Subsidiaries

BOB Capital Markets (BOBCAPS) is a SEBI-registered investment banking company based in Mumbai, [11] [12] Maharashtra. It is a wholly owned subsidiary of Bank of Baroda. Its financial services portfolio includes Initial Public Offerings, private placement of debts, corporate restructuring, business valuation, mergers and acquisition, project appraisal, loan syndication, institutional equity research, and brokerage. [edit]International

presence

In its international expansion, the Bank of Baroda followed the Indian diaspora, especially that of Gujaratis. The Bank has 100 branches/offices in 24 countries including 61 branches/offices of the bank, 38 branches of its 8 subsidiaries and 2 representative offices in Thailand and Australia. The Bank of Baroda has a joint venture in Zambia with 16 [13] branches. Among the Bank of Barodas overseas branches are ones in the worlds major financial centers (e.g., New York, London, Dubai, Hong Kong, Brussels and Singapore), as well as a number in other countries. The bank is engaged in retail banking via the branches of subsidiaries in Botswana, Guyana, Kenya, Tanzania, and Uganda. The bank plans to upgrade its representative office in Australia to a branch and set up a joint venture commercial bank in Malaysia. It [14] has a large presence in Mauritius with about nine branches spread out in the country. The Bank of Baroda has received permission or in-principle approval from host country regulators to open new offices in Trinidad and Tobago and Ghana, where it seeks to establish joint ventures or subsidiaries. The bank has received Reserve Bank of India approval to open offices in the Maldives, and New Zealand. It is seeking approval for operations in Bahrain, South Africa, Kuwait, Mozambique, and Qatar, and is establishing offices in Canada, New Zealand, Sri Lanka, Bahrain, Saudi Arabia, and Russia. It also has plans to extend its existing operations in the United Kingdom, the United Arab Emirates, and Botswana. The tagline of Bank of Baroda is "India's International Bank". [edit]Affiliates IndiaFirst Life Insurance Company is a joint venture between two of Indias public sector banks Bank of Baroda (44%) and Andhra Bank (30%), and UKs financial and investment company Legal & General(26%).[1] It was incorporated in November 2009 and has its headquarters in Mumbai.[1] The company started strongly, achieving a turnover in excess of Rs. 2 billion in its first four and half months, and being recommended for ISO certification within 7 months.
Baroda Education Loan Education is the most important investment one makes in life. Higher studies and specialization in certain fields call for additional financial support from time to time. Whether you are planning school education (nursery to standard XII) of your child, pursuing a graduate or post-graduate degree, the Bank of Baroda Education Loans, can help finance your ambitions and goals. Following are the loan options available:

Baroda Vidya

Baroda Gyan

Baroda Scholar

Baroda Education Loan for Vocational Education & Training

Central Scheme of Interest Subsidy for Education Loans

Baroda Vidya
Bank of Baroda presents a one of its kind finance option for parents of students pursuing school education. These loans are available for studies from Nursery to Senior Secondary School.

No processing & documentation charges. No Margin. No security required.

Terms & Conditions

Eligibility :

Should be an Indian national residing in India. Student should have secured admission to a recognized school / Highschool / Jr. College (including CBSE / ICSE / State Board) for any of the following courses 1. 2. 3. Stage I : Nursery to V th STD. Stage II : VI th to VIII STD. Stage III : IX th to XII th STD.

Coverage of expenses for :

Fee payable to college / school. Examination / Library / Laboratory Fee. Fee and other charges payable to hostel. Purchase of books / equipments / instruments / uniforms. Personal Computers / Laptops wherever required. Caution deposit / building fund / refundable deposit supported by instituion bills / receipts.

Maximum Loan Amount : Rs.4.00 Lacs Repayment Period :

Loan for each yearly sub limit is repayable in 12 equal monthly instalments. First instalment to be due 12 months after first disbursement of each year's loan component.

The parents must be residing in the place for a minimum period of -3- years, except in the case of transferable job. Security :

In case the loan is given for purchase of computer the same is to be hypothecated to the bank.

Rate of Interest :

FOR PRESENT RATE OF INTEREST: CLICK HERE.

1% concession in rate of interest to loans for girl students. Interest to be serviced as and when applied during moratorium period. Penal Interest @ 2% on overdue amount if the loan amount exceeds Rs. 2/- lacs.

Baroda Gyan

A loan product specially designed for students pursuing Graduation, Post - Graduation, Professional & Other courses in India. Bank of Baroda extends a helping hand to energize your studies and promote education of the youth.

No processing charges. No Margin on loans upto 4 lacs. Free Debit Card.

