Home › Loan Against Property › Axis Bank vs Bank of Maharashtra
Axis Bank vs Bank of Maharashtra Loan Against Property
Axis Bank advertises the lower starting rate (9.15% vs 9.95%). On ₹50 lakh over 15 years that is about ₹4,35,053 less interest, or ₹2,417 less per month, at the starting rates.
| Axis Bank | Bank of Maharashtra | |
|---|---|---|
| Starting interest rate | 9.15% | 9.95% |
| EMI for ₹50 lakh, 15 years | ₹51,160 | ₹53,577 |
| Total interest | ₹42,08,882 | ₹46,43,935 |
| Processing fee | Not stated | Not stated |
| Prepayment | Not stated | Not stated |
| Maximum tenure | - | - |
Source: Axis Bank official page, checked 2 November 2026.
Source: Bank of Maharashtra official page, checked 2 November 2026.
These figures use the bank's advertised starting rate. Most borrowers are offered a higher rate depending on credit score, income and loan size, so treat the result as a best case.
Frequently asked questions
Which is cheaper, Axis Bank or Bank of Maharashtra loan against property?
Axis Bank advertises the lower starting rate (9.15% vs 9.95%). On ₹50 lakh over 15 years that is about ₹4,35,053 less interest, or ₹2,417 less per month, at the starting rates. Your actual rate may differ from the starting rate.