Dear Guest,

I thank you for sparing your time for visiting our Bank’s website.

Mahabank, started 77 years ago by great visionaries to serve the small in Trade & Industry and the common man who were not getting banking facilities at that time, has been keeping the common man at the centre in its policies, practices and strategies from the beginning.

Bank has crossed many milestones in its journey of serving the nation, commenced in 1936.

Bank is one of the few public sector banks who adopted latest technology more than two decades ago, to bring the benefits of IT to its customers.

Bank has its presence in 26 states and 2 Union Territories across India.

All the 1577 branches are under CBS, providing "any where any time banking".

The Bank’s network of 501 ATMs have highest average daily hits proving that they are placed at most convenient locations of the customers.

Bank secured ISO 27001:2005 certificate from Det Norske Veritas (DNV), an international certification agency, for its Information Technology division which establishes that it has complied with the international standards for security capabilities relating to processes, policies, practices and infrastructure.

Bank has wide range of IT Enabled services such as "MahaConnect" (Internet Banking Service), Mobile Banking, Phone Banking and SMS Banking facility with online facility for funds transfer to give comfort of banking to its customers.

Nationalized in 1969 itself, Maha Bank continued to spread its network and services in rural and semi urban areas also, consequent of which, it has 54% of branches in rural and semi urban area even today.

New initiatives for rural development are very common in Bank of Maharashtra.

Bank of Maharashtra made its tryst with Financial Inclusion way back in 1989 when the Gramin Mahila Va Balak Vikas Mandal, an NGO was established primarily to promote empowerment of the economically weak and women.

National Bank for Agriculture and Rural Development (NABARD) awarded FIRST prize to Bank of Maharashtra for best performance in the category of commercial banks under SHG Bank Linkage Programme during 2010-11 in Maharashtra state. Today there are more than 85,000 Self Help Groups promoted by the Bank. The Rural Development Centers and 7 Mahabank Self Employment Training Institutes are working for Mahabank Agricultural Research and Rural Development Foundation, a Trust established by the Bank for undertaking rural development activities.

100 Mahabank Gram Seva Kendras (MGSKs) in remote villages are latest unique initiative of the Bank under Financial Inclusion Plan. The Bank’s permanent staff member of the nearest parent branch, equipped with a laptop will be available in these MGSKs to render all types of banking services on specified days every week, so that the villagers can avail the same at their doorsteps.

Bank has completed coverage of all allotted 1215 villages under Financial Inclusion Plan well before the expected time frame.

I may share with you that our more than 1.30 crore customers are the basic strength to us who are patronizing us with their loyalty and patronage. I thank them all and remain grateful to them for ever.

With about 14000 dedicated work force along with state of the art technology in place coupled with wide range of products and services to fulfill banking needs of all segments of society, Maha Bank will continue to bring delight in banking with it always.

I invite you to enjoy banking with us.

With best wishes and greetings.

Yours faithfully,

Narendra Singh
Chairman and Managing Director
01-02-2012

Last upadate date - 3-02-2012