Bank of Maharashtra Home Loan Interest Rates, EMI Eligibility Calculator

Compare Bank of Maharashtra Home Loan interest rates with other banks. Check Documents, Eligibility loan amount, MCLR Rates, Per Lakh EMI, Processing Fees, Process, Status, Loan disbursal time, customer care details online through emicalculator-india.com.

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BOM offers loan for home for various purposes such as – repairs/renovation/alteration of existing house/flat for new standalone borrowers, Purchase of Plot & construction thereon and for Construction/Acquiring of new or existing house/flat and extension of existing house/flat.

Minimum 3 lakh annual required for borrow the loan from a bank or minimum past 2-year ITR / Form 16. Age must be above 21 and below 75 at the time of maturity. Documentation charges are 0.10% of the loan amount subject to a maximum of Rs.10,000/-.

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Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Bank of Maharashtra Home Loan Interest Rates

Interest Rates 8.25% – 8.35%
Processing Fee N.A
Pre Payment Charges Nil
Repayment 20 Years
Guarantor Mortgage of House / Flat
Age 21 – 70
Loan Amount No Maximum Limit
Margin 10-25%
Bank Bank of Maharashtra
Toll-Free Number 1800 233 4526

About Bank of Maharashtra
Bank of Maharashtra is a major public sector bank in India. Government of India holds 81.61% of the total shares. The bank has 15 million customers across the length and breadth of the country served through 1895 branches as of 5 April 2016.
Headquarters: Pune
Founded: 1935
Revenue: 60.94 billion INR
Total assets: 481 million INR

Example of Home Loan EMI Calculator – Here is the EMI of your home is given at 8.25% p.a. for Rs.9 lakh.

Loan Amount Tenure In Years Monthly EMI Total Amount Total Interest
9 lakh 5 ₹18,356.63 ₹11,01,397.59 ₹2,01,397.59
9 lakh 10 ₹11,038.74 ₹13,24,648.35 ₹4,24,648.35
9 lakh 15 ₹8,731.26 ₹15,71,627.38 ₹6,71,627.38
9 lakh 20 ₹7,668.59 ₹18,40,461.81 ₹9,40,461.81
9 lakh 25 ₹7,096.05 ₹21,28,815.36 ₹12,28,815.36
9 lakh 30 ₹6,761.40 ₹24,34,103.80 ₹15,34,103.80

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