Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Maximum financeUp to ₹1.50 crore for an institution in the listed Premier Institutions category and up to ₹60 lakh for an institution outside that list.View source
The publishes ₹150.00 lakh for listed premier institutions and ₹60.00 lakh for institutions not specified in the list.
- Source
- Baroda Scholar — current official page review
- Page / section
- — Quantum of finance; — maximum loan
- Accessed
- 15 Sept 2026
- Confidence
- high
Processing and related chargesNil processing charge up to ₹7.50 lakh. Above ₹7.50 lakh, 1% of the loan amount capped at ₹10,000; for premium institutions this charge is refunded on first disbursement. PMVLP charge is ₹200 for all cases. Where property is mortgaged, ₹8,500 per property is collected upfront for advocate/
The page states service charges excluding effective 20 April 2022, the ₹200 PM charge, processing bands/refund and ₹8,500 per mortgaged property; no mortgage-creation charge.
- Source
- Baroda Scholar — current official page review
- Page / section
- Interest rates & charges — Service Charges; PMVLP; Unified Processing Charges; notes
- Accessed
- 15 Sept 2026
- Confidence
- high
EligibilityStudent must be going abroad for professional or technical studies and be admitted to the notified institution and course; admission may be through the listed entrance-test or merit-selection route. The FAQ says there is no specific age restriction for the student, and the loan can cover MBA, MCA and MS abroad.View source
The page requires admission to a notified institution/course and the confirms no specific student-age restriction and //MS eligibility.
- Source
- Baroda Scholar — current official page review
- Page / section
- Introduction; Eligibility;
- Accessed
- 15 Sept 2026
- Confidence
- high
Loan typeEducation loan for students going abroad for professional or technical studies, including job-oriented graduation, post-graduation and approved certificate courses.View source
The page describes Baroda Scholar as an education loan for students going abroad for professional/technical studies and lists , , MS and other approved courses.
- Source
- Baroda Scholar — current official page review
- Page / section
- Introduction; Features; — Target group
- Accessed
- 15 Sept 2026
- Confidence
- high
Fixed-rate prepaymentNil when prepaid from the borrower's own source. For takeover by another lender, 0.50% of the outstanding amount at takeover; where there is more than one account, calculate the charge separately for each account.View source
The prepayment table lists borrower own source nil and takeover by other lenders 0.50% of outstanding, calculated separately per account.
- Source
- Baroda Scholar — current official page review
- Page / section
- Interest rates & charges — Pre-payment charges under fixed rate loan
- Accessed
- 15 Sept 2026
- Confidence
- high
Maximum repayment tenureRepayable in maximum 10–15 years after the moratorium. The moratorium is the course period plus one year for the standard Baroda Scholar guideline; repayment is capped at 120 instalments for loans up to ₹7.50 lakh and 180 instalments above ₹7.50 lakh.View source
The official repayment section states maximum 10–15 years after the moratorium, with 120 instalments up to ₹7.50 lakh and 180 instalments above it.
- Source
- Baroda Scholar — official product page
- Page / section
- — Repayment Period
- Accessed
- 29 Aug 2026
- Confidence
- high
Repayment tenureMaximum 10–15 years after the moratorium. Loans up to ₹7.50 lakh allow a maximum of 120 instalments; loans above ₹7.50 lakh allow a maximum of 180 instalments.View source
The gives 10–15 years after moratorium and 120/180 instalment caps by loan amount.
- Source
- Baroda Scholar — current official page review
- Page / section
- — Repayment Period
- Accessed
- 15 Sept 2026
- Confidence
- high
MarginPremier institutions: nil up to ₹4 lakh, 15% above ₹4 lakh through ₹7.50 lakh, and nil above ₹7.50 lakh. Non-premier institutions: nil up to ₹4 lakh, 15% above ₹4 lakh through ₹7.50 lakh, and 10% above ₹7.50 lakh.View source
The publishes separate premier and non-premier margin bands by ₹4 lakh and ₹7.50 lakh thresholds.
- Source
- Baroda Scholar — current official page review
- Page / section
- — Margin
- Accessed
- 15 Sept 2026
- Confidence
- high
MoratoriumCourse period plus one year.View source
The states the repayment holiday/moratorium is the course period plus one year.
- Source
- Baroda Scholar — current official page review
- Page / section
- — Repayment Holiday / Moratorium Period
- Accessed
- 15 Sept 2026
- Confidence
- high
Covered expensesCollege/
The enumerates fees, materials, deposits capped at 10% of tuition, insurance, study/travel expenses and excludes external coaching/ tuition.
