Bank of Baroda



Business > Loans & Advances > SME
 

 
Branch Locator
Calculators
Application Forms
BOBCards
Important Links




Deposits  |  Loans & Advances  |  Services  |  Lockers


Baroda Vidyasthali Loan

Baroda Vidyasthali Loan is a special scheme for financing Educational Institutions.

PURPOSE

To meet the financial requirements for setting up the institutions which includes construction of building, purchase of equipment etc. for the new set up as also renovation of the existing facilities, purchase of instruments for imparting education training to the students.

ELIGIBILITY

Educational institutions, Schools, Colleges and other education bodies running education activities

Note : HUF are not eligible.

LIMIT

Minimum Rs.25 lacs

Maximum Rs.15 crores

SECURITY

Equitable mortgage of Land & Building (not agricultural land).

Hypothecation of Instruments & Equipment acquired out of the loan and other assets of the Educational Institution.

Personal guarantees of the Promoters of the Institution.

MARGIN

25% of the cost of the project.

RATE OF INTEREST

Up to Rs.5.00 Crores�Base Rate +1% p.a.

Above Rs.5.00 Crores up to Rs.10.00 Crores-Base Rate +1.50%

Above Rs.10.00 Crores up to Rs.15.00 Crores-Base Rate +2.25%

Term Premium for Term Loan as per guidelines

REPAYMENT PERIOD

Maximum 84 months including moratorium period of 2 year, depending upon the projected cash flow.

Conditions apply.

Click here to download copies of blank agreements to be executed by the borrowers



> Working Capital Finance > Term Finance > MSME > SME > Small Business Borrowers > Traders Loan




Baroda MSME Capex Card & Baroda MSME Capex Loan
Baroda Vidyasthali Loan
Baroda Arogyadham Loan
Laghu Udhyami Credit Card
Artisans Credit Card
CLCSS-TUFS
CLCSS
Composite Loans
Collateral Free Loans
SME Short Term Loans
SME Medium Term Loans
Baroda SME Gold Card
Scheme for Financing Energy Efficiency Projects
Baroda Overdraft Against Land and Building
Baroda SME Loan Pack
PMEGP
KVIC-ISEC

© 2017 Bank of Baroda. All rights reserved. Disclaimer For optimum view of this site you must have IE 5.0 and 1024 by 768 pixels
     
chic logo