The Bank of Baroda, founded in 1908, is one of India's oldest banks. BOB provides a variety of local and international services to its retail and business customers. For many years, the Bank of Baroda Education Loan for abroad has helped thousands of students realise their ambitions of studying overseas. Female students are eligible for a 0.5 percent interest rate discount through the BOB Education Loan. Furthermore, as a scheduled commercial bank, Bank of Baroda offers various interest subsidy schemes, including the Central Scheme of Interest Subsidy (CSIS) for Economically Weaker Sections, the Dr. Ambedkar Central Sector Scheme of Interest Subsidy for Other Backward Classes and Economically Backward Classes, and the Padho Pardesh interest subsidy Scheme for minority communities.