Bank of Maharashtra is one of the major public sector banks in India, founded by V.G Kale and D.K Sathe and was registered as a banking company on 16th September 1935 at Pune with a capital of 1 million and began business on 8th February 1936.
In IFS Code
(a) First four characters identify the bank name i.e. MAHB
(b) The fifth character is always 0
(c) And the last character represents the branch address i.e. 001188
[The IFS code used in above example is of Janakpuri, New Delhi i.e., “MAHB0001188”].
Vision
“To be a vibrant, forward looking, techno-savvy, customer centric bank serving diverse sections of the society, enhancing shareholders’ and employees’ value while moving towards global presence”.IFSC Code of Bank of Maharashtra
IFSC Code is 11-digit code assigned by the Reserve Bank of India (RBI) to every bank as a part of NEFT / RTGS.In IFS Code
(a) First four characters identify the bank name i.e. MAHB
(b) The fifth character is always 0
(c) And the last character represents the branch address i.e. 001188
[The IFS code used in above example is of Janakpuri, New Delhi i.e., “MAHB0001188”].
Products and Services Offered by Bank of Maharashtra
Bank of Maharashtra offers a wide range of products and services which are as follows:Savings Deposits
- Mahabank – Yuva Yojana
- Mahabank Lok Bachat Yojana
- Mahabank – Swasthya Yojana
- NRI Ordinary Account
- NRI External Account
- Current Deposits
- Mahabank – Pearl and 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 Loan
- Loan of Corporate
- Loan of Exporters
- Loans of Professionals
- Loans for Agriculturist
- Loan for Individuals
- Housing Finance Scheme
- Mahabank Platinum Housing Loans: Festive Offers
- Mahabank Aadhaar 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
- Banc assurance
- Credit Card
- Mahabill Pay
- Mahabank Insta Remit Scheme
- NEFT
- Online Trading
