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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 |
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Interest
Rate
India:
13.75%
Overseas: 13.75%
Collateral and Third Party Guarantee required Tenures:
Maximum of 5 years
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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. |
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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.
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