Top Banks 2024
Bank Of Maharashtra Hyderabad
Last Updated : Jan. 28, 2017, 11:52 a.m.
About Bank Of Maharashtra
Bank of Maharashtra 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 | Address | IFSC Code | MICR | Customer Care |
|---|---|---|---|---|
| Sultan Bazar, Hyderabad | 4/3 - 379, 447, 1st Floor, Bank Street Sultan Bazar, Koti Hyderabad 500001 | MAHB0000019 | 500014002 | 040-24756781 |
| Kachiguda, Hyderabad | Ver Savarkar Marg, Kachiguda, Hyderabad - 500027 | MAHB0000383 | 500014004 | 24656549 |
| Secunderabad, Hyderabad | Mg Road, Paradise Circle, Chandralok Complex, Secunderabad - 500003 | MAHB0000387 | 500014006 | 27720382 |
| Basheerbagh, Hyderabad | 3 - 5 - 826, Shahnaz Jeddy Arcade, Near Caf? Bahar, Hyderabad - 500029 | MAHB0000565 | 500014003 | 23244142 |
| Khairatabad, Hyderabad | 6 - 2 - 975, Kushal Towers, Khairatabad, Hyderabad - 500004 | MAHB0000918 | 500014005 | 23155272 |
| Safilguda, Hyderabad | R.K. Nagar, Malkajgiri Hyderabad - 500047 | MAHB0000955 | 500014008 | 27243126 |
| Jambagh, Hyderabad | 5 - 1 - 514, Opp Putli Bowli Post Office, Vv Excelsior High School Bldg, Jambagh, Hyderabad - 500095 | MAHB0001007 | 500014007 | 24744840 |
| Service Branch, Hyderabad | Service Branch, Iiird Floor, Bank Street, Koti, Hyderabad - 500001 | MAHB0001137 | 500014001 | 24758868 |
| Champapet, Hyderabad | 9 - 125, Nagarjuna Sagar Road, Champapet, Hyderabad - 500059 | MAHB0001138 | 500014009 | 24073893 |
| Agri Hi Tech , Hyderabad | 16 - 2 - 741/C/7, Asmangadh, Tv Tower X Road Signals, Dilsukhnagar, Hyderabad - 500036 | MAHB0001148 | 500014010 | 24151805 |
| Kukatpally, Hyderabad | Radhakrishna Estate, Kukatpally Housing Board, 4th Lane, Kukatpally, Hyderabad - 500072 | MAHB0001175 | 500014011 | 23155272 |
| Ecil Rd Kapra, Hyderabad | 2nd Floor, Vertex Pearl Complex, Srinivasa Nagar Colony, Ecil Road Kapra, Hyderabad - 500062 | MAHB0001266 | 500014012 | 27144656 |
| Kothapet | House No : 11 - 9 - 7/1. Gayathri Arcade Laxminagar Kothapet Hyderabad - 500035 | MAHB0001419 | 500014014 | 040-24144545 |
| Nizampet | Plot No 2 / B, Seetha Rama Raju Nagar, Nizampet Road, Kukatpally, Hyderabad – 500085 | MAHB0001442 | 500014015 | 040-23890030 |
| Vanasthalipuram | Plot No.C-174, Sy.No.201, Mig, Phase Ii, Vanasthalipuram, Hyderabad -500070 | MAHB0001586 | 500014018 | 8019237907 |
Products Offered by Bank of Maharashtra 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
| 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 for different products at Bank Of Maharashtra Hyderabad 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. |