The Mahanagar Co-Operative Bank is growing rapidly in Maharashtra. This bank has also introduced the facility of modern banking such as NEFT, Demat, RTGS, etc. This bank not only covers almost whole part of Maharashtra, India but also has automated its financial services completely. Mahanagar Co-Operative bank also offers the facility of personal loan to its customer in order to meet their need of credit & liquidity.
Loanbaba.com provides all the information about Mahanagar Co-Operative Bank Personal Loan.
The Mahanagar Co-Operative Bank personal loan is meant to meet unavoidable and mandatory expenses like wedding, renovation or repairs of place of business or home, education expenses, international holidays, etc. Customer can also apply this loan for emergency situation such as legal fees, hospitalization, meeting capital requirements, etc.
Both self-employed businesspersons and salaried persons can take this loan.
Rates of interest can be 15 or 16 percent but depends on the bank’s discretion, applicant and loan amount.
Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Mahanagar Co-Operative Bank.