10 Lakh Home Loan Bank of Maharashtra

The Bank of Maharashtra offers a convenient 10 Lakh home loan option for purchasing or renovating your home, featuring attractive interest rates. The flexible repayment plans allow you to manage your monthly expenses effectively. Applying for a home loan is straightforward and can be done online, ensuring a quick and efficient process with minimal documentation.

The Maha Super Flexi Housing Loan Scheme links your loan account to a savings account, enabling you to reduce interest by depositing extra funds and accessing your money as needed. Use the 10 Lakh loan emi calculator to plan your finances. The Bank of Maharashtra home loan provides a convenient solution with competitive interest rates to meet your needs.

Explore the 10 Lakh home loan emi options for 10 or 20 years and check your 10 Lakh home loan eligibility with the Bank of Maharashtra today.

10 Lakh Home Loan Bank of Maharashtra Highlights

Following are the key highlights of the 10 lakh home loan Bank of Maharashtra:

10 Lakh Home Loan EMI for 5 Years in Bank of Maharashtra

The EMI for the Bank of Maharashtra 10 Lakh Home Loan for 5 years is given below:

10 Lakh Home Loan EMI for 10 Years in Bank of Maharashtra

Here are the approximate EMI calculations for a 10 lakh Bank of Maharashtra home loan over a period of 10 years:

10 Lakh Bank of Maharashtra Home Loan – Fees and Charges

Following are the fees and charges associated with a 10 lakh Bank of Maharashtra home loan:

10 Lakh Bank of Maharashtra Home Loan – Documents Required

Following are the documents that are required to avail of a 10 lakh Bank of Maharashtra home loan: 

• Proof of Identity: Aadhar Card, Election ID Card, PAN Card, Passport, Voter ID or Driving License.
• Proof of Address: Aadhar Card, Election ID Card, Electricity Bill, Landline Bill, Passport, Driving Licence
• Proof of Income: Last 3 months’ salary slip, Copy of past 2 years IT returns, Bank account statement of last 6 months
• Property Documents: Payment receipts, Copy of design of construction, Authority permission for construction, Sale-Deed Agreement, Concession Letter
• For NRIs: Visa copy, Continuous Discharge Certificate, Salary Certificate, Copy of Employment Contract, Overseas Bank Account last 6 months statement, Passbook
• For PIOs: Copy of PIO Card, Passport, Parent’s or Grandparent’s Passport with PIO Details

10 Lakh Bank of Maharashtra Home Loan – Eligibility Criteria

To be eligible for a 10 Lakh Bank of Maharashtra Home Loan, you must meet the following criteria:

• Employment: The candidate must have held a permanent position for at least one year with the current organisation, whether it’s in the Central/State Government, PSUs, or reputable private sector companies.
• Age Criteria: Minimum of 21 years and maximum of 60 years.
• Eligibility for Self-Employed: Businessmen and Pensioners—This category includes professionals, businessmen, and pensioners with a pension account at the Bank of Maharashtra who have sufficient disposable income, as well as farmers with at least 5 acres of irrigated land and adequate disposable income.
• Professional Age Limit: The age limit for doctors, architects, chartered accountants, etc., is a minimum of 21 and a maximum of 65. For other professions, the maximum age limit is 60.