Educational Loans
Bank of India
Category : Educational Loans
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Vidya Vardhini Scheme


Pursuit of studies In India and abroad.

Approved Courses:

Graduate and post-graduate courses in engineering, computer technology, medicine etc. All vocational courses/job oriented diploma courses, recognized by govt and universities. Similar courses pursued in universities abroad. Full time post graduate research in any of the afore said subjects.


Should be a citizen of India . For vocational training courses and job oriented course age of the individual should be between 15-28 years, and 18-30 in case of post graduate courses and/or studies abroad. The applicant should have a good academic record. For studies abroad, the candidate should have secured admission in a particular university after having appeared in the specific entrance examinations. The applicant should have secured a minimum of 50% marks in the major subject. In case of SC/ST candidates eligibility norms may be relaxed.

Amount of loan:

The loan could vary depending on the specific subject requirement. For studies abroad Rs15 lakhs. For studies in India Rs 7.5lakhs.


Upto Rs 4lakhs –nil,
For Studies in India- 5%,
For studies abroad-15%.


Within 15 years from the first date of disbursement, including moratorium period.


Delhi-Tel: 3312654, 3311557, Bangalore-Tel: 2212485, 2271130, Chennai-Tel: 8270041, 8276143, Hyderabad-Tel: 3315263, 3324487, Kolkata-Tel: 2481973, 2485703, Mumbai-Tel: 2023020.