Maha super home loan - PowerPoint PPT Presentation

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Maha super home loan

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Maha super home loan is a loan scheme by the bank of maharashtra. They provide the lowest interest rate compared to other banks. The benefits are there are no processing fees and no hidden charges. – PowerPoint PPT presentation

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Title: Maha super home loan


1
Maha Super Home Loan
  • Bank of Maharashtra

www.bankofmaharashtra.in
2
Features
  • Low EMI
  • Higher Loan Amount
  • Track My Loan
  • Simplified Disbursement
  • No Processing Fee
  • No Hidden Charges
  • No Prepayment Penalty

www.bankofmaharashtra.in
3
Thinking Of Buying your own House
www.bankofmaharashtra.in
4
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.bankofmaharashtra.in
5
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.bankofmaharashtra.in
6
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.bankofmaharashtra.in
7
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.bankofmaharashtra.in
8
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.bankofmaharashtra.in
9
www.bankofmaharashtra.in
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