Pune: Bank of Maharashtra (BoM), a premier public sector bank in the country has slashed its Home Loan interest rate to 8.50% (earlier 8.60%) & Car Loan interest rate to 8.70% (earlier 8.90%) w.e.f. 14.08.2023. The processing fees are also waived in Home & Car loan schemes. This dual benefit of reduced interest rates and waiver of processing fees in Home and car loan is a testament of bank’s commitment to alleviate financial burden for its customers and support their financial journey. In the current high-interest rate landscape, the Bank has taken a proactive step to lower its Home and car loan interest rates.
The Bank alongwith Home and car loan scheme has already waived processing fees for its other retail schemes such as, education loan and gold loan under its UDAAN Campaign. Bank is making constant endeavour to offer best financing solutions to all its valued customers and help them fulfil their needs.
For more detailed information about the revised Home and car loan interest rates, waiver of processing fees, and comprehensive range of financial services provided by Bank of Maharashtra, please visit https://bankofmaharashtra
.in/