Multiple banks. Different interest rates. Call it a "conflict of interest".
  • Bank Of Maharashtra Personal Loan Customer Care is Rated as "Great!" by 98041 Users

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    Personal Loan BYTES FROM OUR KITCHEN

    Bank Of Maharashtra Personal Loan Customer Care

    Incepted at Pune in Maharashtra, Bank of Maharashtra received its registration on 16 September 1935 and started its full-fledged operations on 8 February 1936. The bank became autonomous in the year 1998 and currently serves 15 million customers far and wide across the country with 1897 branches as of 5 April 2016. This has led Bank of Maharashtra to attain the largest network of branches amongst all public sector banks in the state of Maharashtra.

    Additionally, Bank of Maharashtra offers Depository services as well as Demat facilities at its 131 bank branches and holds the position of the Convener in the State Level Bankers’ Committee. The bank also has tie ups with the Life Insurance Corporation of India (LIC) and the United India Insurance Company (UIIC). Bank of Maharashtra is also 100% CBS-compliant and offers ‘Anytime, Anywhere Banking’ to its massive clientele. Being one of the oldest and trusted banks of the country, the bank has been awarded “Best Financial Inclusion Initiative” award by IBA in Banking Technology in 2016.

    Bank of Maharashtra Customer Care Service Details

    Bank of Maharashtra offers round-the-clock customer care services to its customer in order to help them with their queries. You can trust the bank’s polite and sympathetic representatives to help you navigate through the process of your personal loan application. Please see the details of the MahaSecure Customer Care Helpdesk mentioned below:

    24-hour toll-free numbers 1800 233 4526 OR 1800 102 2636
    Landline numbers 020 24480797 OR 020 24504117 OR 020 24504118
    Email address mahasecure@mahabank.co.in

    If you are accessing the internet banking facility of Bank of Maharashtra and need some help, you can get in touch with the bank’s representatives using the below mentioned details:

    SMS-based customer support For Internet Banking Activation, SMS ACTV to 9223181818 For other Internet Banking related assistance, SMS ASSIST to 9223181818
    24X7 Internet banking toll-free numbers 1800 233 4526 OR 1800 102 2636
    Landline number 020 24480797
    Email address mahaconnect@mahabank.co.in

    Bank of Maharashtra Grievance Redressal

    To provide customers the opportunity to voice their concerns or suggest any areas of improvement, Bank of Maharashtra observes the 15th of each month as ‘Customer Day’ across all offices including the Zonal offices and the Head office. If the 15th of any months coincides with a holiday then this day is recognised on the previous working day.

    Bank of Maharashtra offers an online complaint form that you can fill and submit to get your grievances redressed by the customer care center in a courteous and prompt manner. The customer care of the bank treats all complainants equally and provides fair resolutions to the petitioner’s problem.

    Stages of complaint redressal at Bank of Maharashtra

    1. Step 1: Once a customer files a complaint, the matter is brought to the immediate notice of the concerned Branch manager for redressal.
    2. Step 2: If the problem is not solved up to the customer’s satisfaction, the issue may be escalated to the respective Zonal head.
    3. Step 3: If the petitioner still feels that the complaint has not been resolved adequately, he or she can further escalate the matter to the Principal Nodal Office at the Head office of the bank along with the complete details of the case.
    4. Step 4: In case the complainant doesn’t get a satisfactory response even after following the above mentioned course of action, he or she may write directly to the Chairman & Managing Director of the Bank.

