About Bank of Maharashtra Personal Loan in Chandigarh
Chandigarh is known for its infrastructure and lively atmosphere. This city teaches us to have a balanced outlook towards life. Along with being perfectly clean and outstandingly crime-free, Chandigarh is also the hub of national and personal development. Having quite a number of branches in the city, Bank of Maharashtra has a pretty good clientele in Chandigarh. Bank of Maharashtra Personal Loan has been the core of many aims that have seen the daylight. Having many happy and content customers, bank of Maharashtra has done its share towards development with its one of the finest products- Bank of Maharashtra Personal Loan.
Apply Personal Loan @ 10.75%* Rate
Bank of Maharashtra Personal Loan in Chandigarh at a glance
| Particulars | Details |
|---|---|
| Interest Rate | 9.50% - 12.80% |
| Loan amount | Up to ₹1.5 lakhs |
| Tenure | Up to 36 months |
| Processing Fee | 1% of the loan amount |
| Pre- payment charges | As 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.
Documentation Required for Bank of Maharashtra 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.
To know more details, visit Personal Loan Chandigarh.
Address of Bank of Maharashtra Branches in Chandigarh
| Branch Name | Address | IFSC Code | MICR | Contact details |
|---|---|---|---|---|
| Chandigarh | SCO 88 - 89, Sector- 17, Chandigarh | MAHB0000384 | 160014001 | 0172-2704416, 0172-2702253 |
| Sector 45 - C, Chandigarh | SCO 121 - 122 Sector 45C , Chandigarh - 160047 | MAHB0001296 | 160014004 | 1800-233-4526 |
| Sector - 38D, Chandigarh | SCO - 307, Sector - 38D Chandigarh - 160038 | MAHB0001359 | 160014005 | 0172-2690026 |
| Sector 47 - C, Chandigarh | SCO 115, Sector 47C , Chandigarh- 160047 | MAHB0001437 | 160014007 | 0172-5034186 |
| MOHALI PHASE II | S.C.F.71, Phase -2, Mohali, Dist. - Mohali, Punjab - 160055 | MAHB0001740 | 160014009 | 0172-2225091 |