Bank of Maharashtra Slashes Housing & Car Loan Interest Rates

KOCHI:
Bank of Maharashtra (BoM), a premier public sector bank in the countryhas slashed Housing & Car Loans to 6.40% (earlier 6.80%) and 6.80% (earlier 7.05%)under ‘Retail Bonanza-Festive Dhamaka’ offer. The offer rate is linked to borrowers’ credit score.

Bank of Maharashtra has already waived processing fee for its Gold, Housing and Car loan under ‘Retail Bonanza-Festive Dhamaka’ offer.

A S Rajeev, Managing Director &CEO, Bank of Maharashtra opined, “We believe that ‘Retail Bonanza-Festive Dhamaka’ offerings will help customers to save more on their loans and bring cheers in their lives.”

Hemant Tamta, Executive Director, Bank of Maharashtra said,“With the Retail Bonanza-Festive Dhamakaoffer, we are providing one of the lowest interest rates in retail loans especially for Housing and Car loans in the industry. We request customers to avail maximum benefit of this offer.”