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

ParticularsDetails
Interest Rate11.75% - 12.75%
Loan amountUp to ₹1.5 lakhs
TenureUp to 36 months
Processing Fee1% of the loan amount
Pre- payment chargesAs per bank’s norms

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

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