Bank of Maharashtra
Bank of Maharashtra, one of the leading banks in India, has its headquarter located in Pune. Registered on September 16, 1935 by Prof. V. G. Kale and late Mr. D. K. Sathe, Bank of Maharashtra started its operation on February 8, 1936 with a mere authorized capital of ` 10 lakhs and issued capital of ` 5 lakhs. The bank was established with a goal to meet the banking needs of the common people. Bank of Maharashtra did reasonably well in quick period of time. The deposits crossed ` 1-crore mark within the year 1945. The bank also got listed on the Bombay Stock Exchange in 1958. Currently, Bank of Maharashtra has got an extensive network of 1444 branches with 345 ATMs, and 902 CBS branches. In 2009, it had a business turnover of ` 90,000 crore.
Bank of Maharashtra offers a range of financial products and services to its customers. Following are the products and services of Bank of Maharashtra.
Bank of Maharashtra registered a net profit of ` 375.17 crore during the financial year ended on March 31, 2009, comparing to a net profit of ` 328.39 crore in 2007-08. It also had a return on assets of 0.72% during 2008-09.
The Landmarks
Bank of Maharashtra
Head Office
‘Lokmangal’ 1501, Shivajinagar
Pune – 411 005, INDIA
Ph: +91-20-2553-6533
Fax: +91-20-2553-3246
Official Web: www.bankofmaharashtra.in
Last Updated on 4/20/2015
Products & Services
Bank of Maharashtra offers a range of financial products and services to its customers. Following are the products and services of Bank of Maharashtra.
- Savings Deposits
- Mahabank – Yuva Yojana
- Mahabank Lok Bachat Yojana
- Mahabank – Swasthya Yojana
- NRI Ordinary Account
- NRI External Account
- Current Deposits
- Mahabank – Pearl & Sapphire
- Term Deposits
- Mahabank – Sulabh Jama Yojana
- Monthly Interest Deposit Scheme
- Mahabank – Sheetal Jama Yojana
- Mahabank – Trust Deposit Scheme
- FCNR Account
- Cumulative Deposit Scheme (CDR)
- Quarterly Interest Deposit Scheme
- Mixie Deposit Scheme
- Mahasaraswati Scheme
Bank of Maharashtra Loan
- Educational Loans
- Loans for Corporates
- Loans for Exporters
- Loans for Professionals
- Loans for Agriculturists
- Loans for Individuals
- Housing Finance Scheme
- Mahabank Platinum Housing Loans: Festive Offer
- Mahabank Adhar Scheme
- Mahabank Gold Card Scheme for Exporters
- Mahabank Salary Gain Scheme
- Mahabank Vehicle Loan Scheme
- Mahabank Renewable Energy Equipments
- Mahabank Realty Finance
- Personal Loans
- Mahabank Solar Home Systems
- Mahabank Consumer Loan Scheme
Other Services
- ATM Services
- Demat Services
- Bancassurance
- Credit Card
- Mahabill Pay
- Mahabank Insta Remit Scheme
- NEFT
- Online Trading
Financial Performance of Maharashtra Bank
Bank of Maharashtra registered a net profit of ` 375.17 crore during the financial year ended on March 31, 2009, comparing to a net profit of ` 328.39 crore in 2007-08. It also had a return on assets of 0.72% during 2008-09.
The Landmarks
- Bank of Maharashtra was nationalized in 1963.
- It established its first Regional Rural Bank (RRB) – ‘Marathwada Gramin Bank’ in 1978.
- The business crossed ` 1,000-crore mark in 1979.
- 500th branch was set up in 1980.
- ‘Aurangabad Jalna Gramin Bank’, the second RRB came up in 1981.
- ‘Thane Gramin Bank’, the third RRB came up in 1986.
- 1000th branch was inaugurated at Indira Vasahat in 1987.
- Initial Public Offer (IPO) was released in 2004.
- Launched ATM-cum-International Debit Card in 2006. The first Core Banking Branch (CBS) also rolled out in the same year.
