Bank of Maharashtra Personal Loan in New Delhi

Last Updated : April 25, 2017, 1:56 a.m.

About Bank of Maharashtra Personal Loan in New Delhi

New Delhi is not only the capital of the country but a true picture of what India consists of. This metropolitan city is home to people belonging to different religious groups,ethnicity and political orientations. New Delhi is a beautiful concoction of the old and the new bringing out the best of both the worlds. Bank of Maharashtra has seen this city evolve for ages and has been an active participant in its development. By bringing up products such like Bank of Maharashtra Personal Loan the bank has set its mark in the lives and heart of the people in this city. For ages, Bank of Maharashtra Personal Loan has funded financial urgencies of different kinds and intensities to satisfy its customers. Let us know more about what the relationship of New Delhi and Bank of Maharashtra.

Bank of Maharashtra Personal Loan in New Delhi at a glance

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.

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 New Delhi .

Address of Bank of Maharashtra Branches in New Delhi