Loan Scheme for Professionals and Self-Employed

We have finance schemes that translate your dreams into reality.

Purpose To purchase equipment/ repairs/renovation to existing equipment, purchase of tools, working capital requirements, acquiring/repairing business premises.
Eligibility Doctors, Dentists, Chartered Accountants, Cost accountants, Lawyers, Solicitors, Engineers, Architects, Surveyors, Construction contractors or Management Consultants or to a person trained/qualified/skilled in the chosen vocation/field in which employed, "the bank extends finance under its own facilities and even under the Govt. sponsored schemes.
Amount Depending upon the assessed requirement considering financial viability, repayment capacity etc.
Margin : Generally 25%, which can vary according to requirement and assessment.
Rate of Interest Click here to view the Interest Rate
Security Assets created by the Loan to be charged to the bank and other collateral security.
Repayment by EMI From short term to period generally ranging up to 5 years.
Processing fee 1% of the loan for amount above Rs 25,000/-.
 
IMPORTANT: Bank of Maharashtra never ask for Bank account details for any purpose through phone call/email/SMS.

Bank appeals to all the customers not to respond to such phone call/email/SMS and not to share their bank account detail with any one for any purpose. Never share your CVV/ PIN No. of Debit/Credit card to anyone.