What Bank of Maharashtra asks for on personal, home loans - age, income, credit score, amounts, rates and documents - read from its own pages and labelled by how sure we are. Last verified 2 November 2026.
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How Bank of Maharashtra tends to lend (our read): Publishes an unusually high obligation ceiling (60-65% of gross) on its salaried personal loan and headline home-loan rates near the bottom of the market; employer grade and a BoM salary account decide the tenure and the ceiling. Lends in: Metro, Tier 2, Tier 3 / other locations.
750+ preferredOur working estimate - the lender does not publish a floor
Employment
Salaried
Work experience (salaried)
1 year total, 6 months with the current employer
Loan amount
₹50,000 to ₹20,00,000
Tenure
1 year to 7 years
Interest rate
9.75% to 14% p.a.
EMI-to-income limit (FOIR)
About 60% of incomeOur working estimate - lenders rarely publish this
Documents Bank of Maharashtra lists
Latest 1 year ITR / Form 16 from the current employer
Salary slips
KYC
Employer undertaking or tie-up (other salary-account holders)
Research notes
Maha Bank Personal Loan for salaried customers: confirmed government/PSU employees (salary account with any bank), confirmed employees of A-rated or better companies (6 months' salary-account relationship) and other salary-account holders with an employer tie-up. Minimum annual income Rs 3 lakh with 1 year of ITR/Form 16 from the current employer; quantum 20 times gross monthly income up to Rs 20 lakh; age 21 at entry, 58 at sanction, loan closes by 60 or retirement; total obligations including the new EMI capped at 65% of gross for government/A-rated and 60% for others; tenure 84 months with a BoM salary account, 60 months otherwise. Rates from 9.75%. Processing fee 1% (min Rs 1,000).
₹10,000 net per month; self-employed: ₹1,20,000 a year
Credit score
750+ preferredOur working estimate - the lender does not publish a floor
Employment
Salaried or self-employed
Business vintage (self-employed)
2 years in business
Funding (LTV)
Within RBI limits: up to 75-90% of the property value, depending on the loan size
Loan amount
₹1,00,000 to ₹50,00,00,000
Tenure
1 year to 30 years
Interest rate
7% to 9.5% p.a.
EMI-to-income limit (FOIR)
About 65% of incomeOur working estimate - lenders rarely publish this
Documents Bank of Maharashtra lists
KYC
Salaried: salary slips, Form 16 / ITR
Self-employed: ITR and financials
Property documents
Research notes
Maha Super Housing Loan: RBI LTV bands (90/80/75), tenure up to 30 years or age 75, moratorium up to 48 months, published headline rate from 7.00% with a 0.05% concession for women and defence personnel, no prepayment charges, processing fee 0.25% capped at Rs 25,000. The page states obligations of up to 80% of income can be considered for high earners; 65% is used as the working cap. Entry age and income floor are not published - nominal values used.
ClearToLend is not affiliated with or endorsed by Bank of Maharashtra. Criteria are taken from public sources as of 2 November 2026 and can change; confirm the current terms with Bank of Maharashtra before you apply. A match is not a loan offer or approval.
Bank of Maharashtra Loan FAQs
The minimum net monthly income is ₹25,000, according to Bank of Maharashtra's own website, as checked on 2 November 2026. Lenders can ask for more depending on your city, employer and existing EMIs.
You need to be at least 21 and no older than 60 when the loan ends, according to Bank of Maharashtra's own website.
Rates run from 9.75% to 14% a year, according to Bank of Maharashtra's own website. Your own rate depends on your credit score, income and employer.
The minimum net monthly income is ₹10,000, according to Bank of Maharashtra's own website, as checked on 2 November 2026. Lenders can ask for more depending on your city, employer and existing EMIs.
You need to be at least 21 and no older than 75 when the loan ends, according to Bank of Maharashtra's own website.
Rates run from 7% to 9.5% a year, according to Bank of Maharashtra's own website. Your own rate depends on your credit score, income and employer.
No. ClearToLend compares your details with Bank of Maharashtra's published criteria without pulling your credit report, so nothing is recorded on your CIBIL file. ClearToLend is not affiliated with Bank of Maharashtra and does not send your details to it.
