How to Check Bank of Maharashtra Personal Loan Eligibility - PowerPoint PPT Presentation

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How to Check Bank of Maharashtra Personal Loan Eligibility

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Personal loan is an unsecured loan that does not require any collateral. Different banks have different eligibility criteria to take personal loans. Here are the personal loan eligibility criteria of Bank of Maharashtra. – PowerPoint PPT presentation

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Title: How to Check Bank of Maharashtra Personal Loan Eligibility


1
How to Check Bank of Maharashtra Personal Loan
Eligibility
2
What is Personal Loan Eligibility?
  • To qualify for a personal loan you need to
    fulfill the eligibility put forward by the bank.
    This include your age, employment status, your
    net monthly income, your CIBIL score, repayment
    history, work experience, and the maximum loan
    EMI allowed as per your salary.

3
Personal Loan Eligibility
  • The general requirements of personal loan
  • Age limit 21 68 years
  • Type of EmploymentSalaried, Business owner,
    Self-employed, professional, Retired, Student
    Home maker
  • Employment Status Employed/In-business

4
  • Work Experience 1 to 3 years Above
  • Credit Score or CIBIL score 750 or above

5
Bank of Maharashtra Personal Loan Eligibility
  • Bank of Maharashtra personal loan eligibility
    include,
  • All confirmed employees Central/State/PSUs/Public
    or Private Ltd companies/ reputed
    corporates/MNCs drawing salary from Bank of
    Maharashtra.
  • For salaried customers not having account with
    the bank, are to considered for employer
    undertaking for deduction of loan installment
    from their salary.
  • Self employed person can also apply for personal
    loan, if they are banking with Bank of
    Maharashtra.

6
How to Check Bank of Maharashtra Personal Loan
Eligibility
  • Visit official website www.bankofmaharashtra.in/
  • Click on Personal
  • From the drop down menu select loans
  • Then select Bank of Maharashtra personal loan
    scheme

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  • You will reach a page where you have all the
    information related to Bank of Maharashtra
    personal loan.
  • Click on Check Eligibility tab.

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10
Visit Bank of Maharashtra personal loan page for
more details. Calculate your EMI using Personal
Loan EMI calculator tool online.
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