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 Bank of Maharashtra - India (for Education Loan) |
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Bank Name: |
Bank of Maharashtra |
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Study In: |
India |
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Type of Courses Eligible: |
CA,Commercial Pilot,Diploma/ Degree courses,Graduation courses,LLB,MBA,Others,Post Graduation courses |
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Cost Covered: |
Tuition fees, hostel expenses, purchase of books / equipments / instruments |
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Moratorium Period: |
1 year after course completion / 6 months after getting a job (after which your repayment will start) |
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Interest Rate Type: |
Floating |
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Interest Rate: |
11.0 |
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Processing Fee: |
Nil |
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Prepayment Charges: |
Nil |
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Collateral Description: |
For loans above Rs 4 lakh- Government securities, public sector bonds or Units of UTI, Shares, Debentures or L.I.C. Policies, NSCs/ KVPs, Banks own deposits or Mortgage of land and Building |
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Guarantor Description: |
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Margin: |
5% |
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