    Even after going through the course mentioned above, if any grievance remains unresolved for more than a month or a customer is not satisfied with the outcome, he or she can resort to the following alternatives:

    • The Banking Ombudsman located in State Capitals under RBI Ombudsman Scheme 2006
    • The District Consumer Forum under Consumer Protection Act, 1985
    • Directorate of Public Grievances, Government of India, Cabinet Secretariat, Sansad Marg, New Delhi

    How to raise a grievance

    A customer can raise a request for his or her grievance redressal through multiple modes at Bank of Maharashtra. See below the details of the modes through which you can get in touch with the customer care team:

    Grievance redressal phone number 020-25614259
    Grievance redressal email address cmcustomerservice@mahabank.co.in OR customerfeedback@mahabank.co.in
    Grievance Redressal Officer mailing address Mr. Makarand Krishana Deval Bank of Maharashtra Marketing & Publicity Department, Head Office ‘Lokmangal’, Shivajinagar Pune - 411005 Maharashtra, India

    Alternatively, you can also get in touch with the Compliance Officer using the below mentioned details:

    Name of alternate Compliance Officer Mr. Mahesh C. Banswani
    Designation Assistant General Manager, HRM
    Telephone number 02025511654
    Mobile number 09730000472
    Email address agmhrm@mahabank.co.in

    Once a complaint is lodged, the candidate is provided with a unique grievance number generated under Central Grievance Management System (CGMS). This number can be used further for any future references. All grievances are recorded in the CGMS and the Grievance Register of the bank, and will be available to the senior management for periodic reviews. The subscriber and complaint details are kept confidential and will be shared with any other organisation or regulatory authority when an external input is required to resolve the grievance. However, this is done only after receiving the written consent of the complainant.

    Whether you are unsatisfied with the resolution provided by the Grievance Redressal Officer or your grievance redressal is still pending, you can contact the Chief Grievance Redressal Officer (CGRO) using the below mentioned details:

    Name of Chief Grievance Redressal Officer Mr. Milind Gharad
    Designation Assistant General Manager
    Telephone number 020-25510708
    Mobile number 09911103231
    Email address agmabc@mahabank.co.in
    Address Bank of Maharashtra Alternate Business Channel Department, Head Office ‘Lokmangal’, Shivajinagar Pune - 411005 Maharashtra, India

    Check out the details of the Corporate Module Chief Grievance Redressal Officer:

    Name of Corporate Module Chief Grievance Redressal Officer Mr. Karajagi Mohammed Ishak Abdul Rahiman
    Designation Deputy General Manager, HRMD
    Telephone number 02025532752
    Mobile number 09831343222
    Email address dgmhrm@mahabank.co.in

    Please note that the complaint will be assumed to be resolved if the subscriber fails to respond within 45 days after the receipt of the written response from the grievance redressal entity or intermediary regulated by the bank authority.

    Types of loans offerd by Bank of Maharashtra

    • Pradhan Mantri Awas Yojana
    • Maha Ghar Housing Loan
    • Maha Doc+ Loan Scheme
    • MSME Credit+ Scheme
    • Stand-Up India Scheme
    • Loan Against Property
    • Skill Loan Scheme
    • Pradhan Mantri Mudra Yojana
    • MSME Schemes
    • Maha Combo Loan Scheme
    • Educational Loans
    • Loan Scheme for Exporters
    • Loan Scheme for Agriculturists
    • Loan Scheme for Corporates
    • Loan Scheme for Entrepreneurs
    • Loan Scheme for Professionals
    • Loan Scheme for Individuals
    • Maha Adhar Loan Scheme for Pensioners
    • Housing Finance Scheme
    • Mahabank Vehicle Loan Scheme for Old Car and Two Wheelers
    • Mahabank Gold Card Scheme for Exporters
    • TopUp Loan for Home Loan Borrowers
    • Mahabank Salary Gain Scheme
    • Mahabank Gold Loan Scheme
    • Personal Loans
    • Scheme for Solar Water Heating Systems
    • Mahabank Consumer Loan Scheme
    • Scheme for Solar Lighting Systems

    Maha Bank Personal Loan Scheme

    Personal loans are a great way to handle a temporary financial crisis without having to explain the bank outgoings of your loan expenditure. The Maha Bank Personal Loan Scheme of Bank of Maharashtra can be used to pay for various short-term personal expenses such as medical expenses, travel expenses, income tax liability, expenses for family functions, paying off credit card bills or other debts, expenses for business requirements, and many more.

