Rate of Interest Retail Loans

Bank of Maharashtra - Retail Departement
Rate of Interest Retail Loans
MAHA SUPER HOUSING LOAN SCHEME   
1) Housing Loan Scheme    
Loan Amount CIBIL scoreSalaried Non Salaried 
ROIEffective ROI (%)ROIEffective ROI (%)
Up to Rs 30 Lacs 750 & above RLLR + 0.056.95RLLR + 0.157.05
700 to 749 RLLR + 0.157.05RLLR + 0.307.20
650 to 699RLLR + 0.30 7.20RLLR + 0.45 7.35
600 to 649RLLR + 0.35 7.25RLLR + 0.65 7.55
Below 600RLLR + 0.807.70RLLR + 1.15 8.05
-1 to 05RLLR + 0.207.10RLLR + 0.45 7.35
Above Rs 30  Lacs750 & above RLLR + 0.056.95RLLR + 0.157.05
700 to 749 RLLR + 0.157.05RLLR + 0.507.40
650 to 699RLLR + 0.35 7.25RLLR + 0.65 7.55
600 to 649RLLR + 0.40 7.30RLLR + 0.90 7.80
Below 600RLLR + 1.007.90RLLR + 1.508.40
-1 to 05RLLR + 0.35 7.25RLLR + 0.65 7.55
For Housing Loan under commercial real estate (3rd and subsequent units) applicable rate shall be above rates. (Upto 100 Lacs 1.00% and above 100 Lacs 1.25%)
Concession of 0.05%  to women & armed forces personnel subject to minimum floor ceiling of RLLR
2.) Housing Loan Repair & Renovation & Top up Loan Repair and Renovation 
Loan Amount CIBIL scoreSalaried Non Salaried 
ROIEffective ROI (%)ROIEffective ROI (%)
Up to Rs 30 Lacs 750 & above RLLR + 0.50 7.40RLLR + 0.75 7.65
700 to 749 RLLR + 0.50 7.40RLLR + 0.857.75
650 to 699RLLR + 0.75 7.65RLLR + 1.007.90
600 to 649RLLR + 0.85 7.75RLLR + 1.108.00
Below 600RLLR + 1.25 8.15RLLR + 1.508.40
-1 to 05RLLR + 0.75 7.65RLLR + 1.007.90
Above Rs 30  Lacs & Upto Rs 75.00 Lacs750 & above RLLR + 0.50 7.40RLLR + 0.857.75
700 to 749 RLLR + 0.50 7.40RLLR + 0.90 7.80
650 to 699RLLR + 0.75 7.65RLLR + 1.10 8.00
600 to 649RLLR + 0.85 7.75RLLR + 1.158.05
Below 600RLLR + 1.25 8.15RLLR + 1.508.40
-1 to 05RLLR + 0.75 7.65RLLR + 1.10 8.00
Above Rs 75 Lacs750 & above RLLR + 0.757.65RLLR + 0.957.85
700 to 749 RLLR + 0.75 7.65RLLR + 1.007.90
650 to 699RLLR + 0.857.75RLLR + 1.208.10
600 to 649RLLR + 1.00 7.90RLLR + 1.25 8.15
Below 600       RLLR + 1.508.40RLLR + 1.758.65
-1 to 05RLLR + 0.85 7.75RLLR + 1.258.15
      
3.) Top up Loan other Purpose    
As per deduction normsROIEffective ROI   
Up to 60 RLLR + 1.158.05   
Above 60 RLLR + 1.408.30   
      
4.) Maha Super Car Loan Scheme     
Particulars CIBIL score Salaried Non- Salaried 
ROIER ROIER
New 4 Wheeler 750 and above RLLR + 0.65 7.55RLLR + 1.15 8.05
700 to 749 RLLR + 0.90 7.80RLLR + 1.25 8.15
650 to 699RLLR + 1.40 8.30RLLR + 1.40 8.30
600 to 649RLLR + 1.40 8.30RLLR + 1.65 8.55
Below 600       RLLR + 1.65 8.55RLLR + 1.90 8.80
-1 or 0 and 01 to 05RLLR + 0.90 7.80RLLR + 1.40 8.30
For Partnership Firms / Companies   RLLR + 1.408.30
• 0.25 % Concession in ROI for Corporate salary account Holder and Existing Housing Loan borrower  
• Concession of 0.05%  to women & armed forces personnel subject to minimum floor ceiling of RLLR 
5. Vehcile Loan Scheme     
ParticularsROIER 
2nd Hand Car Loan RLLR + 3.15  10.05
New 2 WheelerRLLR + 3.15 10.05
      
6. Mahabank Personal Loan    
CIBIL Score ROIER   
   
750 and aboveRLLR + 2.659.55   
650 to 749RLLR + 3.1510.05   
600 to  649RLLR + 3.6510.55   
-1 or 0 and 01 to 05RLLR + 3.6510.55   
      
7. Loan against self-occupied Property     
CIBIL SCORE ROIER   
750 and above RLLR + 1.65 8.55   
700 to 749 RLLR +  2.00 8.90   
650 to 699RLLR +  2.15 9.05   
600 to 649RLLR +  2.40 9.30   
Below 600RLLR +  2.65 9.55   
-1 or 0 and 01 to 05RLLR +  2.15 9.05   
      
8. Other Retail Loans     
Particulars ClassificationROIER  
  
Education LoanUp to Rs 7.50 LacsRLLR + 2.008.90  
Above Rs 7.50 LacsRLLR + 1.65 8.55  
Maha Scholar Education Loan SchemeList ARLLR + 0.157.05  
List B (Up to 7.5 Lacs)RLLR + 0.907.80  
List B (above 7.5 Lacs)RLLR + 0.657.55  
List C (Up to 7.5 Lacs)RLLR + 1.158.05  
List C(above 7.5 Lacs)RLLR + 0.907.80  
Skill LoanUp to Rs. 1.50 LacsRLLR + 1.50 8.40  
Consumer Loan -RLLR + 3.9010.80  
Gold Loan Retail -RLLR + 0.457.35  
Aadhar LoanFor BOM staff pensionersRLLR + 2.15 9.05  
For othersRLLR + 3.1510.05  
Salary Gain scheme -RLLR + 3.1510.05  
Reverse Mortgage Loan SchemeUp to Rs. 100.00 LacsRLLR + 1.158.05  
Solar water heating -RLLR + 4.1511.05  
Loan against Paper Security -RLLR + 2.15 9.05  
Lease Rental Discounting RLLR + 1.15 8.05