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Bank Maharashtra Home Loan News - May 2022
- 2022-02-10 : Bank of Maharashtra Tops PSU lenders Chart in Q3
State-owned Bank of Maharashtra has emerged as the top performer among public sector lenders in terms of loans and savings deposit growth during the third quarter of the current financial year. The bank recorded a 22.9 per cent increase in gross advances at Rs 1,29,006 crore in the October-December period of 2021-22, as per the data published by the bank. - 2021-12-13 : Bank of Maharashtra Revises Home Loan Rates
Bank of Maharashtra has cut home loan rates to 6.40% from 13th December 2021. Earlier, the lowest home loan rates were 6.80%. - 2021-10-22 : Bank of Maharashtra Q2 Profit Jumps To 103 percent
Bank of Maharashtra posted a 102.71 percent Y-o-Y rise in its net profit to Rs 264 crore for the September quarter (Q2). The net interest margin improved to 3.27 percent on a Y-o-Y basis against 2.3% in the comparable quarter last year. Net interest income increased by 33.84 percent to Rs 1,500 crore, compared with Rs 1,120 crore during Q2FY21. - 2021-08-16 : Bank of Maharashtra emerge as a top performer
Bank of Maharashtra has emerged as a top performer among public sector lenders in terms of loans and deposits. The bank has recorded 14.46 percent increase in gross advances at Rs 1,10,592 lakh crore in April-June period of 2021-22. - 2021-08-10 : Bank of Maharashtra offers Retail Bonanza-Monsoon Dhamaka
State-run bank, Bank of Maharashtra has waived off processing fees on gold loans, car loans and home loans till September 30, 2021. The lender is also offering a lower interest rate on car loans and home loans, the interest rate starts at 7.30% and 6.90%, respectively.
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