Bank of Maharashtra Noida
Last Updated : Jan. 31, 2017, 6:31 p.m.
About Bank of Maharashtra
Bank of Maharashtra was set up in 1936 at Pune to meet the finances of the state of Maharashtra. With the changing times, the bank has progressed and it has widened its network in the entire country and has opened branches across India. The bank of Maharashtra in Noida has also managed to open many branches and contribute to strengthens the financial need of the city. There are large investments made in the city and the bank provides them the required monetary support to set up their company in the city. Bank of Maharashtra has contributed a lot in assuring the financial stability of the people as well as many businesses in Noida.
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 and making difference by increasing the money of the shareholders.
Address of Bank of Maharashtra Branches in Noida
| Branch Name | Address | IFSC Code | MICR | Contact Details |
|---|---|---|---|---|
| Noida | A - 367, Sector - 12, Noida - 201301 | MAHB0001201 | 110014020 | 1800-233-4526 |
| Greater Noida Lucknow | Shop No.3 S.L.Tower, Alpha - I Commercial Belt, Greater Noida 201308 | MAHB0001294 | 110014031 | 0120-3245203 |
| Noida Ii - Sector - 62 | Plot No C - 56/40, Sector - 62, Noida - 201301 | MAHB0001340 | 110014037 | 0120-2401716 |
| Noida Sector 51 | A - 84 Sector - 51, Noida (UP) Pin 201303 | MAHB0001420 | 110014047 | 0120-2480163 |
| SEC 48 NOIDA | B 175, SEC 48 NOIDA | MAHB0001426 | 110014048 | 0120-2571175 |
Products Offered by the Bank in Noida
Bank of Maharashtra 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. It has designed many special schemes for different So, Bank of Maharashtra is one of best banks to have the banking relationships in Noida.
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 by the Bank of Mahrashtra Noida 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. |