The Bank of Baroda pilot loan scheme is a financial assistance program designed for aspiring pilots in India to cover the high cost of pilot training. The program provides loans to cover the expenses of pilot training, including tuition fees, books, equipment, and living expenses. This comprehensive guide outlines the eligibility criteria, loan amount, repayment terms, and other important details about the Bank of Baroda pilot loan scheme.
To be eligible for the Bank of Baroda pilot loan scheme, the applicant must be an Indian citizen between the ages of 17 and 32 years old and possess a valid commercial pilot license (CPL). The loan amount provided under this scheme can be up to Rs. 35 lakhs, and the repayment period can be up to 10 years. The interest rate for the loan is fixed by the bank and is subject to change.
To apply for the Bank of Baroda pilot loan scheme, the applicant must provide relevant documents such as proof of identity, residence, income, and educational qualifications. The bank will also require a security or collateral for the loan, which can be in the form of a property, fixed deposit, or any other form of security acceptable to the bank. The loan application will be processed by the bank, and the loan amount will be disbursed directly to the training institution.
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#
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Program Name
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Class Type
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Batch Start Date
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Batch Start Time
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Demo Class
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Enroll Now
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# 1
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How to become Pilot
Workshop |
Online
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2024-05-03
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16:00:00
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only at 99/- INR
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Enroll |
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# 2
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DGCA Ground Classes
Preparatory Classes |
Online/Offline
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2024-05-10
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14:00:00
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No
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Enroll |
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# 3
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INDIGO CADET PROGRAM
Preparatory Classes |
Online/Offline
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2024-04-29
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12:00:00
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No
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Enroll |
The Bank of Baroda Pilot Loan Scheme is a new initiative launched by the Bank of Baroda in collaboration with the Indian government. The scheme aims to provide financial assistance to small and medium-sized enterprises (SMEs) for the purpose of starting or expanding their businesses. The pilot loan scheme is available to businesses across all sectors, including agriculture, manufacturing, and services.
To be eligible for the pilot loan scheme, businesses must have been in operation for a minimum of two years, and must meet the bank's credit criteria. The loan amount available under the scheme ranges from INR 50,000 to INR 2 crores, with repayment periods of up to 60 months. The interest rates for the loans are competitive, and the bank offers flexible repayment options to help businesses manage their cash flow.
One of the key advantages of the Bank of Baroda Pilot Loan Scheme is its focus on supporting SMEs in rural and remote areas. The scheme aims to promote financial inclusion by providing access to credit to businesses that may not have access to traditional banking services. In addition, the bank has set up dedicated branches and staff to support the scheme, making it easier for businesses to access the funds they need to grow and succeed.
Overall, the Bank of Baroda Pilot Loan Scheme is a welcome initiative that provides much-needed financial support to SMEs in India. By promoting financial inclusion and offering flexible repayment options, the scheme has the potential to help drive economic growth and job creation across the country.
26th April, 2024
04:00 PM
Whether you wish to fly for your own pleasure or have a great career in an airline, we can help you realize your dream through the workshop by Golden Epaulettes Aviation.
Whether you wish to fly for your own pleasure or have a great career in an airline, we can help you realize your dream through the workshop by Golden Epaulettes Aviation.
This workshop by Golden Epaulettes Aviation aims to provide you with the right knowledge and guidance to pursue your dream of becoming a pilot.
Benefits of Joining Workshop
A-320 Simulator Observatory Sessions
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How to become a Pilot Workshop Certification
Free Assistance for Computer Number
Free Parents Counselling Sessions
20 Min Simulator Sessions
30 Min Simulator Sessions
60 Min Simulator Sessions
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Full flight deck replica, Fully enclosed design
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220 x 40 Field-of-view visual system
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Advanced Intercom and PA system
Advanced Vibration System for Realistic feel of Takeoff, Landing, Turbulence, Flap and Gear movements, Runway Bumps.
Wind Shear and TCAS RA Simulation & Hi Def View from Side windows for Visual App..
