Bank Of Maharashtra Car Loan

Bank of Maharashtra New Car Loan

Info

Customer Full Name *

Customer Email *

Customer Phone Number *

Employment Type *

Requirement (Loan Amount) *

PAN Card Number *

Personal Details

Applicant Details

Aadhar Number

Date of Birth

Gender

Mother Name

Marital Status

Spouse Name

Spouse Employment Status

Co-Applicant Details

Co-Applicant Aadhar No

Co-Applicant Pan Number

Co-Applicant DOB

Co-Applicant Email

Mobile Number

Co-Applicant Gender

Co-Applicant Mother Name

Co-Applicant Marital Status

Co-Applicant Spouse Name

Co-Applicant Spouse Employment

Personal Details

Co-Applicant Details

Co-Applicant Name

Aadhar Number

Co-Applicant Pan Number

Date of Birth

Mobile Number

Mother Name

Marital Status

Spouse Name

Spouse Employment Status

Co-Applicant 2 Details

Co-Applicant 2 Name

Co-Applicant Aadhar No

Co-Applicant Pan Number

Co-Applicant DOB

Co-Applicant Email

Co-Applicant Mobile Number

Co-Applicant Mother Name

Co-Applicant Marital Status

Co-Applicant Spouse Name

Co-Applicant Spouse Employment

Job Details

Having Official Email ID

Office Email

Employer Type

Employer Name

Specific Employment Type

Current Job Vintage

Total Job Experience

Job Function

Employer Sector

Employer Website

Employer Website Name

Address

Office Address

Distance between Home & Office (in KM)

Office Address

Office Pincode

Office District

Office State

Current Address

Current Residence Address

Current Address Pincode

Current District

Current State

Residence Type

Residing With

Any Residence Utility Bill

Holder of Utility Bill(Residence)

Period at Same Current Address

Permanent Residence Address

Is Permanent Address Same

Permanent Address

Permanent Address Pincode

Permanent Address District

Permanent Address State

Income & Banking Details

Income Details

Gross Salary Per Month

Net Salary Per Month

Salary Mode

Banking Details

Salary credited in Salary Account

Salary Bank Account Name

Having Other Saving Account

No of Saving Account

Saving Bank Account Name

Debt Details

Any Loan Running

Type of Loan Running

Existing EMI Paid

Any EMI Bounced in Last 6 Month

No of EMI Bounced

Any Settlement in Last 5 Years

Amount of Settlement

Any Loan Amount Overdue

Overdue Amount

Car Details

Manufacturer Name

Model Year

On Road Price

Ex Showroom Price

Car Model Name

Car Variant

Other Car Manufacturer

Expected Delivery Date

Have you Done Down Payment

Down Payment Amount

At Present are you using any Car

Present Car Name

Other Details

Director in any Company

No of Company Director

Name of Company

Any Political Connection

Specify Link

Payslip Received

No of Payslip

TDS Deducted

EPF Deducted

Reference 1

Reference 1 Name

Reference 1 Mobile Number

Reference 1 Email

Reference 1 Address

Reference 2

Reference 2 Name

Reference 2 Mobile Number

Reference 2 Email

Reference 2 Address

Right Document : Easy Process

Required Documents to Apply for Bank Of Maharashtra Car Loan

Salaried Person

KYC of applicant
Last 3 Month Salary Slip
Last 12 month Bank Statement of applicant
Last 3 year ITR with computation of income of applicant or Last 2 Year Form 16 of applicant
26AS of last 2 year of applicant
Quotation of Car
Latest Utility Bill of co-borrower if Owned premises else rent agreement if rentedSanction letter of all running loan
Latest utility Bill if owned residence or rent agreement if rented

Self Employed

KYC of applicant & Co-Applicant
KYC of Co-BorrowerLast 3 year ITR with computation of income of applicant & co-applicant
Last 3 year audited balance sheet of applicant
Last 3 year Tax audit report of applicant
Last 12 month Bank Statement of applicant & co-applicant
Copy of Last 12 month GST return if applicable
Quotation of Car
Sanction letter of all running loan
Latest utility Bill of residence if owned or rent agreement if rented
Latest utility Bill of Office if owned or rent agreement if rented
List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Share & Apply

About Bank Of Maharashtra New Car Loan

Many people may have dreamed of owning a car. A car is an extremely comfortable method of transport for a family excursion, a long road trip, a picnic with office buddies, and so on. A single car might mean a few things to various people. India is also a booming vehicle market, with the passenger car market rising by double digits over the years.

When it comes out that many individuals are interested in purchasing a car for comfort, safety, or any other purpose, they will be unable to purchase their dream car on their own.

