#1
24th April 2013, 02:23 PM
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Bank of Maharashtra Education Loan Rate
Give me interest rate of Education Loan of Bank of Maharashtra because I want to apply for education loan?
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#2
25th April 2013, 09:37 AM
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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
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Education loan
Sir i am complet my study so take me education loan.
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