THE MAHARASHTRA MANTRALAYA & ALLIED OFFICES CO-OPERATIVE BANK LTD.

Long Term Loan

MACO Bank offers Long Term loans to member.

Loan amount eligible :

  • Maximum of Rs 18,00,000

Guarantors :

  • 2 Members for personal guarantors

Repayment Period :

  • Not more than 180 EMI's

Interest :

  • EMI (Equated) Method

Share Linkage :

  • 5% of the loan amount.

Special Features :

  • Interest calculation EMI Method
  • No prepayment/commitment charge levied.