Bank Of Maharashtra Hyderabad

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About  Bank Of Maharashtra

Bank of Maharashtra is rising to great heights by providing one of the best banking experience to the people since 1936. The bank was set up in Pune to cater the financial requirements of the people of Maharashtra. They want to reach to every level of the society to make the bank accessible in the remote areas as well. The bank aims to continue the usages of the latest technology and make a mark in the world. The bank is famous within the country and is aiming to create a trusted name for itself globally. The motivation of the shareholder and employees has given it the strength to move forward and sustain the trust and value. Hyderabad is the vibrant city and one of the known city of the world. Apart from good cuisine, one can see the growth of the city especially in the growth of IT and large sector. The investment is continuously pouring from different investors in the city and Bank of Maharashtra has provided the funds to many such companies and start up. They have contributed by providing the financial assistance to the people of the city and the companies alike.

Address of Bank Of Maharashtra Branches in Hyderabad

Branch Name AddressIFSC Code MICR Customer Care
Sultan Bazar, Hyderabad4/3 - 379, 447, 1st Floor, Bank Street Sultan Bazar, Koti Hyderabad 500001MAHB0000019500014002040-24756781
Kachiguda, HyderabadVer Savarkar Marg, Kachiguda, Hyderabad - 500027MAHB000038350001400424656549
Secunderabad, HyderabadMg Road, Paradise Circle, Chandralok Complex, Secunderabad - 500003MAHB000038750001400627720382
Basheerbagh, Hyderabad3 - 5 - 826, Shahnaz Jeddy Arcade, Near Caf? Bahar, Hyderabad - 500029MAHB000056550001400323244142
Khairatabad, Hyderabad6 - 2 - 975, Kushal Towers, Khairatabad, Hyderabad - 500004MAHB000091850001400523155272
Safilguda, HyderabadR.K. Nagar, Malkajgiri Hyderabad - 500047MAHB000095550001400827243126
Jambagh, Hyderabad5 - 1 - 514, Opp Putli Bowli Post Office, Vv Excelsior High School Bldg, Jambagh, Hyderabad - 500095MAHB000100750001400724744840
Service Branch, HyderabadService Branch, Iiird Floor, Bank Street, Koti, Hyderabad - 500001MAHB000113750001400124758868
Champapet, Hyderabad9 - 125, Nagarjuna Sagar Road, Champapet, Hyderabad - 500059MAHB000113850001400924073893
Agri Hi Tech , Hyderabad16 - 2 - 741/C/7, Asmangadh, Tv Tower X Road Signals, Dilsukhnagar, Hyderabad - 500036MAHB000114850001401024151805
Kukatpally, HyderabadRadhakrishna Estate, Kukatpally Housing Board, 4th Lane, Kukatpally, Hyderabad - 500072MAHB000117550001401123155272
Ecil Rd Kapra, Hyderabad2nd Floor, Vertex Pearl Complex, Srinivasa Nagar Colony, Ecil Road Kapra, Hyderabad - 500062MAHB000126650001401227144656
KothapetHouse No : 11 - 9 - 7/1. Gayathri Arcade Laxminagar Kothapet Hyderabad - 500035MAHB0001419500014014040-24144545
NizampetPlot No 2 / B, Seetha Rama Raju Nagar, Nizampet Road, Kukatpally, Hyderabad – 500085MAHB0001442500014015040-23890030
VanasthalipuramPlot No.C-174, Sy.No.201, Mig, Phase Ii, Vanasthalipuram, Hyderabad -500070MAHB00015865000140188019237907

Products Offered by the Bank in Hyderabad

Are you in need of the best banking experience? Your bank does not give you the assistance required? Now, you can switch your bank and associate with Bank of Maharashtra. It 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. Bank of Maharashtra is one of the main banks with so many branches all over Hyderabad to give customer satisfaction to everyone associated with it.

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 lakh11.65% - 12.65%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.
8.65% - 8.75%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 Bank Of Maharashtra Hyderabad are mentioned below

ParticularsDetails
Interest Rate11.65% - 12.65%
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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