Bank Of Maharastra

Courses Eligible:
Studies in India

School education including plus 2 stage of CBEC & State Education Boards.

Graduation courses/Colleges under universities approved by UGC.

B.A, B.Com, B.Sc. etc.

Post graduation courses, Masters and PhD

Professional courses, Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer etc.

Computer certificate courses of reputed institutes accredited to Dept.of Electronics or institutes affiliated to university.

Courses like ICWA, CA, CFA etc.

Courses offered in India by reputed foreign universities.

Courses conducted by IIM, IIT, IISC, XLRI, NIFT etc.

Evening courses of approved institutes recognized by State/ Central Govt.

Other courses leading to diploma/degree etc. conducted by colleges/ universities approved by UGC/ Govt/ AICTE/ ICMR etc.


Studies Abroad

Graduation : For job oriented professional/ technical courses offered by reputed universities.

Post graduation : MCA, MBA, MS etc.

Courses conducted by CIMA - London, CPA in USA etc.



You should be an Indian National 

You should have secured admission to professional / technical courses through entrance test / selection process. 

You should have, secured admission to foreign university / institutions 



Maximum Amount for India : Rs 10.00 lac

Maximum Amount Overseas : Rs 20.00 lac


Documents to be submitted:

Proof of being an Indian national i.e., School Leaving Certificate.

Letter confirming selection through Entrance Test.

Letter confirming admission to foreign university/institutions.< br> Brochure of the educational institution stating the amount of fees charged.



There is no margin up to Rs.4.00 lac.

For loans above Rs.4.00 lac.

For studies in India : 5%

For studies abroad : 15%

Interest Rate: 


Upto & inclusive of Rs. 4.00 lakh: 12.00% p.a.

Above Rs. 4.00 lakhs: 12.75% p.a.



You get a repayment holiday of one year after completion of the course selected or 6 months after getting a job (after which your repayment will start).

The loan is then to be repaid in 5 years after commencement of repayment.


Contact : 

Delhi Tel: 011-25766024/25731472/25746254

Bangalore Tel: 080 - 26642727

Chennai Tel: 044-28293181/28291823/28294168

Hyderabad Tel: 040-24756781/24754980

Kolkata Tel: 033-22435122/22435996/22486971

Mumbai Tel: 022-22694160/22652595/22644109/22678522