Bank of Maharashtra Home Loan Charges
Charges
| Charges Type : | Details : |
|---|---|
| Processing Fee | 0.25% of the loan amount (Maximum ₹25,000). |
| Prepayment Charges | No prepayment charges for retail loans. |
| Admin Charges | ₹5,000 or 0.25% of loan amount. |
| Late Payment Charges | ₹500 for missed EMI. |
| Cheque Bounce Charges | ₹500 per bounce. |
| Repayment Mode Change | ₹500 for changing repayment mode. |
Bank of Maharashtra Home Loan Balance Transfer Charges
Charges
| Charges Type : | Details : |
|---|---|
| Processing Fee | 0.25% of the loan amount (Maximum ₹25,000). |
| Prepayment Charges | No prepayment charges for retail loans. |
| Admin Charges | ₹5,000 or 0.25% of loan amount. |
| Late Payment Charges | 2% per annum on the overdue amount for the period of delay in respect |
| Cheque Bounce Charges | ₹500 per bounce. |
| Repayment Mode Change | ₹5,000 for switching over from floating ROI to fixed ROI or vice versa. |