Education and Career Forum

Can anyone of you kindly provide me the details of the insurance covered in the education loan scheme offered in Bank of Maharashtra? I am going to apply an education loan in this bank so I want to know about the insurance.

No, the Insurance is not covered under Bank of Maharashtra Education Loan Scheme. Expenses covered under Bank of Maharashtra Education Loan Scheme are mentioned below :-

--> Fees payable to College/ Hostel
--> Examination/ Laboratory/ Library Fees
--> Purchase of books, equipment, instruments and uniforms.
--> Caution deposit, Building fund / refundable deposit supported by Institution bills / receipts.
--> Purchase of computer, if essential for completion of the course.
--> Any other expenses required to complete the course like study tours, project work, thesis etc.