Education and Career Forum

I want to take an education loan from Bank of Maharashtra to study MS in Australia. Please tell me what are the schemes available to study in Australia? What should I do for it?

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I want to take an education loan from Bank of Maharashtra to study MS in Australia. Please tell me what are the schemes available to study in Australia? What should I do for it?

Students who have secured admission in abroad universities for the job oriented Professional / Technical / PG courses like MS, MCA, MBA etc. are eligible to apply for Bank of Maharashtra Education loan scheme. Students can get up to Rs 20 Lakhs for studies in abroad universities. Loan for higher amount can be considered on a case to case basis. Students should provide a collateral equivalent to the loan amount after providing the requisite margin for getting education loan in Bank of Maharashtra. Margin money for abroad studies is 15%. Students can apply for education loans in Bank of Maharashtra with necessary documents like Proof of identity, Proof of address, Last 2 years ITR, Form 16, last 3 months salary slips, last 6 months bank statements, Proof of admission, Fee structure of the course and Receipt of payment already made. Bank of Maharashtra website link is given Click Here