| Interest rate | 8.75%-13.55% p.a. |
| Loan Amount | Up to Rs 20 lakh |
| Loan Tenure | Up to 5 years For Salaried: Up to 7 years |
| Processing Fees | Up to 1% of the loan amount (Maximum Rs 15,000) |
Note: Rates as of 9th February 2026
Bank of Maharashtra Personal Loan
Wide Choice
Quick Disbursal
SmartMatch
Digital Process
Wide Choice
Quick Disbursal
SmartMatch
Digital Process
4.5/5
15.5L Reviews
5cr+Satisfied Customers
65+Lending Partners
800+Cities across India
Apply Personal Loan Online
4.5/5
15.5L Reviews
5cr+Satisfied Customers
65+Lending Partners
800+Cities across India
Find Best Personal Loan Offers
HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Why Choose Paisabazaar?
Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
End-to-End Digital Process
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
Bank of Maharashtra Personal Loan Highlights
Bank of Maharashtra Personal Loan Interest Rates
Bank of Maharashtra Personal Loan interest rates start from 8.75% p.a. onwards. The bank offers personal loans based on the job profile and CIBIL Score of its personal loan applicants:
Maha Bank Personal Loan Scheme for Salaried Borrowers
Category A – For Confirmed Employees of Central Government/State Government/Public Sector Undertakings/Government Educational Institutions:
For Applicants having Salary Account with Bank of Maharashtra:
| CIBIL Score | Interest Rates (p.a.) |
|---|---|
| 800 and above | 8.75% |
| 776-799 | 9.05% |
| 750-775 | 9.55% |
| 681 to 749 | 10.05% |
| 680 and below | 12.05% |
| NTC or -1 or 0 | 9.75% |
For Applicants having Salary Account with Other Banks:
| CIBIL Score | Interest Rates (p.a.) |
|---|---|
| 800 and above | 9.55% |
| 776-799 | 10.05% |
| 750-775 | 10.55% |
| 681 to 749 | 11.05% |
| 680 and below | 13.05% |
| NTC or -1 or 0 | 10.80% |
Category B – For Confirmed Employees of Private or Public Ltd. Companies having external rating “A” & above
For Applicants having Salary Account with Bank of Maharashtra:
| CIBIL Score | Interest Rates (p.a.) |
|---|---|
| 800 and above | 9.55% |
| 776-799 | 10.05% |
| 750-775 | 10.55% |
| 681 to 749 | 11.05% |
| 680 and below | 13.05% |
| NTC or -1 or 0 | 10.80% |
For Applicants having Salary Account with Other Banks:
| CIBIL Score | Interest Rates (p.a.) |
|---|---|
| 800 and above | 9.95% |
| 776-799 | 10.55% |
| 750-775 | 11.05% |
| 681 to 749 | 11.55% |
| 680 and below | 13.55% |
| NTC or -1 or 0 | 11.30% |
Category C – For All Other Salary account holders (Confirmed Employees) whose salary is credited to Bank of Maharashtra and tie-up arrangement with the employer or irrevocable undertaking from the employer is available:
| CIBIL Score | Interest Rates (p.a.) |
|---|---|
| 800 and above | 9.95% |
| 776-799 | 10.50% |
| 750-775 | 11.00% |
| 681 to 749 | 11.50% |
| 680 and below | 13.05% |
| NTC or -1 or 0 | 11.30% |
Maha Bank Personal Loan Scheme for Professionals
| CIBIL Score | Interest Rates (p.a.) |
|---|---|
| 800 and above | 10.05% |
| 776-799 | 10.55% |
| 750-775 | 11.05% |
| 681 to 749 | 11.55% |
| 680 and below | 13.05% |
| NTC or -1 or 0 | 10.80% |
Maha Bank Personal Loan Scheme for Business Class having Home Loan with Bank of Maharashtra
| CIBIL Score | Interest Rates (p.a.) |
|---|---|
| 800 and above | 10.55% |
| 776-799 | 10.80% |
| 750-775 | 11.05% |
| 681 to 749 | 11.55% |
| 680 and below | 13.05% |
| NTC or -1 or 0 | 11.30% |
Other Bank of Maharashtra Personal Loan Schemes
| Personal Loan Scheme | Interest Rate (p.a.) |
|---|---|
| Maha Bank Personal Loan Scheme for payment of one-time Group Credit Life Insurance | 9.55% |
| Salary Gain Scheme | 11.20% |
Comparison of Personal Loan Interest Rates of Various Lenders
| Banks/NBFCs | Interest Rates(p.a.) |
|---|---|
| Bajaj Finance | 10% - 30% |
| Axis Bank | 9.99% onwards |
| IndusInd Bank | 10.35%* onwards |
| IDFC FIRST Bank | 9.99% onwards |
| HDFC Bank | 9.99% onwards |
| ICICI Bank | 10.45% onwards |
| Kotak Mahindra Bank | 9.98% onwards |
| Tata Capital | 10.99% onwards |
| Federal Bank | 11.99% onwards |
| L&T Finance | 11.00% onwards |
