Mahabank Personal Loan scheme is to cater to the requirements of meeting personal expenses. We offer fast processing of your loan. Now you need not postpone things on your bucket list! Also, you can transfer your existing high interest Personal Loan to Bank of Maharashtra as well. With a fast approval, turn your dreams into reality!
*For the employees of Pvt. / Public Ltd. Company, maintaining salary accounts with the Bank, such companies should have external rating (in force) of A and above
A Personal Loan is a loan that can be availed for any personal purpose such as home renovation, wedding, medical emergencies, travelling, debt repayments, bill payments and more. Unlike other loans, Personal Loan does not require any collateral or security and can be easily availed with minimum documentation. Like any other loan, you can repay Personal Loan with EMI (Equated Monthly Instalments); debited from your bank account.
To avail the Personal Loan, all you need to do is submit the loan application form. On meeting the eligibility criteria, you will get an offer with the sanctioned amount, tenure of loan and interest rate. Once you accept the offer, funds are transferred to your bank account instantly.
You can use the EMI Calculator to know your EMI amount before applying for the Loan.
Funds from Personal Loan can be used to cater to requirements of meeting personal expenses.
You can repay your Personal Loan via an auto-debit instruction through your Bank account on a stipulated date every month to repay your EMI.
Follow the step by step instructions to avail digital loan facility from our bank.
Please click on the following link to view how to apply for Digital Loan Online: