Bank of Maharashtra Agra

Banks 103 views

About  Bank Of Maharashtra

The year 1936 marked the beginning of Bank of Maharashtra which was set up in Pune. The bank was incepted to provide a fillip to the trade and commerce in Maharashtra. But as the time went on, its vision changed and now it has a Pan-India presence. From a handful of branches in 1936 to approximately 2,000 branches, Bank of Maharashtra has expanded its presence in the country. It is a public sector bank with the share of Indian government a shade above 80%. The founders of the bank were V.G. Kale and D.K. Sathe who registered Bank of Maharashtra with an authorized capital of ₹ 10 lakh. The bank is a key player in corporate banking, consumer banking, international banking, mortgage loans and much more. It aims to provide innovative products to meet the diverse requirements of people across the country. With the use of the latest technology, the bank ensures smooth functioning. Not only the traditional branch banking, but you can also enjoy Internet banking facility for faster and smoother transactions.  

The Taj City Agra hosts three branches of Bank of Maharashtra. You can avail all the banking services from those branches in Agra. Want to know their details? Check out the table below. 

Bank of Maharashtra Agra Branches 

Branch NameComplete AddressIFSCMICRContact Detail
Raghunath Nagar11, Raghu Shopping Market, Raghunath Nagar, M.G. Marg, Agra- 282003MAHB0000594282014002
Deori Road27, Defence Estate, Phase I, Deori Road, Agra-282001MAHB00013182820140030562-3207598
Sikandra51, Sulabh Puram, Bodla Road, Sikandra, Agra, Uttar Pradesh-282007MAHB00015232820140040562-3241963

Products Offered by Bank of Maharashtra in Agra

Do you know the kind of loans and deposits you can avail at Bank of Maharashtra in Agra? In a nutshell, it can be said that the bank aspires to meet your needs through an extensive line of products such as a personal loan, home loan, car loan, education loan, fixed deposits, etc. For comprehensive information, you can look below.

Basic Details of Bank of Maharashtra Loans in Agra

ProductEligibility Loan AmountInterest RateProcessing FeeTenure
Personal LoanThe applicant should be at least 21 years of age at the time of application and the maximum age should be at least 60 years at the time of loan maturity.

The minimum net annual income of the applicant should be ₹ 3,00,000 per annum.

The minimum work experience should at least be 2 years. The applicant should have the minimum of 1year work experience with the current organization

1 year relationship with the bank.
Upto ₹1.50 lakh12.95% p.a.1% of the loan amount + service tax as applicableUpto 3 Years
Car LoanThe applicant should be at least 18 years of age at the time of application and the maximum age should be at least 60 years at the time of loan maturity.

The minimum net annual income of the applicant should be ₹ 3,00,000 per annum.

The applicant should be a government employee or defence personnel.
36 times of the net monthly salary8.95% - 9.70% p.a.NILUpto 7 Years
Home LoanThe 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 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.
Education LoanThe student should be the resident of India.
Should have secured the admission through entrance exam/ merit based selection.
The student should have the guarantor/ collateral.
For India-₹ 10 lakh
For abroad-₹ 20 lakh
9.20% - 10.95% p.a.NILMoratorium course period + 1 year 0r 6 months after getting the job.
Up to 10 years after moratorium for amount under ₹7.5 lakh and up to 15 years after moratorium for more than ₹ 7.5 lakh.
Vehicle LoanThe applicant should be at least 18 years of age at the time of application and the maximum age should be at least 60 years at the time of loan maturity.
The minimum net annual income of the applicant should be ₹ 3,00,000 per annum.
The applicant should be 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.
Up to 20 times of the net salary amount for the salaried individual.
Up to 2 times of the total annual income for the self- employed.
9.70% p.a.0.25% of the loan amount ( minimum ₹ 500)Upto 5 Years
Fixed DepositThe applicant should be the resident of India.
Hindu undivided family
Sole proprietorship firms
Partnership firm
limited companies
trust accounts.
Bank decide from time to time on maturity pattern.NIL7 days to 10 years

Documents Required to Obtain Loans from Bank of Maharashtra in Agra 

ProductDocuments
Personal LoanID 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.
Car LoanID 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
Bank statement – Last 3 months bank statement/ last 6 months bank passbook.
Home LoanDocuments 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
Education LoanDuly filled application with recent photographs.
Residence Proof– Passport/ Utility bill/ Allotment letter.
Date of Birth proof
Certificate of Domicile
Fee particulars from school/ college
Scholarship proof
Study Certificate
Vehicle LoanID 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
Bank statement – Last 3 months bank
A valid driving license
Assessment order
Fixed depositA coloured photograph
Passport/ Driving License
Last six months bank account details

Documents required from the trust, association/ clubs for the fixed deposit are as follows
Photographs of the member operating the account.
A Copy of the Trust Deed/ Bye- laws of the association.
A Copy of registration certificate.
A Copy of the resolution of trustee authorizing the member to operate and open the accounts.

 

You May Also Read