| MoneyTap | 13.00% onwards |
| Piramal Finance | 12.14% onwards |
| Aditya Birla | 10.99% onwards |
| Moneyview | 14% onwards |
*when applied through Paisabazaar
Last Updated on 9th February 2026
Avail Personal Loan for
All Your Needs
Processing Fees & Charges
| Processing Fees | For Maha Bank Personal Loan: 1% of the loan amount (Minimum Rs 1,000; Maximum Rs 15,000)For Maha Bank Aadhar Loan Scheme: 0.50% of the loan amount (Minimum Rs 1,000; Maximum Rs 15,000)
For Maha Bank Salary Gain Scheme: 0.50% of the loan amount (Minimum Rs 500) |
| Documentation Charges | 0.20% of the loan amount + GST |
Check the personal loan processing fee charged by top personal loan lenders
Types of Bank of Maharashtra Personal Loan
Maha Bank Personal Loan Scheme for All
Purpose: Regular personal loan scheme for meeting the personal requirements of salaried and self-employed professionals
Loan Amount: Up to Rs 20 lakh
Tenure:
Maha Bank Personal Loan Scheme for BPCL Employees
Purpose: To meet the personal requirements of all the confirmed employees of BPCL- Public Sector Unit
Loan Amount: Up to Rs 20 lakh
Tenure: Up to 7 years
Salary Gain Scheme
Purpose: Personal loan overdraft facility to meet the day-to-day requirements of Central/State government employees, individuals employed with PSUs, reputed corporates and public or private sectors.
Loan Amount:
Maha Bank Aadhar Loan Scheme
Purpose: To meet personal expenses such as medical expenses, marriage ceremony, general consumption, funerals, birth, religious ceremonies, etc.)
Tenure: 120 EMI, Subject to 75 years of age at loan maturity
Loan Amount:
Eligibility for Bank of Maharashtra Personal Loan
Maha Bank Personal Loan Scheme
For BPCL Employees
For Salary Gain Scheme
Bank of Maharashtra may also consider the credit score and monthly income while evaluating the personal loan eligibility of its applicants, just like other personal loan lenders.
You may also check the personal loan eligibility criteria set by other personal loan lenders
Documents Required for Loan Application
The following are common documents needed to avail Bank of Maharashtra Personal Loan:
Also know Bank of Maharashtra Bank Personal Loan Documents in detail
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
Explore Our Personal Loan Lenders
HDFC BANK
Axis Bank
Kotak Mahindra Bank
ICICI Bank
Federal Bank
IDFC First Bank
Indusind Bank
RBL Bank
Tata CapitalAvail Personal Loan for
All Your Needs
Personal Loan Articles
Importance of No Dues Certificate in Personal Loan Closure
Paisabazaar02 Sept 2025
Loan rejected despite high income? Here’s what you need to know
Paisabazaar19 Aug 2025
Personal Loan for First Time Borrowers: What Customers Must Know
Paisabazaar04 Aug 2025
How I Saved Rs 22,000 on My Personal Loan through Prepayment
Bhumika Khandelwal31 Jul 2025
How Have Personal Loans Advanced Over the Past few Years
Paisabazaar17 Jul 2025
Factors To Consider While Selecting a Personal Loan Lender
Paisabazaar16 Jul 2025
Instant Personal Loan Apps: Avoid These 5 Pitfalls
Bhumika Khandelwal16 Jul 2025
Reasons for Delay in Personal Loan Processing
Paisabazaar09 Jul 2025
APR vs Interest Rate in Personal Loans: What’s the Difference?
Bhumika Khandelwal07 Jul 2025
Tips to Choose an Ideal Personal Loan Tenure
Paisabazaar07 Jul 2025
What our customers say
Apne higher education ke liye loan liya tha
Puja DanuJan 22, 2026
Sabse jada helpful log the yaha
Anuradha GuptaJan 21, 2026
Meri shaddi thi
Sadia KhatunJan 15, 2026
Travel ke liye personal loan liya tha
Tarini RoyJan 14, 2026
Easy personal loan available
Ruchika TiwariJan 14, 2026
Medical Emergency thi, loan jaldi mil gya
Raj SinghJan 13, 2026
Compare karke sahi rate mila
Akrity PandeyJan 5, 2026
Personal loan fatfat mai mil gaya
Riya MehraJan 5, 2026
Loan from Paisabazaar was actually paperless
Tanmay BorkatakiDec 12, 2025
Best place for a small loan
Aridaman Singh ParhichaDec 11, 2025
Written By
Vandana Punj
Reviewed By
Shamik GhoshPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners
*Applicable for selected customers
Check Best Personal Loan Offers
with Quick Disbursal
