Bank of Maharashtra Stock Company Profile

Description

Bank of Maharashtra provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking segments. It accepts savings, current, and term deposits, as well as provides capital gain account schemes. The company also provides term loans, overdrafts, letters of credit, guarantees, and other products, as well as loans for exporters, agriculturists, corporates, entrepreneurs, professionals, and individuals; housing, skill, educational, vehicle, gold, top up, personal, and consumer loans, as well as micro, small, and medium enterprise loans. In addition, it offers mobile-point of sale, ATM, DEMAT, e-SBTR, internet and mobile banking, payroll, doorstep banking services, credit and debit cards, bancassurance products, mutual funds, and pension schemes. Further, the company provides non-resident ordinary and external, foreign currency non-resident, and resident foreign currency accounts, as well as inward and outward remittance services; and documentary credits and collections, import and export financing, guarantees, travel related forex, non-resident Indians, and risk management services, as well as collects direct taxes. As of March 31, 2022, it operated 2,072 branches and 2123 ATMs. Bank of Maharashtra was incorporated in 1935 and is headquartered in Pune, India.