Bank of Maharashtra Personal Loan Hyderabad - Eligibility, Rates February 2024, EMI, IFSC

Bank of Maharashtra Personal Loan in Hyderabad

About Bank of Maharashtra Personal Loan in Hyderabad

Hyderabad, now the capital of Telangana state, is a major centre of technological industries and small scale enterprises and businesses. People of Hyderabad believe in consistent upgradation and development on multiple levels of their personality. Financing quite a chunk of this city is the Bank of Maharashtra. The association of Bank of Maharashtra and Hyderabad is an old one. Bank of Maharashtra Personal Loan has provided stepping stones to many dreams in this city. Providing financial assistance since more than a decade, Bank of Maharashtra hasn’t left its ground since its inception in this city. Read on to know further!

Bank of Maharashtra Personal Loan in Hyderabad at a glance

Interest Rate9.50% - 12.80%
Loan AmountUp to ₹1.5 lakhs
tenureup to 36 months
Processing Fee1% of the loan amount
Prepayment 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 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 Hyderabad.

Address of Bank of Maharashtra Branches in Hyderabad

Branch NameAddressIFSC CodeMICR Customer Care
Sultan Bazar, Hyderabad4/3 - 379, 447, 1st Floor, Bank Street Sultan Bazar, Koti Hyderabad 500001MAHB0000019500014002040-24756781
Kachiguda, HyderabadVer Savarkar Marg, Kachiguda, Hyderabad - 500027MAHB000038350001400424656549
Secunderabad, HyderabadMg Road, Paradise Circle, Chandralok Complex, Secunderabad - 500003MAHB000038750001400627720382
Basheerbagh, Hyderabad3 - 5 - 826, Shahnaz Jeddy Arcade, Near Caf? Bahar, Hyderabad - 500029MAHB000056550001400323244142
Khairatabad, Hyderabad6 - 2 - 975, Kushal Towers, Khairatabad, Hyderabad - 500004MAHB000091850001400523155272
Safilguda, HyderabadR.K. Nagar, Malkajgiri Hyderabad - 500047MAHB000095550001400827243126
Jambagh, Hyderabad5 - 1 - 514, Opp Putli Bowli Post Office, Vv Excelsior High School Bldg, Jambagh, Hyderabad - 500095MAHB000100750001400724744840
Service Branch, HyderabadService Branch, Iiird Floor, Bank Street, Koti, Hyderabad - 500001MAHB000113750001400124758868
Champapet, Hyderabad9 - 125, Nagarjuna Sagar Road, Champapet, Hyderabad - 500059MAHB000113850001400924073893
Agri Hi Tech , Hyderabad16 - 2 - 741/C/7, Asmangadh, Tv Tower X Road Signals, Dilsukhnagar, Hyderabad - 500036MAHB000114850001401024151805
Kukatpally, HyderabadRadhakrishna Estate, Kukatpally Housing Board, 4th Lane, Kukatpally, Hyderabad - 500072MAHB000117550001401123155272
Ecil Rd Kapra, Hyderabad2nd Floor, Vertex Pearl Complex, Srinivasa Nagar Colony, Ecil Road Kapra, Hyderabad - 500062MAHB000126650001401227144656
KothapetHouse No : 11 - 9 - 7/1. Gayathri Arcade Laxminagar Kothapet Hyderabad - 500035MAHB0001419500014014040-24144545
NizampetPlot No 2 / B, Seetha Rama Raju Nagar, Nizampet Road, Kukatpally, Hyderabad – 500085MAHB0001442500014015040-23890030
VanasthalipuramPlot No.C-174, Sy.No.201, Mig, Phase Ii, Vanasthalipuram, Hyderabad -500070MAHB00015865000140188019237907

  • Personal Loan Interest Rates February 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%