Yuva Patrkaar: If you are also planning to take loan from both these banks. So a good news has come for you. Tell that whenever we take a loan from the bank. So the processing fee is collected from the bank side. However, now the bank has taken a big decision to waive the processing fee. If you are also planning to take loan from this bank. So you are going to be very happy to hear this news today. The customers who have taken loan from the bank are going to get some relief.

This bank gave double gift to its customers

Bank of Maharashtra has announced to waive processing fees on loans. Along with this, the rate of interest will also be cut. Government-owned Bank of Maharashtra has announced a reduction in interest rates on home loans and car loans by up to 0.20%. Apart from this, the processing fees have also been reduced by the bank. Now if you take home loan from this bank. So instead of 8.6% you will have to pay only 8.5% interest.

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New interest rates will be applicable from this day

A statement has also been issued by Bank of Maharashtra in this regard. Giving information, it was told that the increased interest rates will be implemented from August 14. Customers have been given a double gift by Bank of Maharashtra. On one hand, the interest rate has been reduced. On the other hand, it has been decided to reduce the processing fee as well.

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