75 Lakh Home Loan Bank of Maharashtra

The Bank of Maharashtra 75 lakh home loan is designed to help individuals purchase or construct their dream home. This loan ideally provides financial assistance for buying a new house or flat, building a house on a plot, or renovating an existing property. Key features include flexible repayment options, competitive interest rates, and simple documentation. Moreover, the loan can be customised to suit various needs, including different employment types and financial situations. The application process is further streamlined, often with online facilities, making it convenient and efficient for borrowers. This makes homeownership more accessible and manageable for eligible applicants.

75 Lakh Home Loan Bank of Maharashtra – Highlights 

Following are the Bank of Maharashtra home loan interest rate for 75 lakh and other key parameters:

75 Lakh Home Loan EMI for 5 Years Bank of Maharashtra

Following are the 75 lakh home loan EMI in Bank of Maharashtra with a tenure of 5 years:

75 Lakh Home Loan EMI for 10 Years Bank of Maharashtra

Following are the 75 lakh home loan EMI for 10 years from the Bank of Maharashtra:

75 Lakh Home Loan EMI for 15 Years Bank of Maharashtra 

Following are the Bank of Maharashtra home loan 75 lakh EMI with a tenure of 15 years:

75 Lakh Home Loan EMI for 20 Years Bank of Maharashtra 

Following are the 75 lakh home loan EMI for 20 years from the Bank of Maharashtra:

75 Lakh Home Loan EMI for 25 Years Bank of Maharashtra

Following are the 75 lakh home loan EMI in Bank of Maharashtra with a tenure of 25 years:

75 Lakh Bank of Maharashtra Home Loan – Fees and Charges

Following are the associated fees and charges for the Bank of Maharashtra 75 lakh home loan:

75 Lakh Bank of Maharashtra Home Loan – Documents Required 

Following are the applicable documentation for the Bank of Maharashtra 75 lakh home loan:

• Proof of Identity: PAN card, election ID card, driving license, aadhar card, or passport.
• Proof of Residence: Aadhar card, election ID card, electricity bill, telephone landline bill, passport, or driving license.
• Proof of Income: Last 3 months’ salary slips, 2 years’ IT returns, and 6 months’ bank account statement. 
• Proof of Property: Agreement of sale deed, payment receipts made for purchasing a residential unit, permission from the authority to construct a flat or house, etc. 

75 Lakh Bank of Maharashtra Home Loan – Eligibility Criteria 

The 75 lakh home loan eligibility in Bank of Maharashtra is as follows:

• Age Limit: The applicant must be at least 21 years old at the time of application and not over 75 years at the time of loan maturity.
• Employment Status: The applicant can be salaried, self-employed, a business owner, or an agriculturist.
• Income Stability: A stable income source is crucial to meet the bank’s eligibility requirements.
• Credit Score: A good credit score is essential for loan approval as it indicates the applicant’s creditworthiness.