Bank Of Maharashtra Lucknow
Last Updated : Jan. 31, 2017, 3:04 p.m.
About Bank Of Maharashtra
Bank of Maharashtra is one of the leading banks of India which has been operating since 1936. The bank has a long history as it was created to give the financial aid to the people of Maharashtra and promote the trade and commerce in the state. The bank dates back to the pre- independence era and since then it has evolved with the time. It has spread its network in the entire country and is one of the leading banks in India. The bank has opened its branches in the city of Lucknow and made the contribution by providing the financial security to the small business and the people in general equally.
The main aim of the bank is to move forward and be a game changer in the international arena. The vision of the company is to grow rapidly with the help of continuous use of the technology. The bank wants to reach every nook and corner of the world and serve all strata of the society. The need for the banking solution at the rural areas are important and it is trying to reach the last person in order to make them financially secure. The mission to reach the people everywhere can be achieved by building a vibrant, professional and proactive workforce. It wants to work by keeping the integrity and values of its employee and shareholder intact and enhance the money of the investors and shareholders.
Address of Bank Of Maharashtra Branches in Lucknow
| Branch Name | Address | IFSC Code | MICR | Contact Details |
|---|---|---|---|---|
| Lucknow Main | 21, Vidhan Sabha Marg, Lucknow 226001 | MAHB0000431 | 226014002 | 0522-2637487 |
| Gomtinagar, Lucknow | 2/10, Vineet Khand, Gomtinagar, Lucknow | MAHB0001237 | 226014003 | 1800-102-2636 |
| Aliganj, Lucknow | B - 22, Sector - 12, Aliganj, Lucknow - 226024 U.P. | MAHB0001249 | 226014004 | 0522-2364416 |
| Aminabad, Lucknow | 1st Floor, Shobhit Commercial Complex, Aminabad Lucknow 226018 | MAHB0001278 | 226014006 | 0522-2616203 |
| Chowk Lucknow | 46, Hasan Enclave, Tulsidas Marg, Chowk, Lucknow - 226021 | MAHB0001279 | 226014005 | 0522-2242383 |
| Vikas Nagar, Lucknow | Plot No. 12, Sector - 9, Vikas Nagar, Lucknow | MAHB0001281 | 226014007 | 0120-3245203 |
Products Offered by the Bank in Lucknow
Are you in need the best financial products in Lucknow? Lucknow being the city of Nawab has a wide variety of food that is available for them. Similarly, Bank of Maharashtra has the wide range of products that can accomplish the needs and requirements of the people of the city. The bank has the different type of loan products like home loan, gold loan, personal loan, car loan, vehicle loan etc to meet the expenses of emergency or requirements as per your need. It also offers the fixed deposit for the customer and gives chance to multiply the money. So, in order to avail the best banking services and products, Bank of Maharashtra is the best option available.
Basic details about the 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 in Bank of Maharashtra Lucknow 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. |