Education and Career Forum

I am going to take an Education Loan in Bank Of Maharashtra for my B.Tech course. I would like to know about the subsidy scheme of this Bank for me. Will you please let me know about this scheme?

There are various schemes based on which subsidy is given by Bank of Maharashtra. Some of the known subsidy schemes are:

- 0.25% concession in interest is given to Mahasaraswati accounts for 3 years
- 0.50% concession in interest is given to girl students
- 0.50% concession in interest is given to existing Housing Loan borrower
- 0.50% concession is given to students getting admission in top rated Premier Institutions
- 0.25% Concession offered if additional guarantor is provided for educational loans between Rs.4 Lakh to Rs 7.5 Lakh