Loan Scheme for Exporters
 
Annexure - A

Objective of the Scheme :
To provide better terms of credit including rates of interest to all eligible exporters, including those under small and medium sector, compared to those extended to other exporters by the Bank.

Eligibility:
All exporters, including those under small and medium sectors, would be covered under the scheme provided:

  1. Their accounts are classified as "STANDARD" continuously for 3 immediately preceding years.
  2. Their names do not figure in RBI's defaulter list / caution list and they have not been blacklisted by ECGC.
  3. There are no overdue in pre-shipment export credit.
  4. They have not run up losses continuously for 3 immediately preceding years.
  5. They do not have overdue export bills in excess of 10% of the current year's turnover.

Benefits to Exporters :

  1. Limits will be sanctioned in-principle for 3 years, with a provision for renewal, subject to satisfactory compliance with the terms and conditions of sanction stipulated by the Bank.
  2. A standby limit to the extent of 20% of the assessed limit will be made available to the Gold Card holders for meeting urgent credit needs for executing sudden orders.
  3. Requests for Packing Credit in Foreign Currency (PCFC) from Gold Card holders will be given priority.
  4. PCFC will be extended at a rate not exceeding LIBOR + 300 basis points.
  5. In case of Rupee Packing Credit / Post Shipment credit, applicable Rate of Interest is Base Rate of the Bank, irrespective of credit rating.
  6. In case of unanticipated export orders, norms for inventory will be relaxed taking into account the size and nature of export order.
  7. Service charges stipulated for Gold Card holders will be 25% lower than the charges recovered from other exporters.

Tenure :
The Gold Card will be issued for a period of 3 years and will be automatically renewed for a further period of 3 years provided no adverse features, irregularities are noticed in the account.
In case of any misuse of the card or observance of any violation of terms and conditions, the Bank shall have the right to recall the Card any time.
Time frame for disposal of applications received under the scheme :

Sanction of fresh / enhanced credit limit 25 Days
Renewal of existing credit limits 15 Days
Sanction of ad-hoc credit facilities 7 Days

Documents :
Requests for credit under Gold Card Scheme is to be made as per the simplified loan application form for export credit (please see Annexure B in Downloads) along with Annexure I to IV as applicable, together with further details if necessary, for assessment of credit limit under Gold Card Scheme.

 
Is your Bank Account KYC compliant?
Locate Branch/ATM
Bank's Willful Defaulters
All patrons are requested to note that the 2nd and 4th Saturday of every month will be Public Holidays and other Saturdays of the month will be full working days for Banks w.e.f. 01.09.2015. The patrons shall get exact weekly holiday schedule from respective Branches. Please refer Notification in Public Information.


List of ATMs in Six Metro Cities (New Delhi, Mumbai, Kolkata, Bengluru, Chennai, Hyderabad)

RBI Monetary Museum - Reserve Bank of India

General Information about the Museum

Central Processing Cells (CPCs) -
Bank has established Central Processing Cells (CPCs) for centralized processing and sanctioning of Commercial Credit advances including Corporate, MSME and other loan from loan quantum above Rs. 10.00 lacs in general and agricultural term loans more than Rs. 5.00 lacs. & for all Retail Credit.

 
e-SBTR -
Pay Stamp Duty & Registration Fee using Bank of Maharashtra Internet Banking

 
 
Inflation Indexed National Saving Securities - Cumulative

1 - Product details
2 - Application form
3 - FAQs-IINSS-C
 
Public Notice for Current and Saving Inoperative Accounts Holders with Zero Balance in General Category i.e. excluding the accounts opened for Direct Benefit Transfer / Electronic Benefit Transfer / Scholarships for students

Annual Maintenance Fee for ATM cum Debit Card will be charged Rs. 100 plus Service Tax from second year onwards (w.e.f. 01-03-2014)
 
CUSTOMER EDUCATION : Security Features of Indian Banknotes
 
A Little extra care makes your online transactions more secure

1- English Version
 
Revised Service Charges w.e.f. 01/09/2013
 
New Recurring Deposit Schemes : Maha Millionaire, Maha Lakhpati & Mahasanchay Systematic Deposit Plan
 
Mahabank gold loan scheme - Loan Against gold ornaments
 
MAHASUPER HOUSING LOAN
 
MAHASUPER CAR LOAN
 
Account Portability : Transfer of account from one branch to another branch in the Bank
 
Bank's Codes of Commitments to Customers
 
New Recurring Deposit Schemes : Maha Millionaire, Maha Lakhpati & Mahasanchay Systematic Deposit Plan
 
Change in Interest Payment Date on Savings Bank Deposits
 
Service Charges
 
Mahabank Gold Loan Scheme - Loan against Gold Ornaments
 
Top Up Loan for Home Loan Borrowers to meet various needs
 
Interest on domestic term deposits
 
List of branches authorized for opening of PPF Account

Discontinuation of Maha Swarna RD Yojana
 
List of Specialized Branch
State wise Holiday
Visitor Counter
Stats