- Source
- Baroda Scholar — current official page review
- Page / section
- — Coverage of expenses for
- Accessed
- 15 Sept 2026
- Confidence
- high
SecurityUp to ₹4 lakh: parent co-obligation and no security. Above ₹4 lakh to ₹7.50 lakh: suitable third-party guarantee plus assignment of future income. Above ₹7.50 lakh to ₹80 lakh: tangible collateral equal to 100% of the loan plus future-income assignment. Above ₹80 lakh: total security coverage of 1.25 times the loan plus future-income assignment. The page repeats the 100% tangible-collateral rule for loans above ₹7.50 lakh; the selected sanction band should be confirmed.View source
The lists parent co-obligation/no security up to ₹4 lakh, third-party guarantee through ₹7.50 lakh, 100% tangible collateral through ₹80 lakh and 1.25x above ₹80 lakh; a later paragraph repeats the above-₹7.50-lakh rule.
- Source
- Baroda Scholar — current official page review
- Page / section
- — Security; post-security note
- Accessed
- 15 Sept 2026
- Confidence
- high
DisbursementDirect to school/institution/hostel term-wise or year-wise in stages according to requirement or demand; direct to book sellers/shops for books, instruments and equipment. If the institute does not provide a hostel, the student may arrange lodging, with lodging/boarding paid directly to the establishment after bonafide verification.View source
The provides staged direct disbursement and a verified direct-payment route for self-arranged lodging where no institute hostel exists.
- Source
- Baroda Scholar — current official page review
- Page / section
- — Disbursement
- Accessed
- 15 Sept 2026
- Confidence
- high
Financing branchA branch close to the parent's permanent residence or the parent's place of posting/service may finance the loan.View source
The Financing Branch row specifies the parent's permanent residence or posting/service branch.
- Source
- Baroda Scholar — current official page review
- Page / section
- — Financing Branch
- Accessed
- 15 Sept 2026
- Confidence
- high
InsuranceGroup Credit Life Insurance is mandatory when the loan exceeds ₹7.50 lakh. The premium may be financed in the project cost and recovered with EMIs; alternatively, the student may provide a term-insurance plan from an IRDA-approved insurer.View source
The Insurance section makes Group Credit Life mandatory above ₹7.50 lakh and gives the financed-premium/-approved alternative.
- Source
- Baroda Scholar — current official page review
- Page / section
- — Insurance
- Accessed
- 15 Sept 2026
- Confidence
- high
Required documentsKYC of applicant and co-applicants; academic records; proof of admission; entrance-exam result where applicable; statement of study cost or schedule of expenses; income proof for salaried co-applicant/
The page enumerates , academic/admission, cost, income, six-month bank statement and conditional property documents.
- Source
- Baroda Scholar — current official page review
- Page / section
- Documents Required
- Accessed
- 15 Sept 2026
- Confidence
- high
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
Interest rateFloating: BRLLR + 0.55% for listed premier institutions; BRLLR + 2.00% up to ₹7.50 lakh and BRLLR + 1.05% above ₹7.50 lakh for non-premier institutions; BRLLR + 1.05% for the published defence-personnel row; Canada non-premier BRLLR + 2.00% up to ₹7.50 lakh and BRLLR + 2.55% above. Fixed: Base Rate + 2.00% up to ₹7.50 lakh and BRLLR + 2.55% above for premier institutions; Base Rate + 2.00% up to ₹7.50 lakh and BRLLR + 3.05% above for non-premier institutions. The page also publishes a 0.20% concession for a girl child only for non-premier institutions, not premier institutions. Interest during the holiday is charged at monthly rests; overdue amounts above ₹4 lakh attract penal interest of 2% p.a. The displayed 0.00% effective widgets are not APR.View source
The complete current page publishes the spread rows, fixed rows, girl-child concession, monthly-rest holiday interest and 2% overdue-interest note; no is inferred from the 0.00% widgets.
- Source
- Baroda Scholar — current official rate tables and conditions
- Page / section
- Floating and Fixed Interest Rates & Charges; ; rate concessions and overdue-interest notes
- Accessed
- 29 Sept 2026
- Confidence
- high
BenchmarkThe product is priced against the Bank of Baroda Repo Linked Lending Rate (BRLLR) for the published floating rows; the fixed table also uses Base Rate for loans up to ₹7.50 lakh and BRLLR for higher bands.View source
The page labels the floating rows + spread and the fixed rows Base Rate/ + spread.
