65 Lakh Home Loan Bank of Maharashtra

A Bank of Maharashtra’s 65 Lakh Home Loan can unlock the door to your new residence. This means financing your dream home is now easier with the Bank of Maharashtra, where customers get substantial support and services for their loan requirements. This article provides comprehensive details about such a loan, including EMIs for various tenures, applicable fees, required documentation, and eligibility criteria, ensuring you have all the necessary information to make an informed decision.

65 Lakh Home Loan Bank of Maharashtra – Highlights

65 Lakh Home Loan Bank of Maharashtra – EMI Calculations

Here are the EMI calculations for a 65 lakh home loan from the Bank of Maharashtra at an 8.35% annual interest rate, presented in tabular form:

These calculations provide a detailed view of the monthly outflow for different periods. For easier and more personalised calculations, you can use the Urban Money EMI calculator.

65 Lakh Home Loan Bank of Maharashtra – Fees and Charges

The Bank of Maharashtra charges a nominal processing fee for home loans, generally around 0.25% of the loan amount, subject to a minimum and maximum cap. Ensure to check for any additional charges like legal fees or valuation fees.

65 Lakh Home Loan Bank of Maharashtra – Documents Required

To apply for a home loan, you will need:

• Identity proof (Aadhar, PAN)
• Address proof (Utility bills, Passport)
• Income proof (Salary slips, bank statements)
• Property documents

65 Lakh Home Loan Bank of Maharashtra – Eligibility Criteria

Eligibility for a home loan in the Bank of Maharashtra depends on:

• Age (21-60 years)
• Employment status (salaried or self-employed)
• Income stability
• Credit score