Bank of Maharashtra Personal Loan in Jaipur

About Bank of Maharashtra Personal Loan in Jaipur

Jaipur, the pink city of India is home to many small scale entrepreneurs and businessmen. The booming industrial sector of the city has never seen so much of commercialisation in the past. With increasing need for financial upliftment and support, Bank of Maharashtra has marked its presence in Jaipur for a very long time now. bank of Maharashtra Personal Loan has funded many dreams of the budding entrepreneurs and students of the city. Ranging from financial emergencies of a businessman to that of an aspiring student, Bank of Maharashtra has backed up all of them with its ace product- Bank of Maharashtra Personal Loan. Read on to know more!

Bank of Maharashtra Personal Loan in Jaipur 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

Apply For Personal Loan

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 Needed 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 Jaipur.

Address of Bank of Maharashtra Branches in Jaipur

Branch NameAddressIFSC CodeMICRContact details
M.I. RoadBhagwati Bhawan, Mirza Ismail Road, Jaipur- 302001MAHB00003893020140020141-2367050/0141-2374207
Malviya NagarA - 17 TO 20, 23 Indra Palace Malviya Nagar Jaipur - 302017 MAHB00012433020140031800-233-4526
Vaishali Nagar3 Pratap Nagar Katipura Road Jaipur - 302021MAHB00013523020140040141-2358265 / 2358267
Vidyadhar NagarG - 25/26 & B - 25/26/27, Unnati Tower, Central Spine Vidyadhar Nagar, JaipurMAHB00013603020140050141-2334825 / 2334826
Gopalpura ByepassJDA Shop No. 14, Mansarovar Link Road Gopalpura Byepass Jaipur - 302018MAHB00013723020140060141-2763218 / 2763416
Pratap NagarPlot No. - 68, P - 9, Sector - 6 Sanganer, Tonk Road, Pratap Nagar Jaipur - 302030MAHB00013933020140070141-2793016/2793017/2793017
JhothwaraPlot No. 96, Kalyan Kunj, Kalwar Road Near Kanta Chouraha, Jaipur- 302012MAHB00014393020140080141-2345257/2345258
Raja ParkS - 13 , Tilak Nagar Shopping Centre, Opp. LBS College , Raja Park, JaipurMAHB000148630201400991 2942467111
C-SchemeK.J City Tower, Ashok Marg, C-Scheme, Jaipur- 302001MAHB00017103020140128890082657
ChitrakootPlot No.-E2, Gotam Marg, Chitrakoot, Vaishali Nagar, Jaipur- 302021MAHB00018863020140139214442389
DudhiyaH. No. 377, Indore Nemawar Main Road, Dudhiya, Dist. Indore- 452016MAHB00016174520140121800-233-4526

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HDFC Bank11.25% - 21.50%
ICICI Bank10.99% - 18.40%
IndusInd Bank10.99% - 16.00%
Kotak Bank10.99% - 20.99%
RBL13.00% - 18.00%
Standard Chartered Bank12.00% - 17.00%
Tata Capital10.99% - 18.00%
Home Loan Interest Rates December 2018
State Bank of India/SBI8.70% - 9.25%
HDFC8.80% - 9.70%
Bank of Baroda8.65% - 9.65%
LIC Housing8.70% - 9.05%
PNB Housing Finance9.00% - 13.00%
ICICI Bank9.00% - 9.25%
Axis Bank8.80% - 9.05%
Citibank9.00% - 9.85%
Indiabulls Housing Finance Limited8.80% - 11.05%
Kotak Bank8.90% - 8.75%
DHFL9.05% - 9.95%
Reliance Home Finance8.75% - 14.00%