Education and Career Forum

Hello, I want to study BTech and for this I need to apply an education loan. My friend has an account in Bank of Maharashtra but I don’t. However we both want to apply an education loan in this bank. So, for me, Bank of Maharashtra will provide an education loan? Or is it necessary to have an account in this Bank for applying an education loan?

No, it is not necessary to have an account in Bank of Maharashtra to apply for an education loan. If your education loan application gets approved, then the bank will automatically open a loan account for you. To be eligible to apply for an education loan in Bank of Maharashtra, you should have secured admission to higher education course in a recognised college/ university.