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Bharat Overseas Bank Education Loan Scheme

Saraswathi Educational Loan

A unique loan scheme for Post Graduate and Professional courses of study in recognized institutions / Universities both in India and abroad

Loan Details

Coverage of Expenses

Tuition fees
Hostel fees
Cost of books
Examination fees and airfare (in case of study abroad)

Quantum

Maximum loan amount is Rs.7.5 lakhs for education in India
Maximum loan amount is Rs.15 lakhs for education abroad

Rate of InterestInterest rates linked to PLR and as applicable from time to time.

Contact Details
Head Office - Bharat Overseas Bank Ltd
"Habeeb Towers", P.B.No.5205, 196 (Old no.756) Anna Salai, Chennai - 600 002
Phone : 044-2852 2983, 2852 3949, 2852 0748, 2841 4915, 2852 5686, 2852 8010, 2852 4828, 2841 1983, 2852 1250, 2852 1650
Fax: 044-2852 4700, 2859 4615
Website : visit

Click here for the nearest bank branches

Note : Since the rules, regulations, eligibility conditions, repayments and interests rates etc. are revised by the banks from time to time in keeping pace with the changing capital market conditions, students and parents are advised to thoroughly check the terms and conditions of educational loan scheme on offer at the time of application.