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Bank of Maharashtra offers home loans at an interest rate of 8.2% to its employees. The bank’s home loan products are branded with the bank’s identity “Maha”. The home loans offered by the bank come with a host of features that attract numerous borrowers every year. Here are some of the noteworthy features

Bank of Maharashtra offers home loans at interest rates for women borrowers starts at 6.90% p.a. for a maximum loan tenure of 30 years. The bank’s home loan processing fee is up to 0.25% of the loan amount and a special discount of 0.05% on the interest is provided to women borrowers.

If you want to lower your home loan EMI burden, you should consider a balance transfer to the Bank of Maharashtra. Bank of Maharashtra offers a home loan balance transfer facility at very low interest rates starting at 6.90%. The loan tenure offered by the bank is of up to 30 years.

Bank of Maharashtra currently offers home loans to eligible customers at 7.05%. The bank also charges minimum processing fees of Rs. 2,000 on home loans. The maximum loan amount that can be availed is Rs. 30 lakhs while repayment tenure is set to a maximum of 30 years including an 18-month moratorium.

Maharashtra bank allows account holders to make free cash withdrawal transactions at the bank’s ATMs without any upper limit on the number of transactions. The cash withdrawal limit from the bank’s ATMs is Rs. 20,000 per day. If the bank’s account holders withdraw cash from any other bank’s ATM, the limit is set at Rs. 10,000.

There are different ways to transfer money online from your Bank of Maharashtra account. Let’s check out the top ways

Internet banking is an important banking facility offered by most banks in India. Bank of Maharashtra offers internet banking through its customer portal MahaConnect. 

You can conveniently apply online for a home loan from Bank of Maharashtra. You can also walk to your nearest bank branch and talk to the home loan officer to learn more details about their 'Maha Super Housing Loan Scheme’. 

A savings bank account required you to maintain a minimum balance amount every month. This amount varies from bank to bank but is usually between Rs.500 – Rs.2000. 

Yes, the Bank of India does offers loans against property. The current interest rate is at 8.85% to 10.35%. 

Yes, you can transfer your existing home loan to BOI. BOI, Bank of India, offers lower interest rates and longer repayment tenure to pay off your home loan comfortably. 

If you want to get the best interest rate on your home loan, you have to take some steps to improve your credit score first and then apply for the loan. 

A home loan balance transfer helps you to pay off your existing home loan faster. It comes with lower interest rates and better repayment tenure.  Bank of India offers home loan balance transfers from other banks. Here are the benefits of transferring your existing home loan to Bank of India. 

You can apply for a Bank of India Home Loan at your nearest bank branch. You can also call their home loan helpline number 8010968305 or just send a simple SMS. One of their representatives will get in touch with you. 

Bank of India is one of the leading bankers in India. It offers attractive rates on its home loans along with various other benefits

Kotak Mahindra Bank offers home loans of up to 80% on your home cost. It comes with an attractive interest rate and repayment tenure of up to 20 years. 

Kotak Mahindra Bank offers home loans to individuals, Partnership Firm / LLP/Indian Company and also to Hindu Undivided Family (HUF). The eligibility criteria set by Kotak Mahindra Bank for their home loans are

A home loan balance transfer is a great way to reduce the interest rates on your ongoing home loan. Kotak Mahindra home loan balance transfer offers you the best interest rate and repayment tenure when you opt to balance transfer your existing home loan to Kotak Mahindra Bank. 

The interest rates on home loans have reduced a lot during recent years. Home loan interest rate is an important factor that helps us decide our home loan lender. Kotak Mahindra Bank offers highly competitive interest rates on their home loan products

Kotak Mahindra Bank is one of the leading private sector banks in India offering home loans. The bank offers competitive interest rates, comfortable repayment tenures and high loan amounts to buy your dream house. However, banks have a few eligibility criteria to be able to get a home loan. 

Both Kotak Mahindra Bank and HDFC Bank are equally good options for home loans in India. To decide between the two, you have to compare your eligibility and interest rates offered by both lenders.