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#1
24th April 2018, 04:39 PM
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Details of Collateral Security in Bank of Maharashtra Education Loan scheme?
Hello, I am interested to apply for an education loan in Bank of Maharashtra. After searching alot I didn’t understand the term Collateral Security. Can I know about this Collateral Security of Education Loan in Bank of Maharashtra?
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#2
6th June 2018, 08:58 AM
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Re: Details of Collateral Security in Bank of Maharashtra Education Loan scheme?
Details of collate security under Bank of Maharashtra Education Loan Scheme are mentioned below :-
--> Upto Rs. 7.5 lakhs :- No collateral security required. --> Above Rs. 7.5 lakhs :- Collateral security equivalent to quantum of finance. |
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