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  #2  
25th April 2013, 09:37 AM
Super Moderator
 
Join Date: May 2012
Re: Bank of Maharashtra Education Loan Rate

Bank of Maharashtra provide Education Loan and following is its details:

Eligibility Studies in India:
Graduation courses/Colleges under Universities approved by UGC. Other courses leading to diploma / degree etc. conducted by colleges / universities approved by AICTE / UGC / Govt. / AIBMS / ICMR etc.

Studies Abroad : PG courses/ Job oriented Prof./Technical / Post Graduation: - MBA, MCA, MS etc.

Maximum amount
In India : Rs. 10.00 lac
Abroad : Rs. 20.00 lac

Security Up to Rs. 4.00 lac – Clean

Guarantor
Above Rs.4.00 lac to Rs.7.50 lac -
Satisfactory third party Guarantee
Above Rs. 7.50 lac
Value of collateral security after providing requisite margin as below should be equal to the quantum of finance plus 2 acceptable guarantor.

Margin:
Up to Rs. 4.00 lac - Nil
Above Rs.4.00 lac -
5% for studies in India
15% for studies abroad

Rate of Interest
Loans up to Rs. 4.00 lac (Base Rate + 2.00%)
Loans above Rs. 4.00 lac (Base Rate + 2.75%)

Processing Fee Nil
  #3  
27th November 2014, 08:07 PM
Kailash chandra
Guest
 
Education loan

Sir i am complet my study so take me education loan.


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