Bank Of Maharashtra Gurugram

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About  Bank Of Maharashtra

The Bank of Maharashtra is the bank that was set up in Pune when the necessary to open an independent bank for Maharashtra was felt by many people. The bank of Maharashtra was set up in 1936. it is one of the leading banks in India. It now aspires to make its own identity globally. Gurugram, one of the most developed cities of India which is parts of Haryana and comes under NCR region. Like the city has made its presence felt globally similarly the bank wants to reach the every part of the world. The vision is to be the techno- savvy bank which can serve all sections of the society. The motive is to walk ahead by enhancing the shareholders and employee value. Gurugram is one of the vibrant and thriving city, the presence of the Bank of Maharashtra in the city has contributed to the development of the city. The city is one of the important hubs of IT sector and many large and small scale companies. There are many start up business in Gurugram, and the bank of Maharashtra has contributed to many projects to make the dream of the people to own their business true by providing the funds to the approved ideas. It has contributed to the development of the city by catering the needs and requirements of the people and business equally.

Address of Bank Of Maharashtra Branches in Gurugram

Branch NameAddressIFSC CodeMICR Customer Care
Gurugram (MAIN )Kirti Nagar Sector - 15 Part - 1 , Jharsa Road Gurugram( Haryana )MAHB00011891100140190124-2334495
Sushant Lok, GurugramGf - 1 - 2 B Block, Times Square, Sector Road, Sushant Lok, Gurugram - 122109 , HaryanaMAHB0001295110014032
Palam Vihar, GurugramChiranjeev Bharti School, F Block Palam Vihar, Gurugram - 122017MAHB00013081100140340124 2360948
Gurugram Sector - 56Sco - 86 District Shopping Centre, Sector - 56 Gurugram - 122001MAHB00013541100140440124-2570620
Sector - 9a, Gurugram108, Huda Complex, Sector - 9a Gurugram - 122001MAHB00014551100140490124-2251841, 2251842
Sohna Road GurugramGf - 16, Scottish Mall Sector 48, Sohna Road , Gurugram - 122001MAHB00014611100140500124-2211441
Garauli, GurugramBldg No.306, Umang Arcade, Pataudi Road, Ghaurali , Post- Basai, Gurugram -122001MAHB00016551100140550124-2164750
Gurugram Sector - 40Sco - 73 - 74 Huda Shopping Complex, Sector - 40 Gurugram - 122001MAHB00013471100140400124-2382041

Products Offered by the Bank in Gurugram

Want the best to avail the best banking products and services? Well, Bank of Maharashtra offers a wide range of products and services to its customer. There are several loan products like the home loan, personal loan, car loan, gold loan, etc that is helpful to the people as it provides the solution at the time of need. You can also invest your money in fixed deposit to earn good interest rate over your money.

Basic details about 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 lakh11.75% - 12.75%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.
8.75% - 8.85%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.8.90% - 9.40%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 the Bank of Maharashtra Gurugram are mentioned below

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.

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