Business, & agriculture finance

Mahabank Hospitality Loan

Term-loan and working-capital finance from ₹10 lakh, with total exposure up to ₹10 crore, for eligible hospitality, tourism, food-service and recreation businesses.

Facility amountTerm loan ₹10 lakh-₹10 crore; working capital ₹10 lakh-₹2 crore; combined exposure up to ₹10 crore.Interest rateCurrent RLLR benchmark: 8.05% p.a.; final rate adds the sanctioned spread, with a possible collateral concession.Customer typeExisting or prospective hotels, restaurants, caterers, tourism, recreation and related hospitality operators; individuals, proprietorships, partnerships, LLPs and companies.

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✓ Manually checked 31 Aug 2026 · active

Mahabank Scheme for Units Engaged in Hospitality

Offered byBank of Maharashtra

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Customer typeExisting or prospective hotels, restaurants, caterers, tourism, recreation and related hospitality operators; individuals, proprietorships, partnerships, LLPs and companies.View source

Complete eligibility row reviewed.

Source: Hospitality Scheme
Page / section: Eligibility
Accessed: 31 Aug 2026
Confidence: high

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Turnover / vintageNot published.View source

No turnover or minimum-vintage threshold appears on the complete page or applicable schedules.

Source: Hospitality Scheme
Page / section: Complete page and applicable schedules
Accessed: 31 Aug 2026
Confidence: high

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Facility amountTerm loan ₹10 lakh-₹10 crore; working capital ₹10 lakh-₹2 crore; combined exposure up to ₹10 crore.View source

All facility limits reviewed.

Source: Hospitality Scheme
Page / section: Quantum of finance
Accessed: 31 Aug 2026
Confidence: high

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Interest rateCurrent RLLR benchmark: 8.05% p.a.; final rate adds the sanctioned spread, with a possible collateral concession.View source

Scheme is -linked; current official is 8.05%; numeric spread is not published on the reviewed sources.

Source: Hospitality Scheme and current notice
Page / section: Rate row; page 1
Accessed: 31 Aug 2026
Confidence: high

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TenureNot published.View source

No tenure or moratorium value appears on the complete page or applicable schedules.

Source: Hospitality Scheme
Page / section: Complete page and applicable schedules
Accessed: 31 Aug 2026
Confidence: high

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Collateral / securityCGTMSE cover is available up to ₹5 crore; collateral may reduce the rate; the property owner must be a personal guarantor.View source

Guarantee, and collateral-concession conditions reviewed.

Source: Hospitality Scheme
Page / section: Eligibility; rate
Accessed: 31 Aug 2026
Confidence: high

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Processing feeWorking capital: nil up to ₹5 lakh, then 0.35% p.a. Term loan: nil up to ₹5 lakh; 1% above ₹5 lakh to ₹25 crore.View source

Both applicable processing-fee rows reviewed.

Source: Service Charges
Page / section: pages 80-81
Accessed: 31 Aug 2026
Confidence: high

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Required documentsApplication/KYC; entity and Udyam records; net worth/ITRs; GST returns; audited financials; CMA/project projections; banking, title/lease and licence records; rating/TEV where thresholds apply.View source

All 14 checklist rows preserved in the attached table.

Source: Proposal Checklist
Page / section: Rows 1-14
Accessed: 31 Aug 2026
Confidence: high

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Geographic availabilityIndia, through Bank of Maharashtra's MSME lending network.View source

Official national bank product page and application route reviewed.

Source: Hospitality Scheme
Page / section: Official application route
Accessed: 31 Aug 2026
Confidence: medium

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Prepayment / foreclosureFloating business-purpose loans to individuals and MSEs: no prepayment charge. Cash-credit takeover: 2% of limit, with MSE exemption. Other term loans: 2% when prepayment exceeds 25% of sanctioned limit.View source

All applicable closure and prepayment rows reviewed with exemptions.

Source: Service Charges - All Credit
Page / section: pages 93-94
Accessed: 31 Aug 2026
Confidence: high

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Benefits and features

Term loan up to ₹10 crore
Working capital up to ₹2 crore
Land, premises, equipment, interiors, vehicles, boats and modernization covered
route up to ₹5 crore

Eligibility

Existing or prospective eligible hospitality, tourism, food-service and recreation operators in individual, proprietorship, partnership, or corporate form. The property owner must be a personal guarantor.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

Signed application/request
Borrower, promoter, director and guarantor
Udyam registration and applicable business registrations
Constitution and incorporation records
Net-worth certificates and
Board resolution where applicable
Verified returns
Two years' audited financials
Term-loan projections or working-capital
Existing banking and sanction records
TEV report above ₹15 crore
Lease/title deeds and project/equipment evidence
External rating above ₹25 crore
Hospitality or activity-specific licences

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹20,989twenty thousand nine hundred eighty-nine rupees

Interest paid over the full loan₹25,37,327twenty-five lakh thirty-seven thousand three hundred twenty-seven rupees

Everything you repay₹50,37,327fifty lakh thirty-seven thousand three hundred twenty-seven rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

TableParameter

Eligibility · Published detailExisting/prospective hotels, restaurants, fast-food and pizza franchises, caterers, dhabas, bakeries, messes, tour operators, water sports, amusement parks, floating restaurants and houseboats; individuals, proprietorships, partnerships, and corporates; property owner as personal guarantor

This value is copied from Mahabank Hospitality Scheme - complete published parameters. Check the table notes before relying on it.

Source: Hospitality Scheme · Complete parameter table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 7 rows · 2 columnsMahabank Hospitality Scheme - complete published parametersView tableHide table