Bank of Maharashtra Personal Loan in Ahmedabad

Last Updated : April 22, 2017, 11:56 a.m.

About Bank of Maharashtra Personal Loan in Ahmedabad

Gujarat is the westernmost state of India and home to the budding entrepreneurs. It is a common belief that the people of Gujarat are born with entrepreneurial skills. Ahmedabad is the heart and lifeline of Gujarat. Many small and large scale businesses and enterprises are responsible for its hustle-bustle. Many dreams are born everyday in this city. Bank of Maharashtra Personal Loan makes sure that every dream gets to breath in this Urban Centre. Read on to know more!

Bank of Maharashtra Personal Loan in Ahmedabad at a glance

Apply Personal Loan @ 10.75%* Rate

Eligibility Criteria

• The applicant must be in the age bracket of 21 years to 60 years.
• Salaried individuals who are existing housing loan borrowers can apply.
• Those with a corporate salary account holders and a minimum of 2 years of employment history can apply. They must have completed at least 1year in the current organization and must have a minimum of 1 year long relationship with the bank.
• Net income of salaried individuals who are existing housing loan borrowers should be at least ₹2.5 lakhs. ITR/Form 16 for the past 2 years from the employer is compulsory.
• Net income of those holding a corporate salary account should be at least ₹3 lakhs.  ITR/Form 16 for the past 2 years from the employer is required.
• The employee should have a salary account with the bank.
• The minimum net salary is expected to be more than 25% or ₹ 10,000/- per month, whichever is higher.

Documents Required for Personal Loan Application

• 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.

To know further details, visit Personal Loan Ahmedabad .

Address of Bank of Maharashtra Branches in Ahmedabad