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Salient features |
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Target Group: |
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For students pursuing Graduation / Post - Graduation / Professional / Technical studies in UAE / abroad
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Eligibility of Courses: |
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- Graduation: For job oriented professional / Technical courses only offered be reputed universities
- Post Graduation: MCA, MBA, MS. Etc
- Courses conducted by CIMA-London, CPA in USA etc
Note :- General graduation courses and post graduation cuorses are not covered under the sheme like B.COM, B.S.C, B.A.M.COM, M.SC, etc
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Other Eligibility: |
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- Secured admission to professional/technical courses abroad through Entrance Test/Merit Based Selection process
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Coverage of expenses: |
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- Admission / Tuition Fees to College / University
- Hostel / Mess charges
- Examination / Library / Laboratory Fee
- Purchase of books / equipments / instruments / uniforms.
- One way Travel expenses / passage money
- Purchase of computers if essential for completion of the course.
- Any other expense required to complete the course e.g., project work, thesis etc
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Limit: |
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- Graduation & Other Courses up to-3-year's duration: AED 100000/-
- Post Graduation & other Advanced Studies AED 150000/-
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Margin: |
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Rate of Interest*: |
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- 2 % above Base Rate irrespective of period and amount,i.e., 12% p.a.
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Repayment Holiday / Moratorium Period: |
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- Course period + 1 year, or
- 6 months after getting job, whichever is earlier
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Repayment Period: |
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- Interest :-as and when debited
- Principal :-3 to 4 years after holiday period
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Processing Charges*: |
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For
Further details |
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Retail Banking Shoppe
Bank of Baroda
Dubai main Branch, Bur Dubai, UAE
Tel: 04-3136603, 3534390,3540041
Email:
dubairetail@bankofbaroda-uae.ae
Products also available at branches
Abudhabi: 02-6330244 Deira: 04-2287949
Sharjah: 06-5684231
Al Ain: 03-7519880 Ras Al Khaimah: 07-2229293 |
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Apply for
Online Sanction |
Download
Application Form |
