About the Bank


The Nainital Bank Limited (NTB) (known as Nainital Bank)[2] (Hindi: ??????? ????) is a scheduled commercial bank founded by Mr Govind ballabh pant and Shah community in the year 1922 .The bank is a subsidiary of Bank of Baroda the second largest bank in India, Bank of baroda is having a majority of stake of 98.6%(Approx 99%) since 1975. The bank has expanded to Uttar Pradesh and especially in Uttarakhand State, and has over 130 branches in Rajasthan, Delhi and Haryana states.Today, it has a net business of ?55 billion (US$820 million) (2012), and is enlisted as a scheduled bank by the Reserve Bank of India




The scheme aims at providing financial support from bank?s to deserving/meritorious students for pursuing higher education in India and abroad. The main emphasis is that very meritorious though poor is provided with an opportunity to pursue education with financial support from the bank with affordable terms and conditions. No deserving student is denied an opportunity higher education for want of financial support.

Rate of Interest

  • 1.on Loan ? Base Rate + 4.00% Overdraft ? Base Rate + 5.00% Base Rate:9.75%



No bank features found.


Eligibility for Educational Loan


1.Should be an India National

2.Secured admission to professional/technical curses through Entrance Tests/Selection process.

3.Secured admission to foreign university/Institutions.

4.No minimum qualifying marks.


FAQ Loan