Bank of Maharashtra Personal Loan Interest Rates

Salaried Self-Employed
Interest Rate 1 year MCLR + 4.00% = 12.95% p.a. Up to Rs.1.5 lakh: 1 year MCLR + 2.00% = 10.95% p.a.
Loan Amount Maximum: Rs.1.50 lakh Vary on a case to case basis, depending upon factors like assessed requirement, financial viability, repayment capacity etc.
Loan Tenure Maximum: 36 months Maximum: 60 months
Lowest EMI NA NA
Processing Fee 1.00% of the loan amount subject to a minimum of Rs.1,000 + GST + Swachh Bharat Cess. 1% of the loan for amount above Rs.25,000. Taxes additional.
Prepayment/Foreclosure Charges NA NA


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