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The home loan at 8.4 per cent makes Bank of Maharashtra it one of the lowest in the banking sector.&nbsp;This would help the public sector bank to get more home loan business and shall also help home loan borrowers to pay reduced EMIs.

After Bank of Baroda, this public sector lender cuts home loan rate to 8.4%

Bank of Maharashtra’s MCLR hike is in line with the Reserve Bank of India’s rate hike. Last week, the RBI increased the repo rate by 25 basis points to 6.50 per cent.

Bank of Maharashtra home loan EMIs set to rise as lender hikes MCLR rates up to 30 basis points

Bank of Maharashtra recorded a 139 per cent jump in profit to Rs 775 crore at the end of December 2022, according to quarterly results declared.

Q3 earnings review: Public sector banks' profit jumps 65% – here’s how SBI, Bank of Maharashtra and others performed

The bank's total income increased to Rs 4,770 crore in the latest December quarter from Rs 3,893 crore in the year-ago period, BoM said in a regulatory filing.

Bank of Maharashtra Q3FY23 result: Two-fold jump in profit - check key highlights

Bank of Maharashtra MCLR, Home Loan Interest Rate:&nbsp;The overnight MCLR has been raised by 20 basis points from 7.30 per cent to 7.50 per cent.

​Bank of Maharashtra hikes MCLR by up to 30 bps; home loan, auto loan EMIs to go up

The Pune-headquartered lender recorded 28.62 per cent increase in gross advances at Rs 1,48,216 crore at the end of September 2022, according to published quarterly numbers of public sector banks (PSBs).

Bank of Maharashtra tops list of public sector lenders in credit growth during July-September period - check details!

The Pune-based lender has also slashed interest rate on personal loans to 8.9 per cent from the existing 11.35 per cent effective Monday (October 17, 2022), BoM said in a statement.

SBI, HDFC offer discounts on home loans interest rates

The Pune-based lender has also slashed interest rate on personal loans to 8.9 per cent from the existing 11.35 per cent effective Monday (October 17, 2022), BoM said in a statement. The lender has already waived processing fee for its gold, home and car loans under the 'Diwali Dhamaka' offer.

Bank of Maharashtra slashes home loan rate to 8% in festive offer 

The hike has been effected in their benchmark rate linked to the repo rate, which was increased by half a percentage point to 5.9 per cent last month by the Reserve Bank of India.

Home loan, car loan EMIs set to become costlier as THIS govt-run bank increases interest rates by 0.20%  

With second-quarter earnings for the financial year 2022-23 scheduled to kick-off next week, these financial companies released their Q2 update, registering growth.

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Managing directors and executive directors of all public sector banks who participated in the meeting were asked to focus on credit growth during the festive season, beginning in September

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With regard to deposit growth, BoM witnessed a 12.35 per cent growth and mobilised Rs 1,95,909 crore at the end of June 2022.

This bank tops list of PSU lenders in Q1 loan, deposit growth - Check list 

&nbsp;

The bank is also facilitating hassle-free gold loans up to Rs 25 lakh at a 7.70 per cent rate with zero processing fees up to Rs 3 lakh, it added.

Monsoon Dhamaka! This bank waives entire processing charges on home loans, check latest interest rate 

Bank of Maharashtra reported a more than two-fold jump in net profit to Rs 452 crore in the April-June quarter, helped by a healthy net interest income and improvement in asset quality.

Bank of Maharashtra shares jump over 2% intraday post strong Q1 results

State-run Bank of Maharashtra on Monday reported a more than two-fold jump in net profit to Rs 452 crore in the April-June quarter, helped by a healthy net interest income and improvement in asset quality.

Bank of Maharashtra shares jump over 2% after strong Q1 earnings

Bank of Maharashtra Q1 Results FY2023: State-run Bank of Maharashtra on Monday reported a more than two-fold jump in net profit to Rs 452 crore in the April-June quarter, helped by a healthy net interest income and improvement in asset quality

Q1 Results FY2023: Bank of Maharashtra, HeidelbergCement India declare Q1 results; here are key highlights

The net NPAs came down to 0.88 per cent (Rs 1,206.43 crore) from 2.22 per cent (Rs 2,352.75 crore).

Bank of Maharashtra profit more than doubles to Rs 452 crore in Q1; stock jumps 5%

Bank of Maharashtra recorded a more than two-fold improvement in its consolidated net profit for the quarter ended March, to Rs 355 crore, supported by a decrease in bad loan proportions, which necessitated less provisioning.

Bank of Maharashtra Q4 Results: Check consolidated net profit and other key earning details

RBI&nbsp;has fined Bank of Maharashtra Rs 1.12 crore for failing to follow various instructions, particularly those related to Know Your Customer (KYC) regulations.

RBI imposes Rs 1.12 crore penalty on this bank 

<h2>The Pune-headquartered lender recorded a 22.9 per cent increase in gross advances at Rs 1,29,006 crore in the October-December period of 2021-22, as per the data published by the bank.</h2>

&nbsp;

 This bank emerges as top performer among public sector lenders in terms of loans, savings deposit growth

bank-of-maharashtra

Standalone net profit rises to Rs 1,779 crore; board declares Re 1 interim dividend, shares gain 1 per cent on NSE.

Bank of Maharashtra Q3FY26: Profit jumps 26.5%, advances and deposits post strong growth

This PSU bank may deliver big upside despite market sell-off — here’s why analysts prefer the stock

The Bank of Maharashtra OFS will be conducted over two days — December 2 for non-retail investors and December 3 for retail investors.

Bank of Maharashtra OFS: Retail window to open on Dec 3—Check floor price and other key details

Stocks to buy for long term: Several domestic brokerage firms have shared their latest stock recommendations from different sectors, including banking, beauty &amp; personal care, and information technology. They have suggested buying 5 largecap, 4 midcap and 1 smallcap stocks that can generate profits in the long term. Check out targets -

10 Stocks to buy for long term: Analysts recommend 5 largecap, 4 midcap, 1 smallcap scrips; Cholamandalam Bank of Maharashtra on the list

Upcoming Corporate Action: Several companies have recently announced interim dividends, stock splits, and board-level changes in compliance with SEBI regulations, with record dates set across early May 2025.

Bajaj Finance, CRISIL, Oberoi Realty & More: Companies roll out key corporate actions for coming week – Check details on ex-dividends, stock splits

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Bank of Maharashtra News- Zee Business provides latest news on Bank of Maharashtra, Bank of Maharashtra news Today, Top News on Bank of Maharashtra, update on Bank of Maharashtra Stay updated with business news, breaking news headlines.

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Bank Of Maharashtra

After Bank of Baroda, this public sector lender cuts home loan rate to 8.4%

Bank of Maharashtra home loan EMIs set to rise as lender hikes MCLR rates up to 30 basis points

Q3 earnings review: Public sector banks' profit jumps 65% – here’s how SBI, Bank of Maharashtra and others performed

Bank of Maharashtra Q3FY23 result: Two-fold jump in profit - check key highlights

Bank of Maharashtra hikes MCLR by up to 30 bps; home loan, auto loan EMIs to go up

Bank of Maharashtra tops list of public sector lenders in credit growth during July-September period - check details!

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Bank Of Maharashtra

After Bank of Baroda, this public sector lender cuts home loan rate to 8.4%

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Q3 earnings review: Public sector banks' profit jumps 65% – here’s how SBI, Bank of Maharashtra and others performed

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​Bank of Maharashtra hikes MCLR by up to 30 bps; home loan, auto loan EMIs to go up

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Home loan, car loan EMIs set to become costlier as THIS govt-run bank increases interest rates by 0.20%

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