Do I need a guarantor or co-applicant for personal loan?
Yes, one guarantor is mandatory to avail Mahabank Personal Loan.
Is there any concession offered on Mahabank Personal Loan?
Yes, a 1% concession on applicable interest rate is offered to existing Housing Loan Borrowers / Corporate Salary account Holders.
How do I repay my loan?
Personal Loan availed from Bank of Maharashtra can be repaid in EMI (Equated Monthly Installments), where Monthly EMI should not exceed 60% of the Gross Income of the borrower including Proposed EMI.