Mahesh Co-op Bank offers special educational loans

The AP Mahesh Co-operative Urban Bank Ltd has come out with a special educational loan scheme under which up to Rs 15 lakh would be given for students studying abroad and Rs 7.5 lakh for those studying in India.

On the occasion of the bank's 29 th foundation day celebrations, its chairman Ramesh Kumar Bung also launched 'Mahesh Lakhpathi Scheme' wherein the customer has an advantage of depositing in installments for a maturity value of Rs 1 lakh.

According to the MD and CEO R S Jaju, the bank's business has crossed Rs 574 crore.