The Bank of Maharashtra offers finance for the purchase of various types of automobiles. The borrower can repay the Bank of Maharashtra in equal monthly installments (EMIs). The Bank of Maharashtra accepts car loans from qualified clients and assists them in purchasing a cost-effective vehicle.

Work Process

Save Your Time with a Simple Loan Process

Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Let us take an example, How EMI is being calculated

Year	Principal (A)	Interest (B)	Total Payment (A + B)	Balance	Loan Paid To Date
2022	₹ 83,031	₹ 38,627	₹ 1,21,658	₹ 9,16,969	8.30%
Jul	₹ 13,610	₹ 6,667	₹ 20,276	₹ 9,86,390	1.36%
Aug	₹ 13,700	₹ 6,576	₹ 20,276	₹ 9,72,690	2.73%
Sep	₹ 13,792	₹ 6,485	₹ 20,276	₹ 9,58,898	4.11%
Oct	₹ 13,884	₹ 6,393	₹ 20,276	₹ 9,45,014	5.50%
Nov	₹ 13,976	₹ 6,300	₹ 20,276	₹ 9,31,038	6.90%
Dec	₹ 14,069	₹ 6,207	₹ 20,276	₹ 9,16,969	8.30%
2023	₹ 1,76,332	₹ 66,985	₹ 2,43,317	₹ 7,40,637	25.94%
Jan	₹ 14,163	₹ 6,113	₹ 20,276	₹ 9,02,805	9.72%
Feb	₹ 14,258	₹ 6,019	₹ 20,276	₹ 8,88,548	11.15%
Mar	₹ 14,353	₹ 5,924	₹ 20,276	₹ 8,74,195	12.58%
Apr	₹ 14,448	₹ 5,828	₹ 20,276	₹ 8,59,746	14.03%
May	₹ 14,545	₹ 5,732	₹ 20,276	₹ 8,45,202	15.48%
Jun	₹ 14,642	₹ 5,635	₹ 20,276	₹ 8,30,560	16.94%
Jul	₹ 14,739	₹ 5,537	₹ 20,276	₹ 8,15,821	18.42%
Aug	₹ 14,838	₹ 5,439	₹ 20,276	₹ 8,00,983	19.90%
Sep	₹ 14,937	₹ 5,340	₹ 20,276	₹ 7,86,046	21.40%
Oct	₹ 15,036	₹ 5,240	₹ 20,276	₹ 7,71,010	22.90%
Nov	₹ 15,136	₹ 5,140	₹ 20,276	₹ 7,55,874	24.41%
Dec	₹ 15,237	₹ 5,039	₹ 20,276	₹ 7,40,637	25.94%
2024	₹ 1,90,967	₹ 52,350	₹ 2,43,317	₹ 5,49,670	45.03%
Jan	₹ 15,339	₹ 4,938	₹ 20,276	₹ 7,25,298	27.47%
Feb	₹ 15,441	₹ 4,835	₹ 20,276	₹ 7,09,857	29.01%
Mar	₹ 15,544	₹ 4,732	₹ 20,276	₹ 6,94,313	30.57%
Apr	₹ 15,648	₹ 4,629	₹ 20,276	₹ 6,78,665	32.13%
May	₹ 15,752	₹ 4,524	₹ 20,276	₹ 6,62,913	33.71%
Jun	₹ 15,857	₹ 4,419	₹ 20,276	₹ 6,47,056	35.29%
Jul	₹ 15,963	₹ 4,314	₹ 20,276	₹ 6,31,094	36.89%
Aug	₹ 16,069	₹ 4,207	₹ 20,276	₹ 6,15,025	38.50%
Sep	₹ 16,176	₹ 4,100	₹ 20,276	₹ 5,98,848	40.12%
Oct	₹ 16,284	₹ 3,992	₹ 20,276	₹ 5,82,564	41.74%
Nov	₹ 16,393	₹ 3,884	₹ 20,276	₹ 5,66,172	43.38%
Dec	₹ 16,502	₹ 3,774	₹ 20,276	₹ 5,49,670	45.03%
2025	₹ 2,06,817	₹ 36,499	₹ 2,43,317	₹ 3,42,852	65.71%
Jan	₹ 16,612	₹ 3,664	₹ 20,276	₹ 5,33,058	46.69%
Feb	₹ 16,723	₹ 3,554	₹ 20,276	₹ 5,16,335	48.37%
Mar	₹ 16,834	₹ 3,442	₹ 20,276	₹ 4,99,501	50.05%
Apr	₹ 16,946	₹ 3,330	₹ 20,276	₹ 4,82,555	51.74%
May	₹ 17,059	₹ 3,217	₹ 20,276	₹ 4,65,495	53.45%
Jun	₹ 17,173	₹ 3,103	₹ 20,276	₹ 4,48,322	55.17%
Jul	₹ 17,288	₹ 2,989	₹ 20,276	₹ 4,31,035	56.90%
Aug	₹ 17,403	₹ 2,874	₹ 20,276	₹ 4,13,632	58.64%
Sep	₹ 17,519	₹ 2,758	₹ 20,276	₹ 3,96,113	60.39%
Oct	₹ 17,636	₹ 2,641	₹ 20,276	₹ 3,78,477	62.15%
Nov	₹ 17,753	₹ 2,523	₹ 20,276	₹ 3,60,724	63.93%
Dec	₹ 17,872	₹ 2,405	₹ 20,276	₹ 3,42,852	65.71%
2026	₹ 2,23,983	₹ 19,334	₹ 2,43,317	₹ 1,18,869	88.11%
Jan	₹ 17,991	₹ 2,286	₹ 20,276	₹ 3,24,862	67.51%
Feb	₹ 18,111	₹ 2,166	₹ 20,276	₹ 3,06,751	69.32%
Mar	₹ 18,231	₹ 2,045	₹ 20,276	₹ 2,88,520	71.15%
Apr	₹ 18,353	₹ 1,923	₹ 20,276	₹ 2,70,167	72.98%
May	₹ 18,475	₹ 1,801	₹ 20,276	₹ 2,51,691	74.83%
Jun	₹ 18,598	₹ 1,678	₹ 20,276	₹ 2,33,093	76.69%
Jul	₹ 18,722	₹ 1,554	₹ 20,276	₹ 2,14,371	78.56%
Aug	₹ 18,847	₹ 1,429	₹ 20,276	₹ 1,95,523	80.45%
Sep	₹ 18,973	₹ 1,303	₹ 20,276	₹ 1,76,550	82.34%
Oct	₹ 19,099	₹ 1,177	₹ 20,276	₹ 1,57,451	84.25%
Nov	₹ 19,227	₹ 1,050	₹ 20,276	₹ 1,38,224	86.18%
Dec	₹ 19,355	₹ 921	₹ 20,276	₹ 1,18,869	88.11%
2027	₹ 1,18,869	₹ 2,789	₹ 1,21,658	₹ 0	100.00%
Jan	₹ 19,484	₹ 792	₹ 20,276	₹ 99,385	90.06%
Feb	₹ 19,614	₹ 663	₹ 20,276	₹ 79,772	92.02%
Mar	₹ 19,745	₹ 532	₹ 20,276	₹ 60,027	94.00%
Apr	₹ 19,876	₹ 400	₹ 20,276	₹ 40,151	95.98%
May	₹ 20,009	₹ 268	₹ 20,276	₹ 20,142	97.99%
Jun	₹ 20,142	₹ 134	₹ 20,276	₹ 0	100.00%

