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Looking for a 45 lakh home loan with a trusted partner? Look no further than the Bank of Maharashtra! This leading Indian bank has decades of experience helping individuals achieve homeownership. They offer attractive interest rates, flexible repayment terms, and exceptional customer service. This page goes into their 45 lakh home loan product, including eligibility criteria, interest rates, and the application process. Let the Bank of Maharashtra guide you towards your dream home.
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45 Lakh Home Loan Bank of Maharashtra – Highlights
Here are the highlights of Bank of Maharashtra’s 45 lakh home loan:
Benefit | Details |
Interest Rate | 8.35% p.a. |
Loan Tenure | 5 to 30 years |
Special Concessions | 0.05% rate discount for women and defence personnel. |
45 Lakh Home Loan EMI for 5 Years Bank of Maharashtra
Curious about how a 5-year term impacts your EMI? This table breaks down the estimated monthly payments for a 45 lakh Bank of Maharashtra home loan over 5 years.
Loan Tenure | Interest Rate | Monthly EMI | Total Interest | Total Amount Payable |
5 years | 8.35% p.a. | ₹88,051 | ₹8,283,076 | ₹53,283,076 |
45 Lakh Home Loan EMI for 10 Years Bank of Maharashtra
Considering a 10-year repayment plan? This table provides estimated monthly instalments (EMIs) for a 45 lakh home loan from the Bank of Maharashtra with a 10-year tenure:
Loan Tenure | Interest Rate | Monthly EMI | Total Interest | Total Amount Payable |
10 years | 8.35% p.a. | ₹56,936 | ₹18,32,297 | ₹63,32,297 |
45 Lakh Home Loan EMI for 15 Years Bank of Maharashtra
Plan your budget for the long term! Check out this table for estimated EMIs on a 45 lakh Bank of Maharashtra home loan for 15 years:
Loan Tenure | Interest Rate | Monthly EMI | Total Interest | Total Amount Payable |
15 years | 8.35% p.a. | ₹44,247 | ₹29,47,456 | ₹74,47,456 |
45 Lakh Home Loan EMI for 20 Years Bank of Maharashtra
Stretch your repayments and potentially lower your monthly outgo! This table showcases the estimated EMIs for a 45 lakh, 20-year Bank of Maharashtra home loan:
Loan Tenure | Interest Rate | Monthly EMI | Total Interest | Total Amount Payable |
20 years | 8.35% p.a. | ₹39,200 | ₹45,68,004 | ₹90,68,004 |
45 Lakh Home Loan EMI for 25 Years Bank of Maharashtra
Explore the affordability options for a longer repayment period! This table details the estimated monthly payments (EMI) for a 45 lakh home loan from the Bank of Maharashtra over 25 years.
Loan Tenure | Interest Rate | Monthly EMI | Total Interest | Total Amount Payable |
25 years | 8.35% p.a. | ₹38,499 | ₹66,99,999 | ₹1,11,99,999 |
45 Lakh Bank of Maharashtra Home Loan – Fees and Charges
Bank of Maharashtra fees include:
- Secure your dream home with the Bank of Maharashtra’s competitive home loan rates.
- A processing fee (up to 0.5%) and minimal documentation charges to finalise your loan may apply.
- In some cases, CERSAI registration fees might be applicable.
45 Lakh Bank of Maharashtra Home Loan – Documents Required
Documents for the Bank of Maharashtra home loan of Rs. 45 lakhs:
- Proof of income (salary slips/IT returns)
- Identity proof (Aadhaar, PAN)
- Bank statements (past 6 months)
- Property documents (sale deed, approvals)
45 Lakh Bank of Maharashtra Home Loan – Eligibility Criteria
For your 45 lakh home loan, the Bank of Maharastra will check the following:
- Income & Credit Score
- Repayment Comfort
- Lending History
FAQ
What is the EMI for a 45 lakh home loan for 20 years at the Bank of Maharashtra?
Who is eligible for a 45 lakh home loan at the Bank of Maharashtra?
What is the monthly interest rate on a 45 lakh home loan at the Bank of Maharashtra?
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