The A.p. Mahesh Cooperative Urban Bank Limited Education Loan Interest Rate
| INTEREST RATE | 9.50% to 11.50% |
| LOAN TENURE | Maximum of 60 to 84 months excluding moratorium period |
| PROCESSING FEE | As decided by the bank from time to time |
| GUARANTOR REQUIRED | Yes |
| PRE CLOSURE CHARGES | As decided by the bank from time to time |
About The A.p. Mahesh Cooperative Urban Bank
The A.p. Mahesh Cooperative Urban Bank Limited is a Co-operative bank in india. It has headquarter in Hyderabad. The A.p. Mahesh Cooperative Urban Bank Limited was founded on 30-06-1977. It has 46 branches and
It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, home loans, personal loan, car loan, education loan, gold loan, PPF account, lockers, netbanking, mobile banking, RTGS, NEFT, IMPS, E-Wallet, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.
Find details about The A.p. Mahesh Cooperative Urban Bank Limited which includes The A.p. Mahesh Cooperative Urban Bank Limited Official Website, The A.p. Mahesh Cooperative Urban Bank Limited ATMs accross the India, The A.p. Mahesh Cooperative Urban Bank Limited Branches accross the India, The A.p. Mahesh Cooperative Urban Bank Limited Contact Numbers, The A.p. Mahesh Cooperative Urban Bank Limited official EmailID, The A.p. Mahesh Cooperative Urban Bank Limited Headquarter and The A.p. Mahesh Cooperative Urban Bank Limited Headquarter Address. Find The A.p. Mahesh Cooperative Urban Bank Limited Education loan purpos, Eligibility, Margin, Repayment of Education Loan ,Security, Documents Required for Education Loan from below.
Other Products of The A.p. Mahesh Cooperative Urban Bank Limited:
The A.p. Mahesh Cooperative Urban Bank Education Loan Purpose
The A.p. Mahesh Cooperative Urban Bank Eligible Courses for Education Loan
In India - Professional Graduate/Post Graduate Courses Offered by prestigious/reputed institutions. or any other courses as per the discretion of the bank.Abroad - Graduate/Post Graduate Courses offered by Foreign Universities.
The A.p. Mahesh Cooperative Urban Bank Education Loan Document Required
For salaried individuals
- Duly filled up and signed education loan application form along with photographs
- KYC (Know Your Customer)documents
- Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
- Latest salary slip showing all deductions or Form 16 along with recent salary certificate
- Proof of residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
- Bank Statement or Bank Pass Book of having entries of last 6 months
- Guarantor Form, Copy of admission letter or the Institute along with Fees schedule (Optional)
- Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
- Detailed break-up of the costs of the course (Optional)
For all individuals except salaried
- Duly filled up and signed education loan application form along with photographs
- KYC (Know Your Customer)documents
- IT returns of the last 2 years and computation of income of last 2 years certified by a Chartered Accountant
- Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
- Proof of residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
- Bank Statement or Bank Pass Book of having entries of last 6 months
- Guarantor Form, Copy of admission letter or the Institute along with Fees schedule (Optional)
- Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
- Detailed break-up of the costs of the course (Optional)
The A.p. Mahesh Cooperative Urban Bank Education Loan Amount
(i) For study in India - Maximumof Rs.10 lakh(ii) For study in foreign - Maximum of Rs.20 lakh
The A.p. Mahesh Cooperative Urban Bank Education Loan Repayment
Maximum of 60 to 84 months excluding moratorium period i.e., Study Period + 12 Months after completion of studies / 3 months after getting a job whichever is earlier.Security
Primary : Minimum 150% of the loan amount for the loans above Rs. 0.50 Lakh.Collateral : Personal guarantee of Parent(s); Third Party; Owner of the Property.
Mode of Repayment of Education Loan
Post Dated Cheque (PDC): PDCs are given by the borrower in advance to the bank. They will be for future dates. Bank will deposit the cheque on the date mentioned on the cheque. This mode used to be opted by the borrowers when there were no online repayment options available. This mode is no longer popular and is used by very few borrowers.
Electronic Clearance System (ECS): This mode is very popular and most of the borrowers opted for this mode of repaying the loan. It is an electronic mode for transferring the EMI from borrower's bank to lender's bank.
National Automated Clearing House (NACH): NACH is a facility offered by National Payment Corporation of India (NPCI) for online transfer of funds on due date. This system has come into force recently and is preferred by many people. The benefit of this mode is that it allows transactions to be processed in real time.
Standing Instruction (SI): It is an order or instruction which the account holder gives to his/ her bank to pay a fixed amount to another bank/ account at a regular interval. It is also used by many borrowers to pay EMIs as EMI is a fixed amount. SI is not suitable for variable amounts.
Contact details of The A.p. Mahesh Cooperative Urban Bank Limited, The A.p. Mahesh Cooperative Urban Bank Limited SMS balance check number SMS banking, The A.p. Mahesh Cooperative Urban Bank Limited mobile banking, The A.p. Mahesh Cooperative Urban Bank Limited toll free number,The A.p. Mahesh Cooperative Urban Bank Limited toll free number 24*7, The A.p. Mahesh Cooperative Urban Bank Limited miss call number.
- CUSTOMER CARE NUMBERS - 040-24615296, 24615299
- CONTACT NUMBERS - 040-24615296, 24615299, 23437100-103 & 105, Fax : 040-24616427
The A.p. Mahesh Cooperative Urban Bank Limited Contact Details
- BANK OFFICIAL WEBSITE - https://www.apmaheshbank.com
- CONTACT NUMBERS - 040-24615296, 24615299, 23437100-103 & 105, Fax : 040-24616427
- EMAIL ID - [email protected], [email protected]
- CUSTOMER CARE NO. - 040-24615296, 24615299
- TOTAL BRANCHES - 46
- TOTAL ATMS - 12
- HEADQUARTER - Hyderabad
- BANK ADDRESS - 8-2-680/1&2, Road No.12, Banjara Hills, Hyderabad - 500034, Telangana, India
The A.p. Mahesh Cooperative Urban Bank Education Loan FAQs Education Loan Document Required
Upcoming Bank Holidays
- 📅 2025 July 28 is a bank holiday in Sikkim due to Drukpa Tshe-zi.
- 📅 2025 August 08 is a bank holiday in Sikkim due to Tendong Lho Rum Faat.
- 📅 2025 August 09 is a bank holiday in Dadra And Nagar Haveli due to Raksha Bandhan/Jhulana Purnima.
- 📅 2025 August 13 is a bank holiday in Manipur due to Patriot's Day.
- 📅 2025 August 15 is a bank holiday in Andaman And Nicobar Island due to Independence Day/Parsi New Year (Shahenshahi).
- 📅 2025 August 16 is a bank holiday in Andaman And Nicobar Island due to Janmashtami (Shravan Vad-8)/Krishna Jayanthi.
- 📅 2025 August 25 is a bank holiday in Arunachal Pradesh due to Tirubhav Tithi Of Srimanta Sankardeva.
