Bank of Maharashtra Home Loan in Kolkata

Last Updated : April 29, 2017, 8:57 p.m.

About Bank of Maharashtra Home Loan in Kolkata

In recent times, Tata Value Homes (TVH) has signed a joint development agreement with Square Four Group for 25.5 acres of prime residential land at Barrackpore Trunk Road gives affordable housing a major boost in Kolkata. TVH plans to develop an integrated township with 3500 budget homes. In order to help you buy your dream home, Bank of Maharashtra provides home loans at one of the lowest interest rates. Also, there is easy documentation involved in the process which results in quick approval. So. book a home in Kolkata, but have a look at the documents checklist and apply at nearest Bank of Maharashtra branch.

Bank of Maharashtra Home Loan Kolkata at a Glance

Eligibility Criteria

The eligibility criteria to apply for a home loan at Bank of Maharashtra is as follows:

• The applicant should be at least 21 years of age at the time of application and the maximum age should be at least 60 years and 65 years for self- employed/ professional.
• The age limit at the time of loan maturity should be 75 years.
• The applicant should be a salaried individual, self- employed and farmers holding at least 5 acres of land.
• The minimum work experience should at least be 2 years.
• The applicant should have the minimum of 1year work experience with the current organization and self- employed should have a regular source of income with latest ITR.

Documents Required

The documentation needed to apply for a personal loan at Bank of Maharashtra is:

Documents of the applicant and guarantor-

• ID Proof – Passport/ Voter ID/ PAN Card.
• Age Proof– Birth certificate/ passport
• Residence Proof– Passport/ Utility bill/ Allotment letter.
• Income Proof –Latest Salary slip/ ITR/ form- 16
• Signature Verification Proof- Passport/ PAN Card.
• Bank statement – Last 3 months bank statement/ last 6 months bank passbook.
• Detailed information about the other loan if you are currently paying along with lenders information and security mortgage.

Property Documents-

• Agreement sale copy.
• Certificate of possession.
• Land tax receipt.
• Detailed cost of construction.
• Letter of allotment
• Original NOC

For more information, read Home Loan Kolkata

Bank of Maharashtra Kolkata Branches

The complete address, IFSC Code, MICR Code and customer care details of Bank of Maharashtra branches located in Kolkata are mentioned in the table below: