Welcome to Bank of Maharashtra
Empowering every Indian with modern digital banking solutions — from savings to investments, all in one secure place.
About Bank of Maharashtra
Bank of Maharashtra is a public sector bank that offers a wide range of banking products and capital market services. Established in 1935, the bank is headquartered in Pune, India.
Deposit Account
A savings account with Bank of Maharashtra can be opened either individually or jointly. The bank offers seven different types of savings accounts to suit various customer needs.
Customers holding current accounts with the bank can enjoy free services such as SMS alerts and NEFT/RTGS transactions.
Loan
The Bank of Maharashtra offers various home loan schemes for individuals looking to purchase or construct a house. Under the PMAY scheme, the bank provides housing loans of up to ₹30 lakh to eligible applicants.
The loan amount offered is up to ₹1.5 lakh with a maximum tenure of 36 months. Existing housing loan borrowers and corporate salary account holders with a minimum one-year relationship with the bank are eligible for this scheme.
Customers can avail a minimum loan of ₹2 lakh with a tenure of up to 7 years, or until the borrower reaches 75 years of age, whichever comes earlier.
Under the PMMY scheme, there are three categories—Shishu, Kishore, and Tarun—through which customers can avail loans of up to ₹10 lakh.
The loan amount offered is up to ₹10 lakh for studies in India and up to ₹20 lakh for studies abroad. The repayment period can extend up to 15 years.
The loan amount offered is up to ₹50 lakh with a maximum tenure of 12 months. The repayment can also be structured as a bullet payment.
Investment
Bank of Maharashtra offers a wide range of fixed deposit schemes designed to meet the diverse investment needs of its customers.
A recurring deposit account can be opened with a minimum monthly installment of ₹50, with tenures ranging from 6 months to 120 months.
Cards
Bank of Maharashtra offers a variety of credit cards tailored to meet the diverse needs of its customers. These cards can be used for everything from shopping and dining to travel, holidays, and fuel purchases.
Bank of Maharashtra offers two types of debit cards— the Mahabank Visa Debit Card and the International Debit Card—providing customers with convenient access to their funds.
Banking
Bank of Maharashtra account holders can check their balance through multiple channels, including net banking, mobile banking, ATM visits, customer care calls, and more.
The Bank of Maharashtra’s mobile banking apps—MahaMobile and MahaSecure—offer customers convenient and secure access to a wide range of banking services.
With Bank of Maharashtra’s net banking facility, customers can pay bills, transfer funds, issue demand drafts, check account balances, and access many other services on the go.
Customers with queries can contact Bank of Maharashtra’s customer care team through the bank’s toll-free numbers, accessible from any mobile or landline across India.