Bank of Maharashtra has unveiled a slew of offers, including concessional interest rates and a 100 per cent waiver on processing fees on retail loans. The bank under 'Retail Bonanza-Monsoon Dhamaka' waived the processing fee for its gold, housing and car loan and the offer is valid till September 30, 2021.
The bank offers housing and car loans with interest rates starting from 6.90 per cent and 7.30 per cent, respectively. The retail products are backed by several lucrative features like two free EMIs on regular repayment in the home loan; loan facility up to 90 per cent in the car and housing loans; and no pre-payment/pre-closure/part payment charges etc.
Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The Bank also offers services to agricultural and SME sectors.