Increase the value of life
The public sector bank, headquartered in Pune, launched the scheme, which offers a host of benefits to its retail customers, from August 1 ahead of the festive season.
The Retail Bonanza – Monsoon Dhamaka will serve as “the icing on the cake for our customers by helping them save more to enjoy the festive atmosphere,” said AS Rajeev, Managing Director and CEO of Bank of Maharashtra.
“With pent-up demand, this is a win-win situation (for the bank and its customers), and we expect more and more of our valued customers to take advantage of this benefit,” Asheesh added. Pandey, Executive Director of Bank of Maharashtra. .
Currently, the public bank offers home loans from 7.30% and car loans from 7.70%. These loans are backed by other lucrative features such as three free EMIs on regular home loan repayment, up to 90% loan facility for car and home loans, and no fees on prepayment. , pre-closing or partial payment of loans.
Apart from this, customers can also avail a hassle-free gold loan up to Rs 25 lakh at an interest rate of 7.70%. For customers availing the gold loan facility, no processing fee will be charged up to Rs 3 lakh.
To guarantee easy loan disbursement, the bank has also set up the “Gold Loan Point”, a dedicated counter in its branches. The counter facilitates gold loans in 15 minutes.
Car loans
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