Bank of Maharashtra (BoM) has launched special monsoon offer and waived the full processing fee on its housing and car loans. Under 'Retail Bonanza-Monsoon Dhamaka' starting August 1, a slew of special offers for its retail customers is being launched amid the festive season. The bank offers housing and car loan with rates starting from 7.30 per cent and 7.70 per cent, respectively.
The retail products are backed by several features like three free EMIs on regular repayment in housing loans, loan facility up to 90 per cent in the car and housing loans, no pre-payment / pre-closure / part payment Charges etc. The bank is also facilitating hassle-free gold loans up to Rs 25 lakh at a 7.70 per cent rate with zero processing fees up to Rs 3 lakh.
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.
