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COMPARE : CAR LOANS Bank of Maharashtra Car Loan Introduction Bank of Maharashtra offers car loan for new cars/jeep and 2 wheelers. You can take loan for second hand four-wheeler, but it should be up to 3 years old. The minimum ceiling for 2 wheelers is Rs 1.00 lakh and for 4 wheelers it is Rs 25.00 lakh the margin for new vehicle is 10%. For second hand 2 wheeler and the 4 wheelers the maximum repayment period is at 60 months. The total deduction including proposed loan installment should not exceed 60% of gross income. Highlights   New Car Used Car Loan Type Term Loan Term Loan Ex-Showroom/On Road On Road On Road Loan Amount Min. - Rs 50000 Max. - Rs 85 Min. - Rs 50000 Max. - Rs 90 Tenure Min. - 12 Yrs. Min. - 12 Yrs. Interest Rate 11.25 % 13.75 % Time to Process Loan 7 days 7 days Preferred Manufacturers Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota  Fees & charges   Fees & charges   New Car Used Car Stamp Duty As Per Actuals As Per Actuals Legal, Repossession and Incidental Charges As Per Actuals As Per Actuals Show All Auto Loans Refine your search  Select a Manufacturer: All Chevrolet FIAT Ford GENERAL MOTORS INDIA HINDUSTAN MOTORS Honda Hyundai Mahindra Maruti Mercedes-Benz Mitsubishi Nissan Reva SAN Engineering Skoda Tata Motors Toyota  Select a Model: All  Select a Category: Salaried Self Employed  Select a Bank: All ICICI Bank Wizard home loans Magma Shrachi Finance Limited HDFC Bank Fullerton India Credit Company Kotak Bank of Baroda Bank of India Canara Bank HSBC Bank Standard Chartered Bank State Bank of India PNB AXIS BANK ABN AMRO Citi Bank Dena Bank American Express Corporation Bank Allahabad Bank UCO bank Deutsche Bank IndusInd Bank Barclays Indian Bank GE Money India Central Bank of India Tata Capital Limited Bank of Maharashtra Indian Overseas Bank Syndicate Bank Union Bank of India YES Bank Vijaya Bank Jammu & Kashmir Bank Centurion Bank of Punjab Andhra Bank Catholic Syrian Bank Federal Bank IDBI Bank Karnataka bank Oriental Bank of Commerce State Bank of Mysore State Bank of Patiala Bank Of Rajasthan Reliance Capital Ltd. ING Vysya Bank Karur Vysya Bank State Bank of Hyderabad State Bank of Indore State Bank of Bikaner and Jaipur State Bank of Travancore South Indian Bank Development Credit Bank Ltd. United Bank of India Muthoot Group Royal Bank of Scotland Dhanalakshmi Bank     Bank of Maharashtra Products Bank of Maharashtra Credit Cards Bank of Maharashtra Personal Loans Bank of Maharashtra Fixed Deposits Bank of Maharashtra Savings Accounts Bank of Maharashtra Educational Loans COMPARE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   CALCULATE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   EDITORS' PICKS Carnival of Indian Personal Finance Blogs #3 Carnival of Indian Personal Finance Blogs #1 Carnival of Indian Personal Finance Blogs #4 Your dream car - with good Car Loans from... This is how a bank lends money