Bank of Maharashtra Personal Loan Interest Rates

If you are someone who wants to avail Bank of Maharashtra personal loan, this page is going to be worth reading for you. The bank offers the best of personal loan online in order to meet the multiple needs of one and all. Talking about the interest rates, the lender offers the loan at an attractive interest rate, hence helps in lowering the Interest and EMI burden of all the borrowers. To know more about the personal loan interest rates offered by BOM, read the page below.

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Bank of Maharashtra Personal Loan Interest Rates

 
ParticularsDetails
Interest Rate11.75% - 12.75%
Loan AmountUp to ₹1.50 Lakh
Tenure3 Years
Processing Fee1% of the Loan Amount

Bank of Maharashtra MCLR (Marginal Cost of  Funds Based Lending Rates) (w.e.f 07.12.2017)

MCLR BenchmarkMCLR (in %)
Overnight8.1
1 Month8.15
3 Months8.2
6 Months8.55
1 Year8.65

Base Rate : 9.60% (w.e.f. 07.10.2017)
BPLR : 15.00% ( With effect from 01. 10. 2011 )

Bank of Maharashtra Personal Loan Balance Transfer Interest Rates

If you want to reduce your EMI and Interest burden, all you need to do is transfer your existing personal loan to BOM. That’s Right! After doing the same,you would be able to enjoy an attractive interest rate on your existing personal loan.

 

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