MAHA BANK PERSONAL LOAN SCHEME- for Business Class having Home Loan with us
Name of the scheme
MAHA BANK PERSONAL LOAN SCHEME- for Business Class having Home Loan with us.
Type of Facility
Purpose of loan
To cater to the requirements of meeting personal expenses.
For existing Home Loan applicant to avail the Personal he/ she should have a satisfactory track record of repayment of Home loan EMI up to 6 months and there should not be any overdue in the Home Loan A/c. i.e. the account should not have been classified under SMA category during the last 6 months’ period.
Min Annual Income
Minimum annual Income – 3.00 Lakhs.
Minimum past 2 year ITR/Form 16 is Mandatory from current employer.
Maximum Quantum of Finance
Rs 20.00 Lakhs.
Rate of Interest
65% of Gross Annual Income of last year including Proposed EMI.
Nil (Clean Loan)
1.00 % of the loan amount + GST (Min: Rs 1000/-)
0.20% of the loan amount + GST