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Bank of Maharashtra 2.0 Home Loan

2.0 housing finance for eligible first-home urban , and households, with loan value up to ₹25 lakh and interest subsidy up to ₹1.80 lakh.

Interest rate / subsidyUnderlying Bank of Maharashtra floating housing rates currently span 7.00%-9.65% p.a.; eligible PMAY-U 2.0 households receive 4% subsidy on the first ₹8 lakh for up to 12 years.Maximum finance / property valueMaximum eligible home loan ₹25 lakh; maximum house value ₹35 lakh; maximum carpet area 120 sq m.Subsidy tenure4% subsidy on the first ₹8 lakh for up to 12 years; eligibility requires a loan tenure longer than five years. The page does not publish a separate maximum contractual home-loan tenure.
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Quick eligibility check

Bank of Maharashtra 2.0 Home Loan

0 of 8 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.

1Do you meet this requirement: EWS up to ₹3 lakh?

Published source: Household income

2Do you meet this requirement: LIG above ₹3 lakh to ₹6 lakh?

Published source: Household income

3Does your annual income meet this requirement: MIG above ₹6 lakh to ₹9 lakh annual household income?

Published source: Household income

4Do you meet this requirement: The beneficiary family must not own a pucca house anywhere in India?

5Document checkDo you have this required document or proof: Aadhaar for beneficiaries?

Published source: Household income

6Document checkDo you have at least one of these required documents: Income self-certificate or affidavit?

Published source: Household income

7Document checkDo you have this required document or proof: No-pucca-house undertaking?

Published source: Household income

8Document checkDo you have this required document or proof: Unified-portal registration?

Published source: Household income
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

Statutory towns under Census 2011 and subsequently notified towns

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 typePMAY-U 2.0 interest-subsidy route for eligible urban home finance.View source
The page identifies the product as an Interest Subsidy Scheme.
Source
2.0
Page / section
Objective
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rate / subsidyUnderlying Bank of Maharashtra floating housing rates currently span 7.00%-9.65% p.a.; eligible PMAY-U 2.0 households receive 4% subsidy on the first ₹8 lakh for up to 12 years.View source
The page publishes the subsidy; the current Bank home-loan table publishes the underlying -based rates.
Source
2.0 and Retail Interest Rates
Page / section
subsidy table; Maha Super Housing floating table
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkRLLR 8.05% with the applicable housing-loan CIBIL spread; PMAY-U subsidy is calculated separately at 4% on the first ₹8 lakh.View source
The current housing table is -linked; the scheme page separately defines the 4% subsidy.
Source
Retail Interest Rates
Page / section
Maha Super Housing Loan; scheme table
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNot published; the scheme page and linked housing rate/fee schedules do not state a fee-inclusive APR.View source
No percentage or calculation is shown.
Source
2.0 - complete review
Page / section
Complete scheme, rate and fee review
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Household incomeEWS up to ₹3 lakh; LIG above ₹3 lakh to ₹6 lakh; MIG above ₹6 lakh to ₹9 lakh annual household income.View source
The page publishes all three income bands.
Source
2.0
Page / section
Annual Household Income and eligibility table
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum finance / property valueMaximum eligible home loan ₹25 lakh; maximum house value ₹35 lakh; maximum carpet area 120 sq m.View source
The official scheme table prints all three limits.
Source
2.0
Page / section
Loan property limits
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Subsidy tenure4% subsidy on the first ₹8 lakh for up to 12 years; eligibility requires a loan tenure longer than five years. The page does not publish a separate maximum contractual home-loan tenure.View source
The scheme page defines the subsidy tenure and minimum qualifying tenure.
Source
2.0
Page / section
Subsidy Details
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing and account-handling chargesCurrent standard housing schedule: processing 0.25% of loan amount, maximum ₹25,000; account handling 0.10%, minimum ₹500 and maximum ₹11,000, excluding GST.View source
The current publishes the non-green housing charges applicable to the bank's housing schemes.
Source
Service Charges - Liabilities Portfolio
Page / section
pages 72 and 74: Housing Loan except Green Housing
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment chargeNil for floating-rate non-business retail loans to individuals.View source
The current table states no prepayment charges for floating-rate non-business retail loans to individuals.
Source
Service Charges - Liabilities Portfolio
Page / section
page 12: Closure of Loan / Pre-Payment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • 4% interest subsidy on the first ₹8 lakh
  • Maximum subsidy release ₹1.80 lakh; maximum NPV ₹1.50 lakh
  • Maximum loan ₹25 lakh for subsidy eligibility
  • Maximum house value ₹35 lakh and carpet area 120 sq m
  • Subsidy released in five equal annual instalments

