35 Lakh Home Loan Bank of Maharashtra

The Bank of Maharashtra offers an attractive 35 Lakh home loan scheme with a maximum tenure of up to 30 years, extending until the borrower reaches 75. This flexibility allows younger applicants to spread their payments, reducing their monthly financial burdens. The Bank of Maharashtra 35 Lakh home loan covers up to 90% of the property value, ideal for first-time buyers or those without extensive savings. Additionally, the bank ensures a simple and streamlined documentation process. For details on the emi for 35 Lakh home loan Bank of Maharashtra, including the emi for 35 Lakh home loan for 10 years and 20 years, and to use the 35 Lakh loan emi calculator Bank of Maharashtra, visit Urban Money website.

35 Lakh Home Loan Bank of Maharashtra Highlights

The highlights of Bank of Maharashtra’s 35 lakh home loan are:

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

The monthly instalment (EMI) for a 35 lakh home loan from the Bank of Maharashtra for a period of 5 years is given below:

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

Below are the estimated EMI figures for a 35 lakh home loan from the Bank of Maharashtra over a tenure of 10 years:

35 Lakh Home Loan EMI for 15 Years in Bank of Maharashtra

The applicable EMI over a period of 15 years for a 35 lakh Bank of Maharashtra home loan is given below:

35 Lakh Home Loan EMI for 20 Years in Bank of Maharashtra

The EMI for a 35 lakh home loan Bank of Maharashtra spanning over a period of 20 years is given below:

35 Lakh Bank of Maharashtra Home Loan – Fees and Charges

The fees and charges associated with a 35 lakh Bank of Maharashtra home loan are given below:

35 Lakh Bank of Maharashtra Home Loan – Documents Required

To avail of a 35 Lakh Bank of Maharashtra home loan, you need to provide the following documents: Identity Proof, which can be an Aadhar Card, Election ID Card, PAN Card, Passport, Voter ID, or Driving License; Address Proof, which can be an Aadhar Card, Election ID Card, Electricity Bill, Landline Bill, Passport, or Driving License; Income Proof, including the last 3 months’ salary slips, copies of the past 2 years IT returns, and bank account statements from the past 6 months; and Property Documents, such as payment receipts, construction design copies, construction permission from authorities, Sale-Deed Agreement, and Concession Letter.

35 Lakh Bank of Maharashtra Home Loan – Eligibility Criteria

To qualify for a 35 Lakh home loan from the Bank of Maharashtra, you must fulfil the following requirements: Applicants must have been in a permanent position for at least one year with their current employer, which can be a Central or State Government, Public Sector Unit, or recognised private sector company. Applicants should be at least 21 years old and not older than 60. For self-employed individuals, eligibility includes professionals, businessmen, and pensioners who hold a pension account with the Bank of Maharashtra and have adequate disposable income. This also covers farmers owning at least 5 acres of irrigated land and having sufficient disposable income. The age limit for professionals like doctors, architects, and chartered accountants is between 21 and 65. For other professions, the upper age limit remains 60.