Bank of Maharashtra Address and Contact Details
Bank of Maharashtra
Head Office
‘Lokmangal’ 1501, Shivajinagar
Pune – 411 005, INDIA
Ph: +91-20-2553-6533
Fax: +91-20-2553-3246
Official Web: www.bankofmaharashtra.in
Last Updated on 4/20/2015
List of Bank Branches in India
- abhyudaya cooperative bank limited
- abu dhabi commercial bank
- ahmedabad mercantile cooperative bank
- airtel payments bank limited
- akola janata commercial cooperative bank
- allahabad bank
- almora urban cooperative bank limited
- andhra bank
- andhra pragathi grameena bank
- apna sahakari bank limited
- au small finance bank limited
- australia and new zealand banking group limited
- axis bank
- b n p paribas
- bandhan bank limited
- bank of america
- bank of baharain and kuwait bsc
- bank of baroda
- bank of ceylon
- bank of india
- bank of maharashtra
- bank of tokyo mitsubishi limited
- barclays bank
- bassein catholic cooperative bank limited
- bharat cooperative bank mumbai limited
- canara bank
- capital small finance bank limited
- catholic syrian bank limited
- central bank of india
- chinatrust commercial bank limited
- citi bank
- citizen credit cooperative bank limited
- city union bank limited
- corporation bank
- credit agricole corporate and investment bank caly
- credit suisee ag
- dcb bank limited
- dena bank
- deogiri nagari sahakari bank ltd. aurangabad
- deposit insurance and credit guarantee corporation
- deustche bank
- development bank of singapore
- dhanalakshmi bank
- doha bank
- doha bank qsc
- dombivli nagari sahakari bank limited
- equitas small finance bank limited
- esaf small finance bank limited
- export import bank of india
- federal bank
- fincare small finance bank ltd
- fino payments bank
- firstrand bank limited
- g p parsik bank
- haryana state cooperative bank
- hdfc bank
- himachal pradesh state cooperative bank ltd
- hsbc bank
- icici bank limited
- idbi bank
- idfc bank limited
- idukki district co operative bank ltd
- indian bank
- indian overseas bank
- indusind bank
- industrial and commercial bank of china limited
- industrial bank of korea
- jalgaon janata sahakari bank limited
- jammu and kashmir bank limited
- janakalyan sahakari bank limited
- janaseva sahakari bank borivli limited
- janaseva sahakari bank limited
- janata sahakari bank limited
- jp morgan bank
- kallappanna awade ichalkaranji janata sahakari ban
- kalupur commercial cooperative bank
- kalyan janata sahakari bank
- karnataka bank limited
- karnataka vikas grameena bank
- karur vysya bank
- keb hana bank
- kerala gramin bank
- kotak mahindra bank limited
- kozhikode district cooperatiave bank ltd
- laxmi vilas bank
- mahanagar cooperative bank
- maharashtra gramin bank
- maharashtra state cooperative bank
- mashreqbank psc
- mizuho bank ltd
- nagar urban co operative bank
- nagpur nagarik sahakari bank limited
- national australia bank limited
- national bank of abu dhabi pjsc
- new india cooperative bank limited
- nkgsb cooperative bank limited
- nutan nagarik sahakari bank limited
- oriental bank of commerce
- paytm payments bank ltd
- pragathi krishna gramin bank
- prathama bank
- prime cooperative bank limited
- pt bank maybank indonesia tbk
- punjab and maharshtra cooperative bank
- punjab and sind bank
- punjab national bank
- rabobank international
- rajgurunagar sahakari bank limited
- rajkot nagrik sahakari bank limited
- rbl bank limited
- reserve bank of india pad
- sahebrao deshmukh cooperative bank limited
- samarth sahakari bank ltd
- saraswat cooperative bank limited
- sber bank
- sbm bank mauritius limited
- shikshak sahakari bank limited
- shinhan bank
- shivalik mercantile co operative bank ltd
- shri chhatrapati rajashri shahu urban cooperative
- societe generale
- solapur janata sahakari bank limited
- south indian bank
- standard chartered bank
- state bank of india
- sumitomo mitsui banking corporation
- surat national cooperative bank limited
- suryoday small finance bank limited
- sutex cooperative bank limited
- syndicate bank
- tamilnad mercantile bank limited
- telangana state coop apex bank
- textile traders cooperative bank limited
- the a.p. mahesh cooperative urban bank limited
- the akola district central cooperative bank
- the andhra pradesh state cooperative bank limited
- the bank of nova scotia
- the baramati sahakari bank ltd
- the cosmos co operative bank limited
- the delhi state cooperative bank limited
- the gadchiroli district central cooperative bank l
- the greater bombay cooperative bank limited
- the gujarat state cooperative bank limited
- the hasti coop bank ltd
- the jalgaon peopels cooperative bank limited
- the kangra central cooperative bank limited
- the kangra cooperative bank limited
- the karad urban cooperative bank limited
- the karanataka state cooperative apex bank limited
- the kurmanchal nagar sahakari bank limited
- the mehsana urban cooperative bank
- the mumbai district central cooperative bank limit
- the municipal cooperative bank limited
- the nainital bank limited
- the nasik merchants cooperative bank limited
- the navnirman cooperative bank limited
- the pandharpur urban co op. bank ltd. pandharpur
- the rajasthan state cooperative bank limited
- the royal bank of scotland n v
- the seva vikas cooperative bank limited
- the shamrao vithal cooperative bank
- the sindhudurg district central coop bank ltd
- the surat district cooperative bank limited
- the surath peoples cooperative bank limited
- the tamil nadu state apex cooperative bank
- the thane bharat sahakari bank limited
- the thane district central cooperative bank limite
- the varachha cooperative bank limited
- the vishweshwar sahakari bank limited
- the west bengal state cooperative bank
- the zoroastrian cooperative bank limited
- tjsb sahakari bank limited
- tumkur grain merchants cooperative bank limited
- uco bank
- ujjivan small finance bank limited
- union bank of india
- united bank of india
- united overseas bank limited
- utkarsh small finance bank
- vasai vikas sahakari bank limited
- vijaya bank
- westpac banking corporation
- woori bank
- yes bank
- zila sahakri bank limited ghaziabad
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