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.
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/-.
Apply For Bank of Maharashtra Home Loan
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 |
More Products Related To Bank of Maharashtra
Bank of Maharashtra Personal Loan
Bank Of Maharasthra PMAY Scheme
Bank Of Maharasthra Credit Card Customer Care Number