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Bank of Maharashtra Loan Against Deposit

Deposit-backed liquidity of up to 90% of an eligible Bank of Maharashtra fixed deposit without prematurely breaking the deposit, available through mobile banking.

RateNot published numerically on the current LAD product page or current retail-rate schedule; the page describes the rate as lower than traditional personal loans.Maximum amountUp to 90% of the eligible fixed deposit's value; no universal rupee cap is published.TenureFlexible repayment is published, but no universal numeric maximum tenure appears on the current product page or rate schedule.
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Quick eligibility check

Bank of Maharashtra Loan Against Deposit

0 of 3 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you applying through the fixed-deposit route described here?

Published source: Minimum income

2Do you meet this requirement: Tax-saving deposits and any deposit product that prohibits a loan remain excluded under their own terms?

3Document checkDo you have this required document or proof: No documentation is published for the eligible digital journey; the customer selects an eligible fixed deposit in mobile banking and authenticates the request?

Published source: Minimum income
0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
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.

Loan typeSecured loan/overdraft against an eligible Bank of Maharashtra fixed deposit.View source
The product page describes borrowing against an existing without breaking it.
Source
Loan Against Deposit
Page / section
Features
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
RateNot published numerically on the current LAD product page or current retail-rate schedule; the page describes the rate as lower than traditional personal loans.View source
Both current public sources were reviewed; neither prints a LAD number.
Source
Loan Against Deposit rate review
Page / section
Complete LAD page and current Retail Interest Rates page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkNot published on the current LAD page or current retail-rate schedule.View source
No current benchmark or spread is shown for LAD.
Source
Loan Against Deposit rate review
Page / section
Complete product and current rate pages
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNot published on the current LAD product page or rate schedule.View source
No fee-inclusive is printed.
Source
Loan Against Deposit rate review
Page / section
Complete product and rate pages
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo income threshold or credit check is required; eligibility depends on holding an eligible Bank of Maharashtra fixed deposit.View source
The page states no credit check and bases the facility on the collateral.
Source
Loan Against Deposit
Page / section
Features and benefits
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountUp to 90% of the eligible fixed deposit's value; no universal rupee cap is published.View source
The official page states up to 90% of value.
Source
Loan Against Deposit
Page / section
High Loan Value
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureFlexible repayment is published, but no universal numeric maximum tenure appears on the current product page or rate schedule.View source
The page describes flexible tenure without a number.
Source
Loan Against Deposit
Page / section
Flexible Repayment Options
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeNil processing fee and zero documentation required for the published digital journey.View source
The product page and current fee schedule both state nil processing fee.
Source
Loan Against Deposit
Page / section
Features; Service Charges row 21
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNot published separately on the current LAD page or service-charge schedule.View source
No LAD-specific prepayment or foreclosure charge is shown.
Source
Loan Against Deposit charge review
Page / section
Complete product page and current service-charge schedule
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Up to 90% of fixed-deposit value
  • Nil processing fee
  • No credit check required
  • Zero-document digital application through the mobile app
  • Fixed deposit continues earning interest

Eligibility

  • Requires an eligible Bank of Maharashtra fixed deposit that can be pledged. Tax-saving deposits and any deposit product that prohibits a loan remain excluded under their own terms.

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

Documents the bank lists

  • No documentation is published for the eligible digital journey; the customer selects an eligible fixed deposit in mobile banking and authenticates the request

Related official documents

Loan Against Deposit (LAD)official-product-page · current · accessed 31 Aug 2026
↗
Retail Interest Rates — Salary Gain and LAD reviewofficial-product-page · current · accessed 31 Aug 2026
↗
Service Charges — Salary Gain and Loan Against Own Depositofficial-product-page · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

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

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine 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.

amount · Government / State / 5× monthly take-home salary; max ₹5 lakh

This value is copied from Salary Gain — published employee-category terms. Check the table notes before relying on it.

Source: Salary Gain Scheme · Complete comparison 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 · 6 rows · 3 columnsSalary Gain — published employee-category termsView tableHide table

Scroll sideways to view every column

Salary Gain — published employee-category terms
ParameterGovernment / State / Other eligible employers
amount5× monthly take-home salary; max ₹5 lakh3× monthly take-home salary; max ₹5 lakh
EmploymentPermanent; at least 1 year servicePermanent; at least 1 year service; employer rating A+ where specified
Minimum salary₹25,000 monthly take-home₹25,000 monthly take-home
Deduction cap65% of gross monthly salary60% of gross monthly salary
Rate + 3.15% = 11.20% + 3.15% = 11.20%
Annual fee0.50% of amount; minimum ₹500 p.a.0.50% of amount; minimum ₹500 p.a.
Salary Gain Scheme · Complete comparison table · accessed 31 Aug 2026Open official source ↗
Table 2 · 7 rows · 2 columnsLoan Against Deposit — published termsView tableHide table

Scroll sideways to view every column

Loan Against Deposit — published terms
ParameterPublished detail
AdvanceUp to 90% of eligible value
ProcessingNil
DocumentationZero-document digital journey published
Credit checkNot required
CollateralEligible Bank of Maharashtra fixed deposit
ApplicationMobile banking: select , apply and authenticate
Numeric rate / maximum tenureNot published on current product page or current public rate schedule
Loan Against Deposit · Features, benefits and application flow · accessed 31 Aug 2026Open official source ↗

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