Bank of Maharashtra Home Loan
Bank of Maharashtra offers home loans with no upper limit and special benefits for women borrowers and NRI customers.
Key Highlights
Bank of Maharashtra Home Loan Interest Rates
Current interest rates as per latest updates
* Interest rates are subject to change based on RBI guidelines and your credit profile.
* Final rates depend on loan amount, tenure, and creditworthiness.
Features & Benefits
Key Features
- Women borrower discount
- No upper loan limit
- NRI facilities
Special Offers
- No upper loan limit
- Women borrower discount of 0.05%
- NRI-friendly policies
Pros and Cons
Advantages
- No processing fee
- No loan amount limit
- Competitive rates
Considerations
- Limited digital services
- Regional presence
Bank of Maharashtra Home Loan Eligibility
Check if you meet the eligibility criteria
- Age: 18-65 years
- Minimum income: ₹12,000 per month
- CIBIL Score: 650+ acceptable
- Regular income source
Documents Required
Keep these documents ready for quick processing
- Identity and address proof
- Income documents
- Bank statements
- Property papers
- Employment certificate
Apply for Bank of Maharashtra Home Loan
Start your home loan application process today
Compare with Other Banks
See how Bank of Maharashtra compares with other lenders
Frequently Asked Questions
What is the minimum income required for Bank of Maharashtra home loan?
The minimum income requirement varies based on your location and employment type. Generally, it ranges from ₹10,000 to ₹25,000 per month.
How long does Bank of Maharashtra take to approve a home loan?
The approval process typically takes 7-15 working days, depending on document verification and property evaluation.
Can I prepay my Bank of Maharashtra home loan?
Yes, you can prepay your home loan. Some banks may charge prepayment penalties, so check the terms and conditions.
Important Disclaimer
• All information provided is for reference purposes only and subject to change.
• Interest rates and fees are indicative and may vary based on your profile and market conditions.
• Loan approval is subject to the bank's terms and conditions and credit assessment.
• Please verify all details with the bank before making any financial decisions.