Compare Fullerton India vs Bank of Maharashtra Personal Loan
Bank |
SBI
HDFC Bank
ICICI Bank
Bajaj Finserv
IDFC First Bank
Axis Bank
Tata Capital
Fullerton India
IndusInd Bank
Kotak Bank
RBL Bank
IIFL
HDB Financial
IDBI Bank
Karur Vysya Bank
Muthoot
Yes Bank
Standard Chartered Bank
Union Bank of India
Canara Bank
Andhra Bank
Allahabad Bank
Federal Bank
Syndicate Bank
Bank of Baroda
PNB
Indian Overseas Bank
Indian Bank
Corporation Bank
Cashe
Axis Finance
|
SBI
HDFC Bank
ICICI Bank
Bajaj Finserv
IDFC First Bank
Axis Bank
Tata Capital
IndusInd Bank
Kotak Bank
RBL Bank
IIFL
HDB Financial
Corporation Bank
Karur Vysya Bank
Muthoot
Yes Bank
Union Bank of India
Canara Bank
Bank of Maharashtra
Andhra Bank
Allahabad Bank
Federal Bank
Standard Chartered Bank
Syndicate Bank
PNB
Indian Overseas Bank
Indian Bank
IDBI Bank
Bank of Baroda
Cashe
Axis Finance
|
---|---|---|
Interest Rate | Interest Rate 11.99% - 18.99% |
10.35% - 13.70% |
Processing Fees | Processing Fees 2% |
1.00%, Min Rs. 1,000 |
Loan Amount | Loan Amount ₹ 50,000 to ₹ 25 Lakh |
₹ 1 Lakh to ₹ 20 Lakh |
Loan Tenure | Loan Tenure 12 to 48 Months |
6 to 36 Months |
Lowest EMI Per Lakh | Lowest EMI Per Lakh ₹ 2,633 |
₹ 3,243 |
Part Payment Charges | Part Payment Charges Not Allowed |
Not Allowed |
Foreclosure Charges | Foreclosure Charges Allowed after 6 months at 1 -17 months: 7%, 18 - 23 months: 5%, 24 - 35 months: 3%, After 36 months: Nil |
Allowed after 1 month at Nil prepayment charges |
Eligible Age | Eligible Age 21 to 58 Years |
21 to 60 Years |
Minimum Income | Minimum Income ₹ 17,000 |
₹ 20,000 |
Current Work Experience | Current Work Experience 1 Month |
12 Months |
Total Work Experience | Total Work Experience 12 Months |
36 Months |
Customer Ratings (Read Reviews) | Customer Ratings (Read Reviews) 4.1/5.0 |
4.1/5.0 |
Compare Personal Loan EMI of Fullerton India and Bank of Maharashtra
Loan Amount | Fullerton India | Bank of Maharashtra |
---|---|---|
₹ 1 Lakh | ₹ 2,633 | ₹ 3,243 |
₹ 5 Lakh | ₹ 13,164 | ₹ 16,216 |
₹ 10 Lakh | ₹ 26,329 | ₹ 32,432 |
₹ 12 Lakh | ₹ 31,595 | ₹ 38,918 |
Which is a better bank for Personal Loan – Bank of Maharashtra or Fullerton India?
Fullerton India offers lower Personal Loan EMI at Rs. 2633 for 48 Months compared to Bank of Maharashtra with a minimum EMI of Rs. 3243 for 36 Months. In addition, average customer ratings for Fullerton India is currently at 4.1/5.0, making it a good choice for taking a Personal Loan.
How does Bank of Maharashtra Personal Loan compare with Fullerton India Personal Loan?
It is important to make a detailed comparison of Bank of Maharashtra and Fullerton India on all loan terms and conditions to understand their differences and make an informed decision. Keep in mind that each bank’s scheme has its pros and cons that have to be evaluated before choosing the best offer. Some of the key results of the comparison between the two banks are:
Which bank offers a lower interest rate on Personal Loan – Bank of Maharashtra or Fullerton India?
As per the current rates, Bank of Maharashtra offers a lower interest rate of 10.35% on loans compared to Fullerton India, which offers a Personal Loan at 11.99%.
Know more about Fullerton India Personal Loan
Know more about Bank of Maharashtra Personal Loan
Compare Fullerton India Personal Loan With Other Banks
Compare Bank of Maharashtra Personal Loan With Other Banks
- 2022-05-13 : Punjab National Bank Increases Personal Loan Rates
The bank has increased the rates by 40 basis points, and after the revision, the bank offers personal loans starting from 8.85% to 14.85%. - 2022-05-13 : South Indian Bank Posts all-time High Net Profit in Q4
The Bank has posted an all-time high net profit of ₹272 crores for Q4 in FY 22 against ₹6.79 crores during the corresponding period of the previous year. - 2022-05-13 : Ujjivan Small Finance Bank Profit Falls by 7% for Q4
The bank has reported a 7 percent fall in its net profit to Rs 126.5 crore. Earlier, the bank had posted a net profit of Rs 136 crore in the same quarter of the preceding fiscal year 2020-21. - 2022-05-12 : Indian Bank Revises Personal Loan Rates
Indian Bank has increased the rates on personal loans, and as a result, the bank offers the lowest rates starting at 8.90% to upto 9.40%. - 2022-05-10 : Canara Bank Hikes Personal Loan Interest Rates
The bank has increased the lowest personal loan rates from 12.40% to 12.80%.
