric minimum income or ; own-source prepayment nil, lender takeover 0.50%

The pages' 0.00% effective-rate displays are not treated as . Employment or income-proof requirements are retained without inventing a numeric salary threshold.

Bank of Baroda education-loan variant pages · Eligibility; Interest rates & charges; Service Charges; Pre-payment charges; · accessed 29 Aug 2026Open official source ↗

Table 3 · 3 rows · 2 columnsBank of Baroda education loans — fixed-rate prepayment rulesPublished prepayment treatment from the current Service Charges schedule for the reviewed premier-institution education-loan products.View tableHide table

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Bank of Baroda education loans — fixed-rate prepayment rules
Repayment source	Charge
Borrower’s own source	Nil
Takeover by another lender	0.50% of outstanding amount at takeover
Multiple accounts	Calculate the charge separately for each account

This rule is specifically for fixed-rate education loans. Floating-rate or product-specific contractual terms should be checked in the sanction documents.

Service Charges — Bank of Baroda official schedule · Pre-Payment Charges under Fixed Rate Retail Loans — Education Loan · accessed 29 Aug 2026Open official source ↗

Table 4 · 11 rows · 2 columnsBOB education-loan service charges — dated and conditional scheduleView tableHide table

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BOB education-loan service charges — dated and conditional schedule
Charge / loan route	Published amount and condition
Rate conversion — when borrower switches interest rate	0.10% of outstanding balance plus undisbursed portion; minimum ₹5,000 + and maximum ₹1,00,000 + per account for each conversion
Fixed-rate education loan prepayment — borrower's own funds	Nil
Fixed-rate education loan takeover by another lender	0.50% of outstanding amount at takeover; calculate separately for each account
Education Loan — study in India	Nil
Education Loan — study abroad	1% of loan amount, capped at ₹10,000; recovered upfront and refundable on first disbursement
Education Loan — premier institutions in India	Nil
Education Loan — vocational education and training	Nil
Education Loan — career development	0.50%
Advocate and valuer where property is mortgaged	₹8,500 per property, non-refundable; not applicable to Vidyalaxmi's nil-security terms
Mortgage-creation charge for education loans	Nil
Education Loan deviation charge	Nil

The education-loan service-charge table is headed excluding and effective 20 June 2019; the current page does not state a later date for this table.
says this schedule applies where no specific customer-level pricing approval or sanction is in place. The conversion entry explicitly includes in its minimum and maximum; applicability is not added to rows that do not state it.
Vidyalaxmi's own scheme page states nil unified processing charges and nil security; the general study-abroad, career-development and mortgaged-property lines are not substituted for those scheme terms.

Service Charges — Bank of Baroda · Conversion charges, lines 950–967; fixed-rate prepayment, lines 1029–1037; Education Loan service-charge table, lines 1055–1120; deviations, lines 1128–1129 · effective 20 Jun 2019 · accessed 27 Sept 2026Open official source ↗

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Baroda Education Loan for EDP being offered by Premier Institutions in India

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

Baroda Advance Against Securities (Kisan Vikas Patra / e KVP)

Baroda Advance Against Securities( Life Insurance Policies)

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Baroda Advance against the securities (Relief Bonds /Government Bonds)

Baroda Education Loan for being offered by Premier Institutions in India