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

Bank of Maharashtra Personal Loan in Bengaluru

About Bank of Maharashtra Personal Loan in Bengaluru

Bengaluru, also known as Bangalore, is the technology hub of India. This city is a unique mix of the old and the new with architectural marvels dating back to the 18th century to the 21st century hi-tech buildings and companies. Having said so, it wouldn’t be wrong to say that Bank of Maharashtra has a loyal clientele in Bangalore as it has been the spine of many aspirations that have come true. Ranging from educational funding to getting a car financed, Bank of Maharashtra has lent a hand in the realisation of many desires. Lets know more about this relationship which is more than that of a city and a bank.

Bank of Maharashtra Personal Loan in Bengaluru 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.

Required Documents

  • 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 Bengaluru.

Address of Bank of Maharashtra Branches in Bengaluru

Branch NameAddressIFSC CodeMICRContact details
BasavangudiUttaradi Mutt Road, Basavangudi, Bangalore - 560004MAHB00001625600140031800-233-4526
City Market13, Paxal Tower, K R Road Fort, City Market, Bangalore- 560002MAHB000030456001400226700477 26700318 26700404
MalleswaramEast Park Road, 8th Cross, Malleswaram, Bangalore -560004.MAHB00003445600140071800-233-4526
Shivajinagar22, Lady Curzon Road, Shivajinagar, BangaloreMAHB00004025600140081800-233-4526
Brigade RoadM/S Kotah Shopping Complex, 190 Brigade Road, Bangalore - 560001MAHB0000403560014004080-25588592
GandhinagarKheny Building, I Cross, I Main, Gandhinagar, Bangalore - 560009MAHB00004285600140061800-233-4526
Chamraj Peth317 - 1, Pampa Mahakavi Road, Chamraj Peth, Bangalore- 560002MAHB00005385600140051800-233-4526
Rajeshwari Nagar100/D, 12th Cross, Ideal Home Society, Rajeshwari Nagar, BangaloreMAHB00009425600140091800-233-4526
MICO LayoutNo. 20, BHCS Layout, MICO Layout, Bannerghatta Road, Bangalore - 560007 6MAHB0001021560014010080-26688302
Service BranchIst Floor, Uttaradi Mutt Road, Basavangudi, Bangalore - 560004MAHB0001100560014001080 -26527153
Agri Hitech15 Police Station Road Basavangudi Bangalore 560004MAHB00011465600140111800-233-4526
S S I 430/41, 56th Cross, 12th Main, 3rd Block, Rajajinagar, Bangalore - 560010MAHB0001147560014012080 -23503579
J P NagarNo. 54, 15th Cross, 19th MAIN, 100 FT Ring Road, J P Nagar, Bangalore - 560078MAHB00011555600140131800-233-4526
Indira NagarNo.6, Ist Main, Domlur II Stage, Indiranagar, Bangalore - 560071MAHB00013375600140151800-233-4526
JayanagarOpp. NMKRV Womens College, 3rd Block, Jayanagar, Bangalore - 560011 .MAHB0001374560014016080-26642727

  • 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%