Onlline education loans from Bank of Maharastra

Bank of Maharashtra (BoM) has announced the launch of its online sanction facility for education loans in selected branches.

Under the facility, a student can avail up to Rs 10 lakh for studies in India and upto Rs 20 lakh in abroad.

The applicant will get an online auto reply and sanction from the bank in principle. The student can then avail the loan after completing the formalities at the concerned branch.