Mumbai, Aug 5 (PTI) State-run Bank of Maharashtra on Thursday announced various offers for its retail customer, including waiver of processing fee for gold, housing, and car loans till September 30, 2021.

The lender is offering housing loans and car loans at an interest rate starting from 6.90 per cent and 7.30 per cent respectively, a release said.

Also Read | Tecno Pova 2 Now Available for Online Sale via Amazon India, Check Offers Here.

The retail loan products are backed by several features like two free EMIs on regular repayment in housing loans, loan facility up to 90 per cent in car and housing loans, no prepayment or pre-closure or part payment charges, it said.

The lender said it has revamped its gold loan scheme and is offering loans up to Rs 20 lakh at an interest rate of 7.10 per cent. There is zero processing fee for gold loans up to Rs 1 lakh.

Also Read | Realme GT Flash Specifications Tipped Online: Report.

The bank's executive director Hemant Tamta said with the 'Retail Bonanza-Monsoon Dhamaka' offer, the customers will be benefit from lower rates and waiver of processing fee offer.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)