Terms & Conditions

Courses Eligible :

All Graduation courses. All Post Graduation courses & Doctorate courses. Professional Courses viz. Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, Ayurved, Homeopathy, Physiotherapy, Hotel Management, Hospital Management, Interior Designing, Architecture, Event Management, Mass Communication, Fashion Technology, etc. Computer certificate courses of reputed institutes accredited to Dept. of Electronics or institutes affiliated to Universities. Courses like C.A, ICWA, CFA, CS, etc. Courses conducted by IIM, IIT, IISc, XLRI. NIFT etc. Regular Degree/ Diploma courses like Aeronautical, pilot training, shipping etc., approved by Director General of Civil Aviation/shipping. Other courses leading to diploma / degree etc. conducted by colleges/universities approved by UGC/Govt./ AICTE/ AIBMS/ ICMR etc. Courses offered in India by reputed foreign Universities. Evening courses of institutes approved by State/Central/Govt./UGC/AICTE/AIBMS/ICMR/ICAR. Courses offered by National Institutes and other reputed private institutions. The College/Institute must have been approved by the State/Central Govt./UGC/AICTE,etc.

Student Eligiblity :

Should be Resident Indian.

Secured admission to either of above courses

A meritorious student (who qualifies for a seat under merit quota) will also be eligible for loan under this scheme even if the student chooses to pursue a course under Management Quota.

or courses under Management Quota Seats considered under the scheme, fees as approved by the State Government/ Government approved regulatory body for payment seats will be taken, subject to viability of repayment.

Additional concession of 1.00% to the students who have sought admission in premier institutions viz. IIMs, IITs and AIIMS / AFMC for loans of more than Rs 7.50 lac secured by tangible securities.

Coverage of expenses :

Fee payable to college / Institution / University. Examination / Library / Laboratory Fee. Fee and other charges payable to hostel. Purchase of books / equipments / instruments. Personal Computers / Laptops wherever required. Caution deposit / building fund / refundable deposit supported by institution bills / receipts. Any other expenses required to complete the course - like study tours, project works, thesis, etc.

Maximum Loan Amount : Rs.10.00 Lacs. Repayment Period :

Repayable in 120 maximum Installments for loan amount upto Rs 7.50 lacs

Repayable in 180 maximum Installments for loan amount above Rs 7.50 lacs .

Baroda Scholar

Bank of Baroda presents financial assistance to students going abroad for Professional / Technical studies. The loan offering is designed to empower you with the financial capability to realise your dreams... Achieve your goals... Reach out to the maximum limits...

Terms & Conditions

Eligiblity of Courses : Graduate/Post Graduate / Doctorate / Job Oriented Professional / Technical Courses offered by reputed Universities overseas. Regular Degree/ Diploma courses like Aeronautical, pilot training, shipping etc. The Institute should be recognized by the competent local aviation / shipping authority and Director General of Civil Aviation/shipping in India. Student Eligiblity :

Should be an Indian National. Secured admission to Professional/Technical Courses at foriegn Universities/Institutions.

Coverage of expenses (for overseas studies) :

Admission/Tuition fees to College/University. Hostel/Mess charges. Examination/Library/Laboratory fee. Purchase of books/equipments/instruments. Caution deposit/building fund/refundable deposit supported by institution bills/reciepts. 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. study tour, project work, thesis etc.

Maximum amount of loan : Rs. 20.00 Lacs.

Repayment Period :

Repayable in 120 maximum Installments for loan amount upto Rs 7.50 lacs

Repayable in 180 maximum Installments for loan amount above Rs 7.50 lacs .

Baroda Education Loan for Vocational Education & Training

1.

Scheme shall be applicable at all our Branches across the country

2.

The prospective borrower should be an Indian National and have secured admission in a course approved /supported by a Ministry/ Deptt/ Organization of the Govt or a Company /Society/ Organization supported by National Skill development Corporation or State Skill Missions /State Skill Corporation leading to a certificate /diploma /degree etc. by Govt. Organization or an Organization recognized /authorized by Govt to do so.

3.

Courses eligible: Vocational /Skill development courses of duration from 2 months to 3 years run or supported by a Ministry /Deptt/Organization of the Govt or a company /society/ organization supported by National Skill Development Corporation or State Skill Missions /State Skill Corporations, preferably leading to a certificate /diploma /degree etc. issued by a Government Organization or an organization recognized /authorized by the Govt. to do so. State Level Bankers committee (SLBC) / State level Co-ordination Committee (SLCC) may add other skill development courses /programmes, having good employability.

4.

The Student should not be minor and in case he is a minor, documents shall be executed by the parents and bank will obtain a letter of ratification from him/her upon attaining majority. There is no bar on maximum age of the borrower