Bank of Maharashtra waives processing fee on Home and Vehicle loans till Dec 2017
Bank of Maharashtra has completely waived processing fees on Home and Vehicle loans effective fromSeptember 1, 2017 till 31stDecember 2017. The Bank also offers zero processing fees when someone transfers a home loan from another bank during this festive offer period. These concessions are offered to enhance Bank's retail portfolio during the ensuing festival season. The Bank recorded Q-o-Q stable growth in their home loan segment, while the Vehicle loan segment saw growth of 28.22 % in Q1 FY 17-18 compared to the quarter ending March, 2017. Personal vehicles contribute to the majority of the vehicle loan portfolio of Bank of Maharashtra.