Education and Career Forum

Hello sir, I want to apply for an education loan of 5 lakh to study B.Tech course in Maharashtra at Bank of Maharashtra. Eligibility criteria and documents required for it?

To be eligible to get an education loan of Rs. 5 lakhs from Bank of Maharashtra, you should have secured admission in B.Tech course in any course in any recognised college/ university. Documents required to apply for an education loan in Bank of Maharashtra are listed below :-

--> Identity Proof
--> Address Proof
--> Income Proof
--> Admission Letter
--> Academic Certificates
--> Entrance Examination Rank card/ Allotment Letter
--> Passport Size Photographs
--> Education loan application form

Originally Posted by Unregistered

Hello sir, I want to apply for an education loan of 5 lakh to study B.Tech course in Maharashtra at Bank of Maharashtra. Eligibility criteria and documents required for it?

Bank of Maharashtra provides education loan for graduation courses, other courses leading to diploma / degree etc. conducted by colleges/universities approved by UGC / Government / AICTE / AIBMS / ICMR etc. Candidates should be Indian nationals and secured admission by entrance examination / merit based selection. Security for Rs 5 Lakh is a satisfactory third party security. Guarantor – Satisfactory third party guarantee. Margin money is 5% for Rs 5 Lakh for studies in India. Bank of Maharashtra website link is Click Here

Documents required for education loan in Bank of Maharashtra are:

Identity Proof
Admission letter of college or university or institution
Fee details of the institute
Photographs