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  #1  
Old December 23rd, 2011, 03:10 AM
Bipul Goswami
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Default Bank of India education loan

I want to do MBA from abroad but I can not afford its expenses so I want to take education loan from Bank of India. Can you tell me what the interest rate is for loan at the bank and what important documents I have to submit for taking loan from this bank?
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  #2  
Old January 7th, 2012, 11:54 PM
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Default Re: Bank of India education loan

Hello Bipul,

Here is the eligibility criterion needed for applying for education loan at the Bank of India:

Candidates must be an Indian
They must have Good academic career.
Their Father/Mother should be co-borrower.

These are the expenses covered in the amount of loan:
Fee payable to college/school/hostel, Examination/Library/Laboratory fee, Purchase of books/equipments/instruments/uniforms, Purchase of computers - essential for completion of the course, Travel expenses/passage money for studies abroad


To get more information about the education loan please visit at the following address:

BANK OF INDIA
STAR HOUSE
C - 5, "G" Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051
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  #3  
Old March 16th, 2012, 08:07 PM
esha deol
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Default Bank of India Education Loan Interest Rate

My son is taking admission in B.Tech course in Rajasthan Technical University so for his study I have to take education loan. I want to know that what is education loan interest rate in Bank of India?
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  #4  
Old March 14th, 2013, 05:16 PM
Ajay kumar dwivedi
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Cool Re: Bank of India education loan

Sir. Hum 1 chote se pariwar se hai janha income kuch bhi nahi hai.mere father farmer hai wo bhagwan par bharosa kerne wale insan hai.mere ghar ki halat kharab hone ke karan mughay company me work kerna padta hai.sir mera 12th hai me fucher me kuch kerna chahta hoon.so please help me
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  #5  
Old April 4th, 2014, 03:36 PM
Sashwat's Avatar
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Join Date: Jun 2011
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Default Re: Bank of India education loan

Bank of India (BOI) Education Loan Schemes main objective is to provide financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. Following are the details of it:

STUDENT'S ELIGIBILITY:
Should be an Indian National;
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.
Secured admission to professional/technical courses in India or Abroad through Entrance Test/Merit based selection process.

QUANTUM OF FINANCE :
Studies in India - Maximum Rs.10.00 lakh
Studies abroad - Maximum Rs.20.00 lakh.

Bank of India education loan details

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