Bank Of Maharashtra Jaipur

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About  Bank Of Maharashtra

Bank of Maharashtra was set up in 1936 at Pune to meet the finances of the State. With the changing times, the bank has progressed and it has spread its network in the entire country. The bank of Maharashtra in Jaipur has also managed to open many branches and contribute to strengthening the financial need of the city. The bank vision is to be one of the best in the world. It wants to extend the banking facility in all parts of the country to serve people from different sections of the society. The purpose of the bank is to be techno- savvy and customer centric. The bank wants its product to be beneficial for the customer. The customer satisfaction is one of the important criteria of the bank. Therefore it has a vibrant and proactive workforce which can enhance the value shareholders and customers. It wants to move forward keeping its integrity intact. The uses of technology is also an important aspect which contributes to the growth of the bank. It wants to continue the use of best technology to grow further to create a better platform for the customer in terms of services and facilities available to them. It has made a name of its own by creating the trust among the shareholders and customers.

Address of Bank Of Maharashtra Branches in Jaipur

Branch Name AddressIFSC Code MICR Customer Care
M.I. Road JaipurBhagwati Bhawan, Mirza Ismail Road, Jaipur 302001MAHB00003893020140020141-2367050
Malviya Nagar, JaipurA - 17 To 20, 23 Indra Palace Malviya Nagar Jaipur - 302017 RajasthanMAHB00012433020140031800-102-2636
Vaishali Nagar Jaipur3 Pratap Nagar Khatipura Road Jaipur - 302021 RajasthanMAHB00013523020140040141-2358265
Vidyadhar Nagar JaipurG - 25/26 & B - 25/26/27, Unnati Tower, Central Spine Vidyadhar Nagar Jaipur RajasthanMAHB00013603020140050141-2334825
?gopalpura ByepassPlot No - 68, P - 9, Sector - 6 Sanganer, Tonk Road, Pratap Nagar Jaipur - 302030MAHB00013933020140070141-2793016
JhothwaraPlot No 96, Kalyan Kunj, Kalwar Road Near Kanta Chouraha, Jaipur - Pin 302012MAHB00014393020140080141-2345257
Raja Park, JaipurS - 13 , Tilak Nagar Shopping Centre , Opposite Lbs College , Raja Park, JaipurMAHB0001486302014009+91 2942467111
C-Scheme JaipurBank Of Maharashtra, K.J City Tower, Ashok Marg, C-Scheme, Jaipur-302001MAHB00017103020140128890082657
ChitrakootPlot No.-E2, Gotam Marg, Chitrakoot, Vaishali Nagar, Jaipur, Rajasthan-302021MAHB00018863020140139214442389

Products Offered by the Bank in Jaipur

If you are still wondering which is the best bank in terms of services and products, stop pondering and start with Bank of Maharashtra for the best banking experience. 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 and increase their money. So, Bank of Maharashtra is one of best banks to have the banking relationships in Jaipur.

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.8.90% - 9.40%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 the different products in Bank of Maharashtra Jaipur are mentioned in the table 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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