Bank of Maharashtra Personal Loan Ahmedabad - Eligibility, Rates March 2024, EMI, IFSC

Bank of Maharashtra Personal Loan in Ahmedabad

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

Interest Rate9.50% - 12.80%
Loan amountUp to ₹1.5 lakhs
TenureUp to 36 months
Processing Fee1% of the loan amount
Pre- payment chargesAs per bank’s norms

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

Branch NameAddressIFSC CodeMICRContact details
BhadraMavlankar Haveli, Vasant Chowk, Bhadra Ahmedabad 380001MAHB0000213380014002079-25503058 079-25500818
Relief RoadImperial Building, 1st Floor, Opp Kalupur Police Station, Relief Road - 380001MAHB00003933800140031800-233-4526
Maninagar Mukta Mahal Bhairavnath Road Ahmedabad 380008MAHB00005423800140041800-233-4526
HathijanNear Shri Lal Gabi Aashram, Hathijan, AhmedabadMAHB0000702380014011079-25841036
Navrangpura Raja Complex, Near Vijay Char Rasta, Navrangpura Ahmedabad 380009MAHB00007543800140061800-233-4526
Ashram Road10 Embassy Market Ashram Road 380008MAHB00007733800140081800-233-4526
NarolKala Complex 1st Floor Narol Chowkdi Transport Nagar 382405MAHB00008503800140071800-233-4526
KeshavnagarGanga Kanchan Complex, Ground Floor, Opp. RTO, Keshavnagar - 380027MAHB00009263800140091800-233-4526
Ambavadi Landmark Aptt.Opp Ahmedabad Stock Exchange - 3800015MAHB00009713800140101800-233-4526
Atwalines, SuratLaxmi Narayan Apts., God Daud Road, Near Ram Chowk, Surat 395001MAHB00009833950140031800-233-4526
Service Branch 1st Floor, Raja Complex Opp Barista Cafe Vijay Cross Road Navrangpura Karelibauh - 380009MAHB0001153380014001079-26443919
SG HighwaySapath - IV, GF/2 Opp. Karnavati Club Ahmedabad - 380032MAHB0001399380014013079-26925774
NaranpuraShop No. 7 - 9, Sanchet No. III, MIR Ambikanagar, Near Kids Garden, Naranpura - 380015MAHB00015153800140149825730651
SatelliteSaket - 4, Prerna Tirth Road, Jodhpur, Satellite, Ahmedabad - 380015MAHB0001516380014016079-29096398
VastrapurSuper Plaza, Sanand Press Main Road, Vastrapur, Ahmedabad - 380015MAHB00015173800140159825865934

  • Personal Loan Interest Rates March 2024
    HDFC Bank10.75% - 14.50%
    ICICI Bank10.75% - 19.00%
    IndusInd Bank10.25% - 26.00%
    Kotak Bank10.99%
    RBL14.00% - 23.00%
    SMFG India Credit12.00% - 24.00%
    Standard Chartered Bank11.49%
    Tata Capital10.50% - 24.00%