Bank of Maharashtra Home Loan – Affordable Housing Made Easy

Make your dream of owning a home a reality with Bank of Maharashtra Home Loans. With attractive interest rates, easy eligibility criteria, and high loan amounts, Bank of Maharashtra offers housing loan solutions that are tailored to your needs. Whether you're buying your first home, constructing one, or renovating your current house, this trusted public sector bank ensures your homeownership journey is smooth, transparent, and rewarding.
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Properties for Sale & Rent – Verified Listings Only

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Want To: RENT
Type: COMMERCIAL
Ownership: N/A
Parking space: No
Price: ₹50,000
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Want To: SELL
Type: COMMERCIAL
Ownership: N/A
Parking space: No
Price: ₹50.55 Lac
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Want To: SELL
Type: RESIDENTIAL
Ownership: N/A
Parking space: No
Price: ₹80 Lac
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Want To: SELL
Type: RESIDENTIAL
Ownership: N/A
Parking space: No
Price: ₹70 Lac
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Want To: SELL
Type: RESIDENTIAL
Ownership: N/A
Parking space: No
Price: ₹55 Lac
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Want To: RENT
Type: RESIDENTIAL
Ownership: N/A
Parking space: No
Price: ₹40,000
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Want To: SELL
Type: RESIDENTIAL
Ownership: N/A
Parking space: No
Price: ₹16 Lac
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Want To: RENT
Type: RESIDENTIAL
Ownership: N/A
Parking space: No
Price: ₹14,000
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Want To: RENT/LEASE
Type: RESIDENTIAL
Ownership: N/A
Parking space: No
Price: ₹75,000
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Want To: RENT/LEASE
Type: RESIDENTIAL
Ownership: N/A
Parking space: No
Price: ₹24,000
Get Matching Home Loan Offers Here
  • SBI Bank
    RECOMMENDED
    Loan Amount
    ROI
    8.5%
    Tenure
    30 yr
    EMI
    61,536
  • SBI Bank
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    ROI
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    Tenure
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    EMI
    67,690
  • SBI Bank
    RECOMMENDED
    Loan Amount
    ROI
    8.5%
    Tenure
    30 yr
    EMI
    17,603
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  • SBI Bank
    RECOMMENDED
    Loan Amount
    ROI
    8.45%
    Tenure
    30 yr
    EMI
    17,603
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Why Choose Bank of Maharashtra for Your Home Loan?

Bank of Maharashtra is one of India’s most reliable and customer-friendly banks. It offers affordable home loans that are backed by flexible repayment options and low processing fees. As a government-backed financial institution, it brings trust, service excellence, and great savings to your home loan plan. With their quick loan processing and digital tools, applying for a home loan is easier than ever.

Key Features of Bank of Maharashtra Home Loans

Competitive Interest Rates

Bank of Maharashtra offers home loans at attractive interest rates, starting from as low as 8.10% p.a. for eligible applicants. Rates are linked to the Repo Linked Lending Rate (RLLR), which makes them competitive in the current market. Women applicants and defense personnel receive special interest rate concessions.

Flexible Loan Tenure

Borrowers can enjoy repayment tenures of up to 30 years or till the age of 75 years, whichever comes earlier. This ensures lower monthly EMIs and better financial planning for long-term stability..

High Loan Amount with Low EMI

Finance up to 90% of your property’s value, based on eligibility. The bank ensures your monthly EMI fits within your financial comfort zone, offering you peace of mind during your repayment journey.

Zero Prepayment & Foreclosure Charges

Enjoy the freedom to pay off your loan early without any penalty. No prepayment or foreclosure charges apply on floating interest rate home loans.

Types of Home Loans Offered by Bank of Maharashtra

Maha Super Housing Loan

This is the flagship home loan scheme for individuals looking to purchase, construct, or extend a house or flat. It offers low interest rates, flexible terms, and easy processing to make your housing goals a reality.

