Bank Of Maharashtra Bengaluru

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About Bank of Maharashtra

The Bank of Maharashtra was set up in 1936 in Pune. The bank has the far- fetched vision to be the customer centric and techno savvy. They want to set up their branches across the country and serve the different strata of the society. They want to make their presence felt in the world by upholding the trust of the customer and shareholders. In Bengaluru, the bank has upheld the roots as there are many branches set in the city. Bengaluru being one of the most dynamic cities in the world especially with the growth of IT sector is one of the important areas of investment. The bank of Maharashtra in Bengaluru has a huge contribution in developing the financial of the city. Its mission is to have quick and effective dealing with customer expectation. To have prolonged and continuous use of technology so that they can reach to maximum people and make them financially strong. You can operate both online as well as offline. The bank is operative online through its website, mobile banking etc. The bank wants to create and proactive, professional and enthusiastic workforce which can change the scenario and enhance the monetary needs of the masses.

Address of Bank of Maharashtra Branches in Bengaluru

Branch NameAddressIFSC CodeMICRCustomer Care
BASAVANAGUDI, BANGALOREUTTARADI MUTT ROAD, BASAVANAGUDI, BANGALORE - 560004MAHB000016256001400326678058
CITY MARKET, BANGALORE13, PAXAL TOWERS, K R ROAD FORT, CITY MARKET BANGALORE 560002MAHB000030456001400226700477 26700318
MALLESWARAM, BANGALOREEAST PARK ROAD, 8TH CROSS, MALLESWARAM, BANGALORE -560004.MAHB0000344560014007080 23568413
SHIVAJINAGAR, BANGALORE22, LADY CURZON ROAD, SHIVAJINAGAR, BANGALOREMAHB0000402560014008080 25592054?
BRIGADE ROAD, BANGALOREM/S KOTAH SHOPPING COMPLEX, 190 BRIGADE ROAD, BANGALORE - 560001MAHB0000403560014004080-25588592
GANDHINAGARKHENY BUILDING, I CROSS, I MAIN, GANDHINAGAR, BANGALORE - 560009MAHB000042856001400618002334526
CHAMRAJ PETH, BANGALORE317 - 1, PAMPA MAHAKAVI ROAD, CHAMRAJ PETH, BANGALORE 560002MAHB0000538560014005080 - 22102780
RAJESHWARI NAGAR, BANGALORE100/D, 12TH CROSS, IDEAL HOME SOCIETY, RAJESHWARI NAGARMAHB0000942560014009080 - 28600534
MICO LAYOUT , BANGALORENO 20, BHCS LAY OUT, MICO LAY OUT, BANNERGHATTA ROAD, BANGALORE - 5600076MAHB0001021560014010080-26688302
SERVICE BRANCH, BANGALOREIST FLOOR, UTTARADI MUTT ROAD, BASAVANAGUDI, BANGALORE - 560004MAHB0001100560014001080 -26527153
AGRI HITECH BANGALORE15 POLICE STATION RD. BASAVANAGUDI BANGALORE 560004MAHB0001146560014011080 - 26706909
S S I , BANGALORE430/41, 56TH CROSS, 12 TH MAIN, 3RD BLOCK, RAJAJINAGAR, BANGALORE - 560010MAHB0001147560014012080 -23503579
J P NAGAR BANGALORENO 54, 15TH CROSS, 19TH MAIN, 100 FT RING ROAD, J P NAGAR, BANGALORE - 560078MAHB00011555600140131800222340
JAYANAGAROPP.NMKRV WOMENS COLLEGE, 3RD BLOCK, JAYANAGAR, BANGALORE - 560011 .MAHB0001374560014016080-26642727
INDIRA NAGARNO.6, IST MAIN, DOMLUR II STAGE, INDIRANAGAR, BANGALORE - 560071MAHB000133756001401518002334526

Products Offered by the Bank Of Maharashtra in Bengaluru

There are myriads of products that is offered by Banks of Maharashtra. It provides all kinds of loan and deposits so as to serve the different strata of the society. You can select and avail the products according to your requirement. They offer all types of loan such as the home loan, personal loan, gold loan, car loan, vehicle loan etc. to fulfill the requirements of the people. They also offer the fixed deposit in which the people can deposit their money for a fixed period of time and can get the interest rate over the principal amount. Thus, Bank of Maharashtra provides one of the best solutions to the people with their products and services.

Basic details about the Bank of Maharashtra products

ProductEligibilityLoan 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.
₹1.50 lakh12.70%1% of the loan amount + service tax (as applicable)36 months
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.
No maximum limit for metro cities
not more than ₹15,00,000 for rural areas.
Not more than ₹25,00,000 for semi- urban area.

8.70% - 10.25%

Nil30 years
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%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.
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 salary.8.70%Nil84 months
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%0.25% of the loan amount ( minimum ₹ 500)60 months
Fixed depositBelow mentioned individual or group are eligible for a fixed deposit
The 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

The documents required for different products in Bank of Maharashtra Bengaluru are mentioned below: 

ParticularsDetails
Interest Rate12.70%
Loan AmountUp to ₹1.5 lakhs
tenureup to 36 months
Processing Fee1% of the loan amount
Prepayment ChargesAs per bank's norms

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