    Maha Bank Personal Loan Scheme Eligibility criteria

    • Salaried individuals having existing housing loans
    • Candidates having a corporate salary account with a minimum of 2 years of work experience and at least 1 year in the current organisation
    • Candidate should have a minimum of 1 year of standing relationship with the bank
    • Applicant must be of the age group of 18 to 60 years
    • Corporate salary account holder must have had a minimum income of Rs.3 lakh in the previous year
    • Existing housing loan debtor must have had a minimum income of Rs.2.50 lakh in the previous year (subject to adequate disposable income)

    Documents required for Maha Bank Personal Loan Scheme

    • Proof of identity
    • Proof of address
    • PAN Card of the applicant
    • The candidate’s proof of income
    • Income Tax Return (ITR) or Form 16 from the employer for at least 2 years
    • The applicant’s salary slips of the last 3 months
    • The applicant’s bank statements of the last 6 months showing the salary credit details

    Maha Bank Personal Loan Scheme key points

    • Maximum loan amount that is subject to deduction norms is Rs.1.5 lakh under this scheme
    • The plan carries zero margin
    • The loan repayment tenure is flexible with a maximum of 36 months
    • The Benchmark Prime Lending Rate (BPLR) for this scheme is 15.00% effective from 01 October 2011
    • The Base Rate for Maha Bank Personal Loan Scheme is 9.60% effective from 07 October 2017
    • The processing charges of this plan is 1% of the entire loan amount with a minimum of Rs.1,000
    • The bank accepts one guarantor under this program
    • A 1% additional discount is given to corporate salary account holders and existing housing loan borrowers in the applicable rate of interest
    • The loan deduction amount will not exceed 60% of the gross income of the applicant in addition to the proposed EMI

