5 Crore Home Loan Bank of Maharashtra

The Bank of Maharashtra 5 Crore Home Loan offers a robust financial solution for individuals looking to purchase high-value properties. With competitive interest rates and flexible repayment options, this loan is designed to fulfil the needs of those seeking substantial financial assistance for their dream homes. This article explains the loan details, including EMI calculations for different tenures, fees and charges, required documentation, and eligibility criteria.

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Written By
Amrita Sinha
Amrita Sinha
Amrita Sinha comes with a background in journalism and mass communication, drawing from her roots in journalism, she has found her voice in the world of finance. As an accomplished writer, she specialises in Financial Services, Mutual Funds, Loan Assessments, Banking & Loan Products. She has established herself as a reliable expert in the field, offering valuable advice to those looking to navigate the various aspects of personal finance.
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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.

5 Crore Home Loan Bank of Maharashtra – Highlights

Below are the highlights of the 5 Crore Home Loan Bank of Maharashtra

Feature Description
Loan Amount Up to ₹ 5 Crores and above
Interest Rate Starting from 8.35% p.a.
Tenure Up to 30 years

5 Crore Home Loan EMI for 5 Years Bank of Maharashtra

For a 5 Crore home loan EMI Bank of Maharashtra with a tenure of 5 years, the EMI can be calculated based on the prevailing interest rate.

Loan Amount Tenure Interest Rate EMI
₹5,00,00,000 5 years 8.35% p.a. ₹10,22,216

5 Crore Home Loan EMI for 10 Years Bank of Maharashtra

The Bank of Maharashtra home loan interest rate of 5 Crore spread over 10 years results in an EMI of around.

Loan Amount Tenure Interest Rate EMI
₹5,00,00,000 10 years 8.35% p.a. ₹6,15,924

5 Crore Home Loan EMI for 15 Years Bank of Maharashtra

The EMI is approximately for a Bank of Maharashtra 5 Crore home loan with a 15-year repayment period.

Loan Amount Tenure Interest Rate EMI
₹5,00,00,000 15 years 8.35% p.a. ₹4,87,983

5 Crore Home Loan EMI for 20 Years Bank of Maharashtra

When opting for a 20-year EMI for a 5 Crore home loan from the Bank of Maharashtra, the monthly EMI stands at about.

Loan Amount Tenure Interest Rate EMI
₹5,00,00,000 20 years 8.35% p.a. ₹4,29,176

5 Crore Home Loan EMI for 25 Years Bank of Maharashtra

The 5 Crore home loan EMI for 25 years from the Bank of Maharashtra translates to approximately a monthly EMI.

Loan Amount Tenure Interest Rate EMI
₹5,00,00,000 25 years 8.35% p.a. ₹3,97,572

5 Crore Bank of Maharashtra Home Loan – Fees and Charges

The fees and charges for a Bank of Maharashtra home loan 5 Crore EMI include:

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

5 Crore Bank of Maharashtra Home Loan – Documents Required

The required documents for a 5 Crore loan EMI calculator Bank of Maharashtra include ID proof, address proof, income proof, and property documents. Additional documents may be needed based on individual profiles.

5 Crore Bank of Maharashtra Home Loan – Eligibility Criteria

Eligibility criteria for the 5 Crore home loan eligibility Bank of Maharashtra include a minimum age of 21 years, a stable income source, and a good credit score. Specific criteria may vary based on individual profiles and loan terms.

Loan Offers By Bank Of Maharashtra's

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