Personal Loan | Everything You Need to Know

1
Personal loan
www.bankofmaharashtra.in
2
What is a personal loan?
A personal loan is an unsecured loan. Unlike
other loans the borrower dont need to give any
collateral to the lender. Due this reason the
personal loan have high interest rate compared to
other loans. There is no follow ups for how you
spend the loan money, so you can ustilize this
money for any of your needs like hospital bills,
buying car, for rent, buying house, etc.
www.bankofmaharashtra.in
3
Personal Loan Benefits (Bank Of Maharashtra)

• Low EMI
• Higher Loan Amount
• Minimal documentation
• Low processing Fee
• No prepayment penalty
• No hidden charges
• Simplified Disbursement

www.bankofmaharashtra.in
4
Documents Required

• Proof Of Identification
• Pan card
• Election ID Card
• Aadhar Card
• Driving License
• Proof Of Residence
• Electricity Bill
• Election ID card
• Aadhar card
• Driving License

www.bankofmaharashtra.in
5

• For Salaried Person
• Original/Certified copy of the latest salary
  slips for the past 3 months
• Copies of IT returns of last 2 years duly
  acknowledged by IT Dept/IT assessment orders or
  Form 16 for last 2 years from the Employer.
• Undertaking from employer for remittance of
  monthly installment, wherever feasible.
• Bank Account (Salaried Account) statement for the
  last 6 months (in case of other Bank)
• For Non Salaried Person
• Latest 3 years of IT returns
• Shop establishment Act
• Tax registration copy
• Company registration license
• Bank statement for past one year

www.bankofmaharashtra.in
6
Personal Loan Interest Rate(Bank of Maharashtra)
9.45PA
www.bankofmaharashtra.in
7
Personal Loan Eligibility(Bank of Maharashtra)

• All confirmed employees Central / State Govt. /
  PSUs / Public or Private Ltd Companies / Reputed
  Corporates / MNCs drawing salary from our Bank
• Salaried customers, not having salary account
  with our Bank, are to be considered for Personal
  loan subject to Employer undertaking for
  deduction of loan instalment from salary.
• Selfemployed professionals (Only Doctors (MBBS,
  MD, MS), CAs, Architects having own business) can
  also be given personal loan in case they are
  banking with us (with Credit facility) for the
  last one year.

www.bankofmaharashtra.in
8
Five steps to get personal loan

• Determine your requirements
• Check loan eligibility
• Calculate monthly Instalment
• Approach the bank
• Submit Documents

www.bankofmaharashtra.in
9
For Applying Click Below Button
APPLY NOW
www.bankofmaharashtra.in
10
Thank You
Click ME
www.bankofmaharashtra.in