Bank of Maharashtra Home loan Interest Rates

When it comes to availing a home loan, it would not be wrong to say that there are plenty of renowned lenders are there. But, if we talk about offering the home loan at lowest interest rates, there is only one name that strikes the mind, Bank of Maharashtra. Yes, the Bank of Maharashtra Home Loan is available at an attractive interest rate to choose from. So, without wasting any time further, let’s just know more about the interest rates offered by BOM in the page below.

Interest Rate Comparison Tool

All that glitters is not gold; the same goes for loans! Have you done your research?

Compare Banks. Estimate EMIs. Enable Wishes on wishfin.com

Bank of Maharashtra Home loan Interest Rates December 2018

 
ParticularsDetails
Interest Rate8.75% - 8.85%
Loan AmountUp to ₹15 Lakh(rural areas), ₹25 Lakh (semi-urban areas)
Tenure20-30 Years
Processing FeeAs applicable by the bank

Bank of Maharashtra MCLR (Marginal Cost of  Funds Based Lending Rates) (w.e.f 07.12.2017)

MCLR BenchmarkMCLR (in %)
Overnight8.1
1 Month8.15
3 Months8.2
6 Months8.55
1 Year8.65

Base Rate : 9.60% (w.e.f. 07.10.2017)
BPLR : 15.00% ( With effect from 01. 10. 2011 )

Bank of Maharashtra Home loan Balance Transfer Interest Rates

If you want to lower your EMI and Interest Outgo burden, transferring your existing home loan to BOM would be an ideal choice to make. Yes, transferring the same would allow you not only save big on your monthly installments but make you enjoy the lower home loan interest rates as well. Thus, going for BT helps in reducing your loan burden.

People Also Look For

Personal Loan Interest Rates December 2018
Bajaj Finserv10.99% - 16.00%
Fullerton India14.00% - 33.00%
HDFC Bank11.25% - 21.50%
ICICI Bank10.99% - 18.40%
IndusInd Bank10.99% - 16.00%
Kotak Bank10.99% - 20.99%
RBL13.00% - 18.00%
Standard Chartered Bank12.00% - 17.00%
Tata Capital10.99% - 18.00%
Home Loan Interest Rates December 2018
State Bank of India/SBI8.70% - 9.25%
HDFC8.80% - 9.70%
Bank of Baroda8.65% - 9.65%
LIC Housing8.85% - 9.05%
PNB Housing Finance9.00% - 13.00%
ICICI Bank9.00% - 9.25%
Axis Bank8.80% - 9.05%
Citibank9.00% - 9.85%
Indiabulls Housing Finance Limited8.80% - 11.05%
Kotak Bank8.90% - 8.75%
DHFL9.05% - 9.95%
Reliance Home Finance8.75% - 14.00%