Bank of Maharashtra Home Loan interest rates · November 2026
Your home loan at Maharashtra.
Choose a scheme. Understand the rate. Explore your repayment.
What would I pay each month?
See scheme conditions Scheme selected for illustration. Check eligibility with the bank.
At 7.25%, you repay ₹94.85 lakh: ₹50 lakh borrowed and ₹44.85 lakh interest.
In the first 10 years, most of each EMI is interest. From year 11, most of it repays the loan.
Every 0.25% off the rate saves about ₹754 a month. Worth asking for.
Range estimate, not your approved offer. Excludes fees. Assumes the rate stays unchanged.
Scheme conditions & source
Understand this scheme
- Published rate
- 7.25% p.a.
- Rate type
- Floating
- Pricing published as
- RLLR − 1.05%
- Benchmark
- RLLR today: 8.30%
- Who it's for
- Credit score 800 and above · Salaried borrowers
What still needs confirming
- Your eligible rate and the scheme's conditions
- Processing fees and other charges
- How often the rate resets, and to what
Effective date not stated · checked 15 Nov 2026
Compare Maharashtra's home loan schemes
Different schemes have different conditions. Starting rates are not personalised quotes.
| Scheme | Published rate | EMI range* | Choose |
|---|---|---|---|
| Maha Super Housing Loan16 borrower bands | 7.25%–9.90% | ₹39,519–₹47,920 | Selected |
| Maha Super Housing Loan3 borrower bands | 11.70%–12.90% | ₹54,012–₹58,223 |
*₹50 lakh over 20 years, before fees. Scheme names follow the bank's published wording.
Every home loan rate Maharashtra publishes
19 rates across 2 schemes, by who each is for. Answer “About you” to see which apply to you.
| Scheme and band | Who it's for | Rate | EMI* | Use |
|---|---|---|---|---|
| Maha Super Housing Loan800 & above · Salaried | Credit score 800 and above · Salaried borrowers | 7.25% | ₹39,519 | |
| Maha Super Housing Loan800 & above · Non-Salaried | Credit score 800 and above · Non-salaried borrowers | 7.35% | ₹39,822 | |
| Maha Super Housing Loan750 to 799 · Salaried | Credit score 750–799 · Salaried borrowers | 7.50% | ₹40,280 | |
| Maha Super Housing Loan750 to 799 · Non-Salaried | Credit score 750–799 · Non-salaried borrowers | 7.60% | ₹40,586 | |
| Maha Super Housing Loan725 to 749 · Salaried | Credit score 725–749 · Salaried borrowers | 7.95% | ₹41,667 | |
| Maha Super Housing Loan725 to 749 · Non-Salaried | Credit score 725–749 · Non-salaried borrowers | 8.05% | ₹41,978 | |
| Maha Super Housing Loan700 to 724 · Salaried | Credit score 700–724 · Salaried borrowers | 8.00% | ₹41,822 | |
| Maha Super Housing Loan700 to 724 · Non-Salaried | Credit score 700–724 · Non-salaried borrowers | 8.20% | ₹42,446 | |
| Maha Super Housing Loan650 to 699 · Salaried | Credit score 650–699 · Salaried borrowers | 8.60% | ₹43,708 | |
| Maha Super Housing Loan650 to 699 · Non-Salaried | Credit score 650–699 · Non-salaried borrowers | 8.80% | ₹44,345 | |
| Maha Super Housing Loan600 to 649 · Salaried | Credit score 600–649 · Salaried borrowers | 9.00% | ₹44,986 | |
| Maha Super Housing Loan600 to 649 · Non-Salaried | Credit score 600–649 · Non-salaried borrowers | 9.20% | ₹45,631 | |
| Maha Super Housing Loanbelow 600 · Salaried | Credit score up to 599 · Salaried borrowers | 9.40% | ₹46,281 | |
| Maha Super Housing Loanbelow 600 · Non-Salaried | Credit score up to 599 · Non-salaried borrowers | 9.90% | ₹47,920 | |
| Maha Super Housing Loan-1 to 05 /NTC · Salaried | New to credit · Salaried borrowers | 7.95% | ₹41,667 | |
| Maha Super Housing Loan-1 to 05 /NTC · Non-Salaried | New to credit · Non-salaried borrowers | 8.15% | ₹42,290 | |
| Maha Super Housing LoanUp to Rs 30 Lakhs | Loans up to ₹30 lakh | 11.70% | ₹54,012 | |
| Maha Super Housing LoanAbove Rs. 30 Lakhs to Rs 75 Lakhs | Loans above ₹30 lakh | 12.70% | ₹57,513 | |
| Maha Super Housing LoanAbove Rs 75 Lakh to Rs 200 Lakhs | Loans above ₹75 lakh | 12.90% | ₹58,223 |
*₹50 lakh over 20 years, before fees. Band names are the bank's own; “who it's for” is what they state.
How Maharashtra compares
Each bank's lowest published rate, and what the same loan would cost a month there. Before charges.
The rates Maharashtra's loans are linked to
A floating loan's rate is one of these plus a spread fixed when you borrow. When it moves, your EMI or your term moves at the next reset.
Official Checked 15 Nov 2026 · Bank's own page
Maharashtra home loan: questions borrowers ask
Which Maharashtra home loan scheme has the lowest rate?
Maha Super Housing Loan, from 7.25% a year (priced as RLLR − 1.05%). Bank of Maharashtra publishes 2 home loan schemes we read; each has its own conditions, so check which you qualify for.
What is the Maharashtra home loan interest rate?
As of 15 Nov 2026, Bank of Maharashtra publishes home loan rates of 7.25% to 12.90% a year (floating). The lowest, 7.25%, is for: 800 & above · Salaried. The rate you are offered depends on your credit score, income and the loan amount.
What is the EMI on a ₹50 lakh home loan from Maharashtra?
At Maharashtra's lowest published rate of 7.25%, a ₹50 lakh home loan over 20 years costs about ₹39,519 a month, or ₹44,84,512 in interest over the loan. Charges and insurance are extra.
Are Maharashtra loans linked to the repo rate?
Bank of Maharashtra's repo-linked lending rate (RLLR) is 8.30%. Floating retail loans are priced from it, plus a spread fixed when you borrow.
Is Maharashtra cheaper than other banks for a home loan?
Of the 8 banks we read for home loans, Maharashtra's lowest published rate (7.25%) ranks number 2; the lowest is 7.25% at Central. Compare the charges as well as the rate.
Does RateScan get paid by Maharashtra?
No. We take no referral fees, show no ads and don't take loan applications. Every figure is read from the bank's own page, which is linked from every scheme.
More from Maharashtra
Other banks
How we collect loan rates
From the bank's own pages. Every figure is read from the lending-rate page the bank publishes, and links back to it. Benchmarks are re-read every day.
A published rate is not an offer. Banks set your rate from your credit score, income, the loan amount and the property or vehicle. We show the range the bank publishes; "7.60% onwards" means the bank gave no top figure.
Benchmark plus spread. A floating loan's rate is the bank's benchmark (its repo-linked rate, or MCLR for older loans) plus a spread fixed when you borrow. When the benchmark moves, your rate moves with it at the next reset.
The EMI is worked out on a reducing balance with monthly instalments: EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where r is the yearly rate ÷ 12 and n the number of months. It leaves out processing charges and insurance.
No referral fees. We don't take loan applications or get paid by lenders, so the order is the order.
Independent. No referral fees. Official sources.
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