Eligibility

  • The beneficiary family must not own a pucca house anywhere in India. Aadhaar, a self-undertaking, unified-portal registration and an approved layout plan or applicable exemption are required.

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

Documents the bank lists

  • Aadhaar for beneficiaries
  • Income self-certificate or affidavit
  • No-pucca-house undertaking
  • Unified-portal registration
  • Approved layout plan or applicable government exemption
  • , income and property documents

Related official documents

Pradhan Mantri Awas Yojana - Urban 2.0official-product-page · current · accessed 31 Aug 2026
↗
Retail Interest Rates - complete remaining-loan reviewofficial-rate-table · current · accessed 31 Aug 2026
↗
Bank of Maharashtra Service Charges - Liabilities Portfolioofficial-pdf · 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.

Income groups · Published term up to ₹3 lakh; ₹3-₹6 lakh; ₹6-₹9 lakh annual household income

This value is copied from 2.0 - complete published eligibility and subsidy table. Check the table notes before relying on it.

Source: 2.0 · Complete scheme and eligibility tables Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 8 rows · 2 columnsPMAY-U 2.0 - complete published eligibility and subsidy tableView tableHide table

Scroll sideways to view every column

PMAY-U 2.0 - complete published eligibility and subsidy table
ParameterPublished term
Income groups up to ₹3 lakh; ₹3-₹6 lakh; ₹6-₹9 lakh annual household income
Loan/property limitsLoan ₹25 lakh; house value ₹35 lakh; carpet area 120 sq m
OwnershipBeneficiary family must not own a pucca house anywhere in India
Documents/registrationAadhaar, self-undertaking, unified-portal registration, approved layout plan or applicable exemption
Subsidy4% on first ₹8 lakh for up to 12 years; maximum release ₹1.80 lakh; maximum NPV ₹1.50 lakh
Tenure conditionLoan tenure more than five years
DisbursementFive equal annual instalments
LocationStatutory towns under Census 2011 and subsequently notified towns
2.0 · Complete scheme and eligibility tables · accessed 31 Aug 2026Open official source ↗
Table 2 · 6 rows · 4 columnsBank of Maharashtra current retail-credit charge rows used in this batchView tableHide table

Scroll sideways to view every column

Bank of Maharashtra current retail-credit charge rows used in this batch
ProductProcessing feeAccount handlingOther / prepayment
Housing/Flexi/ (non-green)0.25%, max ₹25,0000.10%, ₹500-₹11,000Nil prepayment for floating non-business individual loan
Housing Top-Up0.50%, ₹500-₹50,0000.10%, ₹500-₹11,000Product page: no prepayment penalty
Loan Against Property1%, ₹1,000-₹50,0000.10%, ₹500-₹11,000Nil prepayment for floating non-business individual loan
Maha Adhaar0.50%, ₹500-₹5,000; staff pensioner nil0.20%, ₹1,500-₹10,500Nil prepayment for floating non-business individual loan
-VidyalaxmiNo processing/upfront charge0.20%, min ₹500₹200 enrolment in current ; nil prepayment
Maha Super Green CarNilNilNil prepayment/pre-closure/part-payment
Service Charges - Liabilities Portfolio · pages 12 and 72-76 · accessed 31 Aug 2026Open official source ↗

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