Educate to Elevate
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Eligibility: Should have secure admission for in School/College/Institute

Maximum Amount for India : Rs 200000
Maximum Amount Overseas : Rs 750000

Documents to be submitted: Pass Certificate of Previous School/University/Institute

Time To Process : A Fortnight

Interest Rate

India: 13.75%
Overseas: 13.75%
Collateral and Third Party Guarantee required

Tenures: Maximum of 5 years

An applicant planning to study employment-oriented professional or technical course or even postgraduate program such as MS, MBA or MCA in abroad, will be eligible for the education loan of Bank of Maharashtra.

Certificate courses of recognized institutes or evening programs certified by government in India are eligible for the loan. Specialized programs like CA, ICWA or CFA, program of foreign universities or those of IIM, IISc NIFT and others in India are also considered for loan.

Contact :
Delhi Tel: 3321754
Bangalore Tel: 2264997
Chennai Tel: 4364410
Hyderabad Tel: 7843238
Kolkata Tel: 2203996, 2207122
Mumbai Tel: 2661295, 2652595

Bank of Maharashtra
Bank of Maharashtra offers several finance schemes and credit facilities to its customers. Students who want to pursue higher studies in India and abroad, can avail of the Education Loan Scheme of Bank of Maharashtra. As the history goes, this bank began its operation in 1936 and was nationalized in 1969. You can scroll through this page to gather information on Bank of Maharashtra Education Loan.