Maha Super Flexi Housing Loan

A unique scheme that allows borrowers to link their home loan to a savings account. This helps in reducing interest liability by depositing surplus funds, making it a smart choice for financially savvy individuals.

Home Renovation & Extension Loan

Whether you're upgrading your kitchen, adding a room, or renovating the entire house, this scheme covers home repair and improvement needs. The loan amount can go up to 100% of the renovation cost, subject to 25% of the property's market value.

Plot Purchase + Construction Loan

Need a loan for land and construction? This product lets you buy a plot and build your home on it within three years. Up to 70% of the land cost can be financed, depending on the total project cost.

Bank of Maharashtra Home Loan Interest Rates 2025

To apply for a home loan with Bank Of Maharashtra Ltd, you will need to provide specific documents for verification. The requirements vary between salaried and self-employed individuals. Below is a list:

CIBIL Score Rate of Interest (Salaried) Rate of Interest (Self-Employed)
800 & above 8.10% p.a. 8.25% p.a.
750-799 8.30% p.a. 8.45% p.a.
700-749 8.60% p.a. 8.75% p.a.

Processing Fees

Processing fee is typically 0.25% of the loan amount, plus GST. Public sector employees and defense personnel may be eligible for reduced or waived charges.

Home Loan Eligibility Criteria

To avail of a home loan from Bank of Maharashtra, you must meet the following eligibility parameters:

Minimum age: 21 years

Maximum age at loan maturity: 75 years

Employment: Salaried, self-employed, or professional

Credit Score: A CIBIL score of at least 700 is ideal.

Income: Monthly income sufficient to cover EMI (not more than 60% of net monthly income)

Required Documents for Bank of Maharashtra Home Loan

Identity & Address Proof

  • PAN Card, Aadhaar Card, Passport, or Voter ID

  • Latest utility bill, Aadhaar, or passport for address verification

Income Documents

  • Salaried: Salary slips (last 3 months), Form 16, and bank statements

  • Self-employed: ITR (last 3 years), profit & loss statement, and business bank account statement

Property Documents

  • Sale deed / Agreement to sell

  • Title deed, encumbrance certificate

  • Approved building plan and cost estimate

How to Apply for Bank of Maharashtra Home Loan via Suganta

Applying through Suganta.com simplifies the process

Benefits of Applying with Suganta.com

  • Fast Online Application:No branch visits, no delays

  • Expert Assistance – Personalized loan advice and eligibility checks

  • Compare & Choose – Access multiple loan options in one place

  • End-to-End Support – From application to disbursement

You are Eligible for EMI Amount
56,409
Principal Amount
6,500,000
Interest Amount
7,038,042
Why Suganta for Home Loan?
  • Offers from 34+ Banks
  • Lowest Interest Rate
  • Highest Loan Value
8,000,000₹
8.5 p.a
20 years

You are Eligible for EMI Amount

0
Principal Amount
0
Interest Amount
7,038,042
Why Suganta for Home Loan?
  • Offers from 34+ Banks
  • Lowest Interest Rate
  • Highest Loan Value

Need a more accurate EMI estimate?

How to Apply for Bank Of Maharashtra Ltd Home Loan

Use our eligibility calculator to assess your qualification.

Step 1

Submit Application

Fill out the https://suganta.com/homeloan/home-loan provide required documents (ID, address, income proof, property papers), and pay the low processing fee.
Step 2

Assessment

Credit and income verification is done to evaluate your eligibility.
Step 3

Loan Sanction

Receive a conditional offer letter, review and accept the terms to proceed.
Step 4

Disbursement

Property evaluation, execute loan agreements, and receive the approved loan amount.
Apply Now
Contact Us
Ready to begin? Contact SuGanta’s expert support team for guidance on Abhyudaya Co-operative Bank Home Loans. Our professionals are here to answer your questions and provide personalized assistance every step of the way.
Call us
+91 7065663434
Mail us
support@suganta.com