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 typeIndividuals, proprietorships, partnerships, HUFs, companies and LLPs in trading, manufacturing/processing or services.View source

Complete target and entity rows reviewed.

Source: MAHA
Page / section: Target group; eligible entities
Accessed: 31 Aug 2026
Confidence: high

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Turnover / vintageNot published.View source

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

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

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Facility amount₹10 lakh-₹20 crore total; non-fund facility up to ₹10 crore.View source

All published facility limits reviewed.

Source: MAHA
Page / section: Quantum
Accessed: 31 Aug 2026
Confidence: high

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Interest rateCurrent RLLR benchmark: 8.05% p.a.; final rate adds the sanctioned spread.View source

Scheme is -linked; current is 8.05%; spread is not published on the reviewed page.

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

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TenureUp to ₹5 crore: seven years; above ₹5 crore: 10 years.View source

Both repayment tiers reviewed.

Source: MAHA
Page / section: Repayment
Accessed: 31 Aug 2026
Confidence: high

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Collateral / securitySARFAESI-compliant immovable property; minimum 50% margin, so maximum LTV is 50%.View source

Complete margin and security rows reviewed.

Source: MAHA
Page / section: Margin; security
Accessed: 31 Aug 2026
Confidence: high

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Processing feeTerm loan: nil up to ₹5 lakh, then 1% through ₹20 crore. Working-capital/overdraft tariff: 0.35% p.a. above ₹5 lakh.View source

Applicable term and working-capital processing 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 financial records; projections; banking records; complete title, legal and valuation papers for the offered property; security-creation and business-specific documents.View source

Complete common checklist reviewed with property security requirement.

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

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Geographic availabilityIndia, through Bank of Maharashtra branches.View source

Official page directs customers to a nearby branch.

Source: MAHA
Page / section: Branch guidance
Accessed: 31 Aug 2026
Confidence: high

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Prepayment / foreclosureFloating business-purpose loans to individuals and MSEs: nil. Other term loans: 2% when prepayment exceeds 25% of sanctioned limit; drop-line overdraft takeover may attract 2%, with MSE exemption.View source

Applicable floating, term and CC closure rows reviewed.

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

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Benefits and features

₹10 lakh to ₹20 crore
Term loan or drop-line overdraft
Non-fund facility up to ₹10 crore
Seven- or 10-year maximum repayment by amount

Eligibility

Individuals, sole proprietorships, partnership firms, , companies and engaged in trading, manufacturing/processing or services.

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

Documents the bank lists

Signed application and
Udyam and entity records where applicable
Financials, and projections
Banking and existing sanction records
Title deeds and legal/property valuation papers
Security creation and SARFAESI-compliance records
Business-specific registrations and 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

Target group · Published detailTraders, manufacturers, business owners and professionals in trading, manufacturing or services

This value is copied from MAHA Mortgage Loan - complete published guidelines. Check the table notes before relying on it.

Source: MAHA · Complete 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 · 9 rows · 2 columnsMAHA LAP Mortgage Loan - complete published guidelinesView tableHide table

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MAHA LAP Mortgage Loan - complete published guidelines
Parameter	Published detail
Target group	Traders, manufacturers, business owners and professionals in trading, manufacturing or services
Facility	Term loan or drop-line overdraft; non-fund facility may form part of total facilities
Entities	Individuals, sole proprietorships, partnerships, , companies and
Margin/	50% minimum margin; 50%
Quantum	₹10 lakh-₹20 crore; non-fund facility up to ₹10 crore
Rate	-based
Security	SARFAESI-compliant immovable property
Repayment	Up to ₹5 crore: seven years; above ₹5 crore: 10 years
Fees	Applicable service-charge guidelines; nearby branch for detail

MAHA · Complete table · accessed 31 Aug 2026Open official source ↗

Table 2 · 14 rows · 2 columnsBank of Maharashtra MSME proposal checklist - all 14 rowsView tableHide table

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Bank of Maharashtra MSME proposal checklist - all 14 rows
No.	Required document
1	Borrower request / signed application
2	Borrower/promoter/director/guarantor
3	Udyam and applicable , , LEI, IEC, constitution/incorporation, net worth and records
4	Company borrowing resolution
5	-certified net worth with valid UDIN
6	Verified returns
7	Last two years' audited financials
8	/projections: at least two years for WC or through term-loan period
9	Banking arrangement and latest outstanding/unavailed position
10	Other-bank sanction letters
11	TEV report above ₹15 crore
12	Primary/collateral lease and title deeds
13	External rating above ₹25 crore
14	Business-specific documents and licences

Proposal Checklist · Complete checklist · accessed 31 Aug 2026Open official source ↗

Table 3 · 6 rows · 3 columnsBank of Maharashtra benchmark rates effective 25 July 2026View tableHide table

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Bank of Maharashtra benchmark rates effective 25 July 2026
Benchmark	Residual maturity	Rate p.a.
Overnight	1 day	7.30%
One-month	>1 day-1 month	8.30%
Three-month	>1-3 months	8.55%
Six-month	>3-6 months	8.90%
One-year	>6 months	9.00%
	External benchmark	8.05%

and effective 25.07.2026 · page 1 · accessed 31 Aug 2026Open official source ↗

Table 4 · 5 rows · 2 columnsApplicable MSME processing and closure chargesView tableHide table

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Applicable MSME processing and closure charges
Facility / event	Published charge excluding
Working-capital processing	Nil up to ₹5 lakh; 0.35% p.a. above
Term-loan processing	Nil to ₹5 lakh; 1% above ₹5 lakh-₹25 crore; 0.80% above ₹25-₹100 crore; 0.70% above ₹100 crore
Cash-credit takeover	2% of sanctioned limit; exempt
Other term-loan prepayment	2% when prepaid amount exceeds 25% of sanctioned limit; exempt
Floating business-purpose loan to individual/	Nil prepayment charge

Service Charges · pages 80-81 and 93-94 · accessed 31 Aug 2026Open official source ↗

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MAHA LAP Mortgage Loan

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

Chief Minister Employment Generation Programme (CMEGP)

Mahabank Commercial Vehicle Loan for Small Road Transport Operators

Mahabank Scheme for Contractors

Credit Guarantee Scheme for Exporters (CGSE)

MAHA Mortgage Loan