Banking news. Mega Bank is going to provide attractive loan facilities to private schools affiliated with PABSON and NPABSON. The bank has agreed to provide a loan facility of up to Rs 10 million at a cheap interest rate to private schools affiliated with PABSON and NPABSON. According to the agreement, schools, teachers, and parents affiliated with PABSON and NPABSON will also get various facilities, the bank said. Mega Bank has stated that a loan of up to Rs. 10 million will be given to the schools within a few days of obtaining the required documents along with the recommendation letter of PABSON or NPABSON. In addition to this, Mega Bank has also agreed to provide professional loan to the teachers working in the respective schools. Mega Bank has stated that special savings account facility will also be provided to the parents. This special offer has been brought by Mega Bank with the objective of helping the private schools struggling with the problem of Kovid-19 to operate in the same way. Mega Bank is confident that this facility will provide relief to the private schools in the current situation as it will also benefit the school principals, teachers, and parents.