Bank of Maharashtra Car Loan

Bank of Maharashtra | Car Loan | 13-Sep,2022

About Bank of Maharashtra: बैंक ऑफ़ महाराष्ट्र भारत के सबसे बड़े बैंको में से एक है। यह बैंक भारत सरकार के अधीन आता है। इस बैंक की 1900 से भी ज्यादा शाखाएँ है जो पुरे भारत में फैली हुई है। यह बैंक बैंकिंग और वित्तीय सेवाओं की पेशकश करता है। वर्तमान में बैंक ऑफ़ महाराष्ट्र का मुख्यालय पुणे, मुंबई में स्थित है।

Detail: Bank of Maharashtra car loan can be availed at an attractive interest rates with flexible payment options from 2 years to 05 years. Applicant’s age should be between 18 to 60 years.

Annual Percentage Rate (APR): 7.55% p.a.

Minimum & Maximum period for repayment (Loan Tenure): 1) New Car - 02 years to 07 years 2) Used Car - 02 years to 05 years

Loan processing charges: 0.25% of the loan amount (Max Rs. 15,000)

Late Payment: N/A

Foreclosure Charges: N/A

Partpayment Charges: N/A

Maximum Loan Amount: 1) New Car – Up to 90% of on-road price 2) Used Car – Up to 50% of market value

Bank of Maharashtra Profile

Sector : Finance

Industry : Regional Banks

बैंक ऑफ़ महाराष्ट्र वर्तमान में सबसे बड़े बैंको की श्रेणी में आ रहा है जिसका कारण है अच्छी और सुदृढ़ बैंकिंग और वित्तीय सेवाओं की पेशकश। यह बैंक 16 सितम्बर 1935 को अस्तित्त्व में आया। वर्तमान में इस बैंक की CEO की कुर्सी A. S. Rajeev संभाल रहे है। सूत्रों के अनुसार, इस बैंक ने 25 मार्च 2021 तक 15 मिलियन ग्राहक बना लिए है।

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Bank of Maharashtra ROI Max Loan Amount Tenure Processing Fee Late Payment Foreclosure Charges Partpayment Charges
Personal Loan 9.55% Up to 20 Lakh 12 months to 84 months Up to 1% of loan amount sanctioned As per the loan agreement N/A N/A
Home Loan 7.05% p.a. Up to 30 Lacs 05 years to 30 years Up to 2% of loan amount sanctioned As per the loan agreement N/A N/A
Car Loan 7.55% p.a. 1) New Car – Up to 90% of on-road price 2) Used Car – Up to 50% of market value 1) New Car - 02 years to 07 years 2) Used Car - 02 years to 05 years 0.25% of the loan amount (Max Rs. 15,000) N/A N/A N/A
Business Loan 12% Maximum of Rs.3 crores Maximum of 7 years Up to 3% of the loan amount As per the loan agreement N/A N/A
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