Maha super Home Loan

Page 1

Maha Super Home Loan Bank of Maharashtra

www.bankofmaharashtr a.in


Features ● ● ● ● ● ● ●

Low EMI Higher Loan Amount Track My Loan Simplified Disbursement No Processing Fee No Hidden Charges No Prepayment Penalty

www.bankofmaharashtr a.in


Thinking Of Buying your own House

www.bankofmaharashtr a.in


Enjoy Tax Benefits A house loan entitles you to specific tax benefits that can save you a significant amount of money. Section 80C of the Income Tax Act of 1961 allows for tax deductions on principal repayments for residential property loans up to Rs.1 lakh.

www.bankofmaharashtr a.in


Chose an Interest Rate That Is Right For You A fixed interest rate or a floating interest rate is available with a house loan. When you take out a loan, the interest rate is fixed at a given amount, and it stays that way until the debt is paid off. The interest rate on a floating loan varies depending on market conditions. Choose an interest rate that will be beneficial to you in the long run. www.bankofmaharashtr a.in


Flexible repayment schedules Home loans have an extended repayment tenure, frequently exceeding ten years. This allows you to spread out your repayments over a period of time that is convenient for you. You can also choose to pay off your loan early by making a lump-sum payment. Prepayment penalties may be imposed by your lender, depending on the terms of your loan. www.bankofmaharashtr a.in


Lowest Interest Rate Bank of Maharashtra Offers the lowest interest rate among other banks. Note: The Interest Rate changes according to your credit score.

6.40% www.bankofmaharashtr a.in


Interest Rate Comparison BANK

INTEREST RATE

Bank Of Maharashtra

6.40%

HDFC Bank

6.70%

State Bank Of India

6.70%

ICICI Bank

6.70% www.bankofmaharashtr


www.bankofmaharashtr a.in


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