Bank of Maharashtra Home Loan – Interest Rates, EMI calculator

Bank of Maharashtra Home Loan (बैंक ऑफ़ महाराष्ट्र होम लोन) – Compare Interest Rates, MCLR Rates Online. Maha Bank home loan emi calculator, Documents,Eligibility,Application Status,Customer care number & Procedure information.
 

Interest Rates 9.60% – 10.10%
Processing Fees upto 0.25%
Pre payment Charges Nil
Lowest EMI Rs.848
Min. Income Rs.10000/- p.m
Loan Repayment 1 to 30 years

GET INSTANT HOME LOAN QUOTES ONLINE
Loan Amount

Occupation

Annual income

location icon

54 ,02 , 013 Loan quotes taken till now

• 54 lakh customers serviced to get best Loan deals with deal4loans. Deal4loans views Published @ yourstory .com
• As RBI cuts rate, should you go for fixed home loan Deal4loans views Published @ Economic Times online

 

All Individuals, Salaried employee with min 1 year job in current company or organization (State /Central Government / Public / Private Sector Companies of repute), Self-Employed Professionals, Businessman, Pensioners with account in Bank of maharashtra, Farmers having minimum land of 5 Acres.

Latest Interest Rates on Bank of Maharashtra Housing Loans 2016

Amount/Tenor Deduction up to 60% Deduction more than 60% and up to 65%
Proposed ROI Proposed ROI
Upto 3 Crore 9.60% 9.85%
Above 3 Crore 10.10% 10.35%

 
Maha Super Consumer Loan Scheme: Additional Bonanza for Borrowers under the scheme
 
In this scheme, borrower can get upto 10% of the total loan amount with a maximum limit of Rs.10.00lakh
Processing fee – 1.00% of the loan amount or minimum of Rs.500/-
 
Documentation Charges – 0.10% of the loan amount or maximum upto Rs.10,000/-
 
Repayment – Maximum upto 30 years
 
MARGINAL COST OF FUNDS BASED LENDING RATE (MCLR) WITH EFFECT FROM-01.10.2016
 

Tenor MCLR
Overnight MCLR 9.05%
One Month MCLR 9.30%
Three Month 9.40%
Six Month 9.55%
One Year 9.60%

Eligible criteria for Maha Bank housing loan scheme

Salaried borrowers can get : 60 times of Gross Monthly Salary/ 75 times of Net Monthly Salary (Whichever is Higher) as per maha bank norms.
 
Others Businessmen/Professionals can get upto 5 times of last 2 years average Income based on IT Returns
 
If borrower looking for the purchase of Plot & Construction flat/ site: 70% of the cost (registered value) of Plot after complying with Net Take Home Pay/Income norms. Plot on standalone basis should not be financed. Cost of the Plot should not exceed 75% of the total cost of housing unit
 

Bank of Maharashtra home loan emi calculator

For calculate loan emi –
1. Enter loan amount
2. enter interest rates
3. Enter loan tenure (for how much time you need a loan)

Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

Other Products of Bank of Maharashtra:-

Customer care number or Toll Free number for Maha Bank Home Loans – 1800-233-4526 / 1800-102-2636
Source: Bank of Maharashtra Website

Submit your review
1
2
3
4
5
Submit
     
Cancel
           

Create your own review

Average rating:  
 0 reviews