Bank Of Maharashtra Guwahati
Last Updated : Jan. 28, 2017, 11:15 a.m.
About Bank Of Maharashtra
Bank of Maharashtra is the known name in the banking world since 1934. The bank is one of the trusted banks of the country. The main motive of the bank is to spread its network throughout the world and make the banks a part of everybody’s life. The vision of the bank is to produce the best banking solutions to the people. It works hard to be better every day and use the latest technology to be one of the best in the world. The bank wants its presence to be acknowledged globally. It wants to make its presence felt beyond the boundaries. Bank of Maharashtra symbolizes strength and service. It wants to create a vibrant, energetic and proactive workforce with a collaboration of the continuous use of technology to work and reach all the sections of the society. It is one of customer- centric bank which toils hard to reach every corner especially the remote parts to provide them the banking experience through their products and services. Guwahati being one of the important city of north east, the presence of branches of Bank of Maharashtra shows their aspiration to be present everywhere. The bank has been set up to provide financial support to uplift the monetary situation of the people and to strengthen the infrastructure of the people.
Address of Bank Of Maharashtra Branches in Guwahati
| Branch Name | Address | IFSC Code | MICR | Customer Care |
|---|---|---|---|---|
| Guwahati | DC complex, Ss Road, Lakhtokia, Fancy Market Guwahati 781001 | MAHB0001275 | 781014002 | 1800234526 |
| Ganeshguri, Guwahati | Hengrabari Road, Ganeshguri, Dispur, Po Assam Sachivalaya, District: Kamrup (M), Guwahati - 781 006 | MAHB0001533 | 781014003 | 0361-2232818 |
Products Offered by the Bank in Guwahati
If you are in need of funds for the emergency or build a home for yourself. Worry no more as Bank of Maharashtra has the best banking solutions for you. They offer a vast range of products and services. 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 the fixed deposit to earn good interest rate over your money and increase your wealth. If you are in Guwahati, remember to do all your banking business from Bank of Maharashtra .
Basic details about Bank of Maharashtra products
| Product | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Personal loan | 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 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 lakh | 9.50% - 12.80% | 1% of the loan amount + service tax (as applicable) | 36 months |
| Home loan | 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 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. | 8.60% - 10.80% | Nil | 30 years |
| Education loan | The 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% | Nil | Moratorium: 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 loan | The 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. | 6.40% onwards | Nil | 84 months |
| Vehicle loan | The 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 deposit | Below 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. | Nil | 7 days to 10 years |
Documents Required
The documents required by the Bank of Maharashtra Guwahati are mentioned below
| Product | Documents |
|---|---|
| Personal Loan | 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. |
| Car Loan | 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 Bank statement – Last 3 months bank statement/ last 6 months bank passbook. |
| Home Loan | 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 |
| Education Loan | Duly 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 Loan | 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 Bank statement – Last 3 months bank A valid driving license Assessment order |
| Fixed deposit | A 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. |