Union bank of India
State Bank of India
Interest Rate
7.1% – 10% p.a.
Loan Amount
Up to 90%
Interest Rate
7.25% – 9.5% p.a.
Loan Amount
Up to 90%
Bank Of Maharashtra Home Loan vs Central Bank Of India Home Loan Home Loan Comparison | Ambak
The bank of maharashtra vs central bank of india home loan comparison: Bank of Maharashtra (2,500+ branches across India, PSU) offers Maha Super Housing Loan, Combo Loan and Plot Loan; Central Bank of India (4,500+ branches since 1911, PSU) offers Cent Home Loan and Cent Home Double Plus. Differences lie in schemes, eligibility, digital experience and customer segments.
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bank of maharashtra vs central bank of india: Bank of Maharashtra offers Maha Super Housing Loan, Combo Loan and Plot Loan with Combo Loan for home and plot and dedicated Plot Loan variant. Central Bank of India offers Cent Home Loan and Cent Home Double Plus with Double Plus built-in top-up. Related search: central bank of india vs bank of maharashtra. Choice depends on borrower profile, scheme fit and network reach.
Ambak Recommended
Bank of Maharashtra
Home Loan
Central bank of India
Home Loan
| Metric | Bank of Maharashtra | Central bank of India |
|---|---|---|
 Interest Rate | ||
7.1% – 9.25% 7.2% – 8.7% | ||
 Interest Rate | 7.1% – 9.25% | 7.2% – 8.7% |
 Processing Fee | ||
0.25% + GST 0.5% + GST ; Max upto Rs.23,600 | ||
 Processing Fee | 0.25% + GST | 0.5% + GST ; Max upto Rs.23,600 |
 Max LTV | ||
Up to 90% Up to 90% | ||
 Max LTV | Up to 90% | Up to 90% |
 Max Loan Amount | ||
₹3000000 Cr ₹3000000 Cr | ||
 Max Loan Amount | ₹3000000 Cr | ₹3000000 Cr |
 Min Loan Amount | ||
₹5000 Cr ₹5000 Cr | ||
 Min Loan Amount | ₹5000 Cr | ₹5000 Cr |
 EMI per Lakh | ||
₹782 ₹788 | ||
 EMI per Lakh | ₹782 | ₹788 |
Why Choose Bank of Maharashtra Home Loan
Bank of Maharashtra is a PSU lender with 2,500+ branches across India. Variants include Maha Super Housing Loan, Combo Loan and Plot Loan, designed for salaried, women and self-construction buyers. Key features include Combo Loan for home and plot, dedicated Plot Loan variant and women-borrower concession. Bank of Maharashtra suits borrowers looking for combo and plot loan variants.
- Lower rates on average. Get access to better-than-advertised rates—typically lower depending on your profile and eligibility.
- Balance transfer made simple. One form, we fetch offers from 70+ lenders and compute net savings after fees.
- Human advisors. Complex cases (self-employed, NRI, under-construction) get an expert, not a chatbot.
Why Choose Central bank of India Home Loan
Central Bank of India is a PSU lender with 4,500+ branches since 1911. Variants include Cent Home Loan and Cent Home Double Plus, designed for salaried buyers and government employees. Key features include Double Plus built-in top-up, co-applicant income clubbing and government-employee concessions. Central Bank of India suits borrowers looking for PSU with integrated top-up Double Plus.
- Lower rates on average. Get access to better-than-advertised rates—typically lower depending on your profile and eligibility.
- Balance transfer made simple. One form, we fetch offers from 70+ lenders and compute net savings after fees.
- Human advisors. Complex cases (self-employed, NRI, under-construction) get an expert, not a chatbot.
Bank of Maharashtra Reviews
4.3 / 5(10 reviews)
What people like- •Interest starts at 7.1% — that's cheaper than Central bank of India's 7.2%
- •You pay only ₹782/lakh per month — ₹6 less than Central bank of India
- •Covers up to 90% of the property cost so you don't need a large upfront amount
- •You can borrow up to ₹30 Cr — suitable for high-value properties
- •Processing fee: 0.25% + GST
- •Simple paperwork — fewer documents needed compared to most banks
What people don't like- •Self-employed borrowers may face a longer approval process
- •Fewer branches in smaller cities and towns
- •Prepayment charges can apply if you have a fixed interest rate
- •High-value loans require detailed income proof
Reviews summarised from buyer forums and listings; personal site visit recommended.
Central bank of India Reviews
3.8 / 5(10 reviews)
What people like- •Covers up to 90% of the property cost so you don't need a large upfront amount
- •You can borrow up to ₹30 Cr — suitable for high-value properties
- •Processing fee: 0.5% + GST ; Max upto Rs.23,600
- •Simple paperwork — fewer documents needed compared to most banks
- •Repay over up to 30 years to keep your monthly outgo low
- •Can transfer your existing home loan here to save on interest
What people don't like- •Interest rate of 7.2% is slightly higher than Bank of Maharashtra's 7.1%
- •Monthly EMI of ₹788/lakh is ₹6 more than Bank of Maharashtra
- •Self-employed borrowers may face a longer approval process
- •Fewer branches in smaller cities and towns
Reviews summarised from buyer forums and listings; personal site visit recommended.
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