Bank of Maharashtra Maha Super Housing Loan
Primary Lending Institution:Bank of Maharashtra
Up to ₹10 Crore home loan at 8.40% – 9.20% with Up to 30 years tenure.
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible.
What is Bank of Maharashtra Maha Super Housing Loan?
Ranked among India's most affordable PSU home loans, offering lowest repo-spreads and regular fee-waiver campaigns.
Key Benefits & Features
Industry-leading low interest rates; complete processing fee waiver under campaigns; zero legal and valuation charge burden.
Property & Project Eligibility Requirements
Approved municipal layout or RERA approved builder project.
Borrower Eligibility Criteria
Salaried or self-employed individuals with stable regular income; minimum age 21 years.
How to Apply (3 Verified Paths)
Apply online through net banking portal or visit lending branch with loan inquiry.
Apply online at https://bankofmaharashtra.in/maha-super-housing-loan with digital KYC and property details.
Visit nearest branch of the institution with income proofs and sale agreement.
Documents Required Checklist
Aadhaar Card, PAN Card, Last 3 months salary slips or 2 years ITR-V, 6 months bank account statement, Title deed, Approved building plan and municipal tax receipts.
Frequently Asked Questions
What is the maximum loan tenure available for Bank of Maharashtra Maha Super Housing Loan?
The maximum repayment tenure offered for Bank of Maharashtra Maha Super Housing Loan is Up to 30 years, subject to borrower's age not exceeding 75 years at loan maturity.
What are the processing charges and prepayment rules for Bank of Maharashtra Maha Super Housing Loan?
The processing fee is Nil processing fee (Under Maha Super campaigns). As per RBI guidelines, zero prepayment penalties apply to all individual floating-rate home loans.
What documents are required to apply for Bank of Maharashtra Maha Super Housing Loan?
Applicants must provide KYC (Aadhaar, PAN), 3 months salary slips or 2 years ITR with computation, 6 months bank statements, and clear property title documents with municipal sanctions.
Why does Bank of Maharashtra Maha Super Housing Loan require property approval in a formal layout?
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible.