Bank of Baroda Education Loan EMI Calculator (Baroda Scholar)
Short answer. Bank of Baroda’s study abroad loan, Baroda Scholar, charges 8.70% at universities on its premier list and 10.45% elsewhere for loans above ₹7.5 lakh. The repayment holiday is the course plus one year, and the gap is large: on ₹40 lakh, about ₹12.7 lakh more in total.
Uses the Baroda Scholar floating rates, margin, repayment holiday and charges published by Bank of Baroda, checked in November 2026. Simple interest at monthly rests during the holiday is added to the principal when EMIs start, unless you pay it. Rates are linked to the bank’s repo-linked lending rate and move with it.
Baroda Scholar rates and terms
| Term | Premier list university | Other university |
|---|---|---|
| Floating rate | 8.70% (BRLLR + 0.55%) | 10.15% up to ₹7.5 lakh (BRLLR + 2.00%), 10.45% above (BRLLR + 2.55%) |
| Girl students | No concession | 0.20% off |
| Maximum loan | ₹1.5 crore | ₹60 lakh |
| Margin | Nil to ₹4 lakh, 15% from ₹4 lakh to ₹7.5 lakh, nil above | Nil to ₹4 lakh, 15% from ₹4 lakh to ₹7.5 lakh, 10% above |
| Processing charge | Nil to ₹7.5 lakh; 1% to ₹10,000 plus GST above, refunded on first disbursement | Nil to ₹7.5 lakh; 1% to ₹10,000 plus GST above |
| Repayment holiday | Course period plus one year | |
| Repayment | Up to 120 instalments to ₹7.5 lakh, 180 above | |
Bank of Baroda also publishes fixed rates for Baroda Scholar. The calculator uses the floating rates, which most borrowers take.
Why the premier list matters so much
Take ₹40 lakh for a two-year master’s, paid out in two yearly instalments, with the one-year holiday and 15 years to repay, letting the study interest add to the loan.
| University | Rate | Interest before EMIs | EMI | Total repaid |
|---|---|---|---|---|
| On the premier list | 8.70% | ₹8.70 lakh | ₹48,529 | ₹87.35 lakh |
| Not on the list | 10.45% | ₹10.45 lakh | ₹55,611 | ₹100.10 lakh |
The same course and the same loan cost about ₹12.7 lakh more off the list, and ₹7,082 more every month. The premier list also removes the 10% margin above ₹7.5 lakh, so the family puts in less upfront.
Faz's ruleCheck the premier list before you accept the offer.
Two universities with similar rankings can sit on opposite sides of Bank of Baroda’s list, and the rate gap of 1.75 percentage points outweighs most tuition differences once it runs for 15 years. Ask the branch to confirm your exact university and course against the current list in writing.
The one-year holiday has a price
Baroda’s holiday runs the course plus a full year, six months longer than SBI’s for study abroad. That gives you more time to find a job, but interest keeps accruing the whole time. On the ₹40 lakh loan off the premier list, paying the interest during study instead of letting it add to the loan brings the EMI down from ₹55,611 to ₹44,092.
For the full product, read our Bank of Baroda education loan guide. To compare it with an SBI offer, use the SBI education loan EMI calculator or the offer comparison calculator.
Questions people ask
What is the Bank of Baroda education loan interest rate for study abroad?
Under Baroda Scholar, 8.70% for universities on the bank’s premier list, and for others 10.15% up to ₹7.5 lakh and 10.45% above. Girl students get 0.20% off at non-premier universities. These are floating rates linked to the bank’s repo-linked lending rate.
What is the moratorium period on a Baroda Scholar loan?
The course period plus one year. Simple interest is charged at monthly rests during this time and added to the principal when EMIs start, unless you pay it.
How much margin does Bank of Baroda need for study abroad?
Nil up to ₹4 lakh and 15% from ₹4 lakh to ₹7.5 lakh. Above ₹7.5 lakh, nil for premier list institutions and 10% for others.
What is the maximum Baroda Scholar loan amount?
₹1.5 crore for institutions on the premier list and ₹60 lakh for others.
Is there a processing fee on Baroda Scholar?
None up to ₹7.5 lakh. Above that, 1% of the loan up to ₹10,000 plus GST, which is refunded on the first disbursement for premier institutions.
Where these rules come from
Checked on 13 November 2026. Rates move with the bank’s lending rate, so confirm the rate on your sanction letter.