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.
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Bank of Maharashtra Home loan Interest Rates February 2023
|Interest Rate||7.05% - 8.40%|
|Loan Amount||Up to INR 15 Lakh(rural areas), INR 25 Lakh (semi-urban areas)|
|Processing Fee||As applicable by the bank|
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.