Bank of Maharashtra New Car Loan

Info

Personal Details

Applicant Details

Co-Applicant Details

Personal Details

Co-Applicant Details

Co-Applicant 2 Details

Job Details

Address

Office Address

Current Address

Permanent Residence Address

Income & Banking Details

Income Details

Banking Details

Debt Details

Car Details

Other Details

Other Details

Reference 1

Reference 2

Required Documents to Apply for Bank Of Maharashtra Car Loan

Salaried Person

KYC of applicant

Last 3 Month Salary Slip

Last 12 month Bank Statement of applicant

Last 3 year ITR with computation of income of applicant or Last 2 Year Form 16 of applicant

26AS of last 2 year of applicant

Quotation of Car

Latest Utility Bill of co-borrower if Owned premises else rent agreement if rentedSanction letter of all running loan

Latest utility Bill if owned residence or rent agreement if rented

Self Employed

KYC of applicant & Co-Applicant

KYC of Co-BorrowerLast 3 year ITR with computation of income of applicant & co-applicant

Last 3 year audited balance sheet of applicant

Last 3 year Tax audit report of applicant

Last 12 month Bank Statement of applicant & co-applicant

Copy of Last 12 month GST return if applicable

Quotation of Car

Sanction letter of all running loan

Latest utility Bill of residence if owned or rent agreement if rented

Latest utility Bill of Office if owned or rent agreement if rented

List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

About Bank Of Maharashtra New Car Loan

Save Your Time with a Simple Loan Process

Visit Our Website

Select and Apply

Submit Your Document

Enjoy Your Financial Freedom!

Let us take an example, How EMI is being calculated