# Bank of Maharashtra business loans

Source: https://www.recurclub.com/lenders/bank-of-maharashtra
Last updated: 2026-10-20

## Eligibility

### Screening gates and observed behaviour

- Borrower: age ≥2y · CIBIL ≥650 · avoid: Banking, Explosives, Arms and Ammunitions, Financial Services, Gambling and Betting, Gems and Jewellery, Insurance, Lottery Business, Mining Companies, Mining Equipment, Mining Tech, Metals and Mining, Oil and Gas, Others, Real Estate (asset Light), Real Estate (non asset Light), Tobacco Products · Haryana · Private Limited, Public, Sole proprietorship, Limited Liability Partner · sector-agnostic (42 sectors — full list in data JSON)
- Financials: EBITDA ≥₹10cr · runway ≥12mo · minimum annualrevenuegrowthrate: 10 · rev ≥₹50cr · TOL/adjusted tangible net worth ≤4 · debt/EBITDA ≤3 · debt/networth ≤3 · DSCR ≥1
- Deal: no PEP
- Security: 1st/pari-passu charge on current assets · FD margin 50–75%

## Common questions

### What are Bank of Maharashtra's eligibility criteria?

The first screen is the bureau: a borrower CIBIL of at least 650. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page.

### How do I apply to Bank of Maharashtra?

You do not apply to Bank of Maharashtra directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against Bank of Maharashtra's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached.

### Is Bank of Maharashtra the right lender for my business?

It depends on which product you need, your sector and how your last two years of financials read. The credit box on this page is what Bank of Maharashtra screens on; running your own numbers through Recur Market shows whether you clear it, and which other lenders you clear at the same time.

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Lender intelligence dossier - screening gates, per-product terms and sanction observations, derived from lender policy documents and observed transactions. Figures are observed from a sample and are not an offer, a commitment, or a statement of Bank of Maharashtra's current policy.