4 Crore Home Loan Bank of Maharashtra

A home loan of 4 crores from the Bank of Maharashtra offers a financial solution for purchasing high-value properties. Competitive interest rates start at 8.35% per annum, and flexible repayment options exist for up to 30 years. The application process is straightforward, and the bank ensures transparency with no hidden charges. Bank of Maharashtra will be your trusted banking partner when owning a house or property valued at 4 crores.

Get in Touch for Home Loan Expert Advice
Connect with our Home Loan Advisor Now!
  • Personalized Home Loan solutions
  • Expert guidance
  • Application assistance
  • Credit score discussion
  • Home Loan Interest rate comparison
+91
Choose City

Written By
Utsah Sharma
Utsah Sharma
Utsah Sharma is a seasoned financial expert with a Master’s Degree in Commerce specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & Loan products. Drawing on her experience, she has established herself as a trusted voice, providing invaluable insights and guidance to seasoned investors and beginners. She is committed to breaking down the complexities of everything finance.
Reviewed By
Piyush Bothra
Piyush Bothra
Chief Financial Officer, Square Yards
Piyush Bothra is the Chief Financial Officer at Square Yards, bringing over two decades of rich experience in finance and leadership. He is an MBA graduate from the prestigious IIM Lucknow and holds a BE in Information Technology from Sardar Vallabhbhai Patel Institute of Technology. He has played pivotal roles in scaling businesses and driving financial strategies. At Square Yards since 2015, Piyush is known for his strategic vision, strong financial knowledge, and valuable financial insights, significantly contributing to the company's growth and success.

4 crore Home Loan Bank of Maharashtra – Highlights

Here are the highlights of the 4 crore Home Loan Bank of Maharashtra

Feature Description
Loan Amount Up to ₹4 Crores and above
Interest Rate Starting from 8.35% p.a.
Tenure Up to 30 years

4 Crore Home Loan EMI for 5 years Bank of Maharashtra

For a 4 crore home loan emi Bank of Maharashtra with a tenure of 5 years at an interest rate of 8.35%, the EMI would be approximately

Tenure (Years) Interest Rate (%) Monthly EMI (₹) Total Amount Payable (₹)
5 8.35 6,48,073 8,88,84,784

4 crore Home Loan EMI for 10 Years Bank of Maharashtra

When considering a Bank of Maharashtra housing loan emi for 4 crores over a 10-year period, the EMI would be more manageable than a shorter tenure.

Tenure (Years) Interest Rate (%) Monthly EMI (₹) Total Amount Payable (₹)
10 8.35 4,15,068 9,88,81,360

4 Crore Home Loan EMI for 15 Years Bank of Maharashtra

Opting for a 4 crore home loan emi for 15 years Bank of Maharashtra at 8.35% interest means an EMI of approximately.

Tenure (Years) Interest Rate (%) Monthly EMI (₹) Total Amount Payable (₹)
15 8.35 3,12,542 11,01,75,016

4 Crore Home Loan EMI for 20 Years Bank of Maharashtra

For a 4 crore home loan emi for 20 years Bank of Maharashtra at an 8.35% interest rate, the EMI would be about

Tenure (Years) Interest Rate (%) Monthly EMI (₹) Total Amount Payable (₹)
20 8.35 2,87,234 12,26,57,152

4 Crore Home Loan EMI for 25 Years Bank of Maharashtra

A 4 crore home loan emi for 25 years Bank of Maharashtra at an 8.35% interest rate translates to an EMI of around.

Tenure (Years) Interest Rate (%) Monthly EMI (₹) Total Amount Payable (₹)
25 8.35 2,66,617 13,59,80,080

4 Crore Bank of Maharashtra Home Loan – Fees and Charges

Here are the details of fees and charges associated with the 4 crore Bank of Maharashtra home loan

Fee Type Description
Processing Fee 0.5% of the loan amount plus applicable taxes
Pre-payment Charges None
Foreclosure Charges None

4 Crore Bank of Maharashtra Home Loan – Documents Required

For a 4 crore home loan Bank of Maharashtra, the required documents include:

  • Proof of identity
  • Proof of address
  • Income documents (salary slips or IT returns)
  • Bank statements
  • Property documents
  • Completed application form

4 Crore Bank of Maharashtra Home Loan – Eligibility Criteria

The applicant has to meet the following eligibility criteria to avail of the 4 crore Bank of Maharashtra home loan

  • Stable income
  • Good credit score
  • Age between 21 and 75 years
  • Ability to repay the loan
  • Specific eligibility may vary based on the bank’s policies and the applicant’s profile.

Loan Offers By Bank Of Maharashtra's

Urban Money