    Personal Loan Reviews

    • Bank Bazaar Personal Loan
      "Awesome one stop shop "
      0.5 5.0/5 "Blown Away!"
      Various option available in Bank Bazaar, rather going to direct financier. here we can analyze the real information in website without going anywhere. I am using the site for past 2 months, the portal is good to post the request. The customer support team gave me the proper information.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jan 14, 2019
    • Tata capital Personal Loan
      "Satisfactory Experience"
      0.5 4.0/5 "Great!"
      I am satisfied with Tata Capital documentation part and they have fulfilled the commitment on my personal loan. The interest rate is quite nominal they gave me the same thing which provided by other banks. Even the door step documentation process is good.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jan 14, 2019
    • Axis Bank Personal Loan
      "Reduce the charges"
      0.5 5.0/5 "Blown Away!"
      I took my personal loan in Axis Bank before 4.5 years back and its been completed before 5 to 6 months have taken top-up loan. The customer service is very good. The charges are more compared to other banks. The loan duration is 5 years. Monthly installment is 5600 rupees through net banking.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 14, 2019
    • Bank Bazaar Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The customer service and response was better. I have been using the bank bazaar website for past 2 years, It was helpful to take credit card,loans and to check the credit score. Am comfortable with the mobile app. Most I like the responsibility is very good and process was simple.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 14, 2019
    • Early Salary Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I took my personal loan from Early Salary through online channel. The customer service is good and the response was proper. The interest rate is better, I have taken 18K from the Early Salary and have completed one EMI and two more is pending. The documents are collected by the executive.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 14, 2019
    • Bank Bazaar Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The customer service and response was good. This is the first time with bank bazaar and it was recommended by my friend. The response was very quick from the bank bazaar, It is easy to compare and take the loan. Am comfortable with the mobile application.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 14, 2019
    • Early Salary Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      The executive did not came to collect my documents and have tried to contact him, does not respond to me. The rate of interest is nominal. The process was easy in Early Salary to take the personal loan. The processing fee is okay. I have taken a loan for 35K which will be paid at single payment. I have request to extend my loan amount.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 14, 2019
    • Bank Bazaar Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      This is the first time I have logged in bank bazaar for the personal loan which has been recommended by some one. Its pretty good and feasible. I am able to compare with the multiple banks at one platform. I have used the website,I don't prefer mobile application.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jan 14, 2019
    • Citibank Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have taken my personal loan from Citi Bank through online channel. I think the interest rate which can be lower compare to other banks. I believe they have charged the processing fee which is minor amount because have not received the whole amount on my loan. They took 3 to 4 days for the disbursement. My documents are collected by the executive.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jan 14, 2019
    • Bank Bazaar Personal Loan
      "Good"
      0.5 3.5/5 "Pretty good"
      I am happy with the bank bazaar and it was mentioned as paper less but at last they have requested for cheque leaf and other hard copy, this is to be informed to the customer in prior. The customer service is good, they were not very clear about the documentation alone. I used the website.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 14, 2019
    • Tata capital Personal Loan
      "Good"
      0.5 3.5/5 "Pretty good"
      I guess the rate of interest is best which was given by Tata Capital where others are given more percentage. I opted for 3 years, I don't know about the terms and conditions for foreclosure. The executive came to my office and took some documents. The process was immediate and not has lengthy.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 14, 2019
    • Bank Bazaar Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      Bank Bazaar is good and sometimes the requirements are not fulfilled interms of rate of interest on the personal loan. There was no issues with the customer service and i would say its good. I am using the site for more than 2 to 3 years and have checked the credit score and showing some closed loans.
      Was this review helpful? 1
      , mohali
      Reviewed on Jan 14, 2019
    • IndusInd Bank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      They have given me a good service. I am satisfied with the Induslnd Bank. They have taken bit longer time to collect the documents. The rate of interest was prompt and there was no processing fee. They took a week to deliver the loan amount. I can do partial payment and foreclosure anytime without charges.
      Was this review helpful? 1
      , mohali
      Reviewed on Jan 14, 2019
    • Bank Bazaar Personal Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      I have applied for the personal loan in bank bazaar, the representative was very co-operative. probably am using it for 3 to 4months and have known it through online. Everything was fine and used the mobile app which was easy to compare and hassle free.
      Was this review helpful? 1
      , chandigarh
      Reviewed on Jan 14, 2019
    • Early Salary Personal Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      I have no issues with the Early Salary and there is no need for me to contact their customer service. Only one thing is the rate of interest and charges are high compared to others. I have taken the loan of 20, 000 rupees. The documentation procedure was perfectly fine.
      Was this review helpful? 1
      , chandigarh
      Reviewed on Jan 14, 2019
    • Bank Bazaar Personal Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have to be a mediator for the bank and bank bazaar and need to followup every day. After disbursing They said will get Amazon gift voucher which I yet to receive. Its my first time and known through online Google search and TV advertisement. Their mobile app was simple and handy.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jan 14, 2019
    • HDFC Bank Personal Loan
      "Need to improve the service"
      0.5 2.0/5 "Expected more"
      HDFC have delayed too much in disbursing the loan. The rate of intersect and charges are good. The document are submitted online, I opted for 4 years. The partial payment can be done after one year and they charge 4% for foreclosure. The customer service and response was not up to the mark.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jan 14, 2019
    • Bank Bazaar Personal Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I have dealt with bankbazaar.com for the first time to apply the personal loan. Initially I used to check my credit score and later have tried for the loans. The process was very good and it was done without any hassle. Am comfortable with the website than my phone. I like the service very much.
      Was this review helpful? 1
      , hosur
      Reviewed on Jan 14, 2019
    • HDFC Bank Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      The process was very faster and the response was on time. They have delivered the loan within a week. The documentation procedure was easy and have submitted online and as well as to the executive. I think the rate of interest was little bit high suggest them to reduce the charges. The loan tenure is 5 years and its a fixed interest rate.
      Was this review helpful? 1
      , hosur
      Reviewed on Jan 14, 2019
    • Bank Bazaar Personal Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I got the personal loan through bankbazaar.com and it was my first time experience. I have used the website on my mobile phone which was simple to access. I have received the promotional message. I have checked my credit score and have checked personally with HDFC, both are not matching.
      Was this review helpful? 1
      , nellore
      Reviewed on Jan 14, 2019
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