- Source
- Baroda Scholar — current benchmark rows
- Page / section
- Floating and Fixed Interest Rates & Charges tables
- Accessed
- 29 Sept 2026
- Confidence
- high
Eligible courses and premier-institution listsStudy-abroad professional and technical graduation/
The current page links four official institution tables; every linked page and institution row was reviewed and retained as source evidence.
- Source
- Baroda Scholar — eligible courses and premier-institution lists
- Page / section
- Eligibility lines 223–236; linked list pages reviewed in full
- Accessed
- 29 Sept 2026
- Confidence
- high
Premier-institution list coverageOfficial linked PDFs: Management 171 institutions (9 pages; rows on pages 1–5), STEM 263 institutions (7 pages), Medical 100 institutions (3 pages), and Other courses 40 institutions (2 pages). Each list's full university/
The product page links four complete institution tables; row counts were checked against every page and final serial number.
- Source
- Baroda Scholar — premier institution register
- Page / section
- List of Premium Institutions links and complete linked tables
- Accessed
- 29 Sept 2026
- Confidence
- high
Girl-child rate concession0.20% p.a. concession for a girl child at a non-premier institution; the page states no concession for a premier institution.View source
The page repeats that a 0.20% girl-child concession is available for non-premier institutions and not for premier institutions.
- Source
- Baroda Scholar — rate concession note
- Page / section
- Floating and Fixed rate table notes
- Accessed
- 29 Sept 2026
- Confidence
- high
Penal interest2% p.a. on the overdue amount when the loan amount exceeds ₹4 lakh.View source
The current page states penal interest at 2% p.a. on overdue amounts when the loan amount exceeds ₹4 lakh.
- Source
- Baroda Scholar — overdue-interest note
- Page / section
- Interest rates & charges notes
- Accessed
- 29 Sept 2026
- Confidence
- high
Benefits and features
- For premium institutions, a 1% processing charge (maximum ₹10,000) above ₹7.50 lakh is refunded when the first disbursement is made.
- No processing charge up to ₹7.50 lakh.
- Free debit card.
- No documentation charges.
- No security up to ₹7.50 lakh.
Eligibility
- The student must be going abroad for approved professional or technical studies and have admission to the notified institution and course.
- Eligible courses include job-oriented graduation and post-graduation courses such as , and MS, recognised certificate courses, and approved aviation, shipping, law, economics, arts, design, medical, management and STEM programmes.
- Courses or institutions outside the listed premier categories may be considered under the normal study-abroad education-loan scheme without preferential treatment.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- documents of the applicant and co-applicants.
- Academic records.
- Proof of admission.
- Entrance-examination result, where applicable.
- Statement of cost of study or schedule of expenses.
- Income proof for a salaried co-applicant or guarantor, where applicable.
- Bank-account statement for the last six months.
- Property documents, where applicable.
Related official documents
Bank of Baroda Service Charges — education-loan charge schedules checked 27 September 2026official-service-charge-page · current · accessed 27 Sept 2026
↗Bank of Baroda loan APR auditofficial-product-pages-and-rate-table · current-at-review · accessed 29 Sept 2026
↗Baroda Scholar — official product pageofficial-product-page · current · accessed 29 Aug 2026
↗Baroda Scholar — official spotlight image routeofficial-product-image · blocked-cache-miss · accessed 29 Sept 2026
↗Baroda Scholar — premier institutions abroad for management coursesofficial-linked-pdf · current · accessed 29 Sept 2026
↗Baroda Scholar — premier institutions abroad for medical coursesofficial-linked-pdf · current · accessed 29 Sept 2026
↗Baroda Scholar — premier institutions abroad for law, economics, arts, performing arts and designofficial-linked-pdf · current · accessed 29 Sept 2026
↗Baroda Scholar — official pageofficial-product-page · current · accessed 29 Aug 2026
↗Baroda Scholar — current official page reviewofficial-product-page · current; visible page reviewed; linked institution-list documents not separately retrievable in this access · accessed 15 Sept 2026
↗Baroda Scholar — current official product page, complete reviewofficial-product-page · current · accessed 29 Sept 2026
↗Retail Loans Interest Rates — Baroda Scholar rowsofficial-rate-page · current · accessed 15 Sept 2026
↗Retail Loans Interest Rates — current Baroda Scholar rowsofficial-rate-page · current · accessed 29 Sept 2026
↗Baroda Scholar — premier institutions abroad for STEM coursesofficial-linked-pdf · current · accessed 29 Sept 2026
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