Bank of Maharashtra Personal Loan in Pune

About Bank of Maharashtra Personal Loan in Pune

Pune is one of the biggest centre of cultural and religions diversity in the state of Maharashtra. Home to many IT and finance companies, Pune is well known for development on a personal as well as national level. Having a robust and widespread network of finances people of Pune would never disappoint you when it comes to financial management. Bank of Maharashtra Personal Loan has been a personal favourite of the people of Pune since a long time. They prefer this product in particular as they like nothing but the best. Bank of Maharashtra has been lending a helping hand to various private and educational needs of people in Pune to support their dreams financially and help them achieve what they aspire for. Let us know more about this product.

Bank of Maharashtra Personal Loan in Pune 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 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 Pune.

Address of Bank of Maharashtra Branches in Pune

Branch NameAddressIFSC CodeMICR Contact Details   
Bajirao RoadJanmangal, 1177, Budhwar Peth Pune 411002MAHB0000001411014010020-24475520
Deccan Gymkhana, Pune1257, Deccan Gymkhana, Pawar Bldg, Pune 411004MAHB0000003411014014020-25531290/ 25532930
Khadki, PuneDeepashri, 157 Old Bazar, Khadki, Pune 411003MAHB0000007411014024020-25816029
Bhavani Peth, PuneSaikripa 122 Gul Ali Sanas Building Bhawani Peth Pune 411042MAHB0000028411014002020-26354588
Somwar Peth, Pune444, Somwar Peth, Agarkar High School Premises.MAHB00000404110140511800-102-2636
Tilak Road, PuneS P College Ground, Tilak Road, Pune 411030MAHB0000041411014055020-24336590/ 24336635
Shivajinagar, PunePashankar Building, Shivaji nagar, Pune - 411005MAHB0000041411014055020-24336590/ 24336635
Pune University132/B Plot No2, University Road, Pune 411007MAHB00000494110140571800-233-4526

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