Mumbai (Maharashtra) [India], Jan 6 (ANI): The newly-formed Maharashtra government’s announcement to waive off loans up to Rs 2 lakh for farmers with a cut-off date of September 30, 2019 and providing relief to non-defaulting farmers who have a loan above Rs 2 lakh can cost at between Rs 45,000 crore to 51,000 crore, State Bank of India said on Monday.