Know your Bank

Highlights

• Autonomy secured in the year 1998 continues.
• Total business more than Rs. 91000.00 crore of which total deposits more than Rs. 54400 crore and Gross advances more than Rs36600 crore as of 30.9.2009
• Branch network comprises of 1433 branches spread over 22 states and 2 union territories.
• CBS Branches
  Bank has migrated 831 branches under CBS as against 773 branches as on 31.03.2009 and 798 branches as on 30.06.2009
• ATM Network
  Bank has 345 ATMs. Bank has installed 11 Biometric ATMs.
  Card base crosses 10 lakh
• Mahabank Insta International Visa Debit Card
  Mahabank Intenational Debit Card is issued in collaboration with VISA
• ATM Card along with PIN is given to the customer as “Welcome Kit” at the time of opening of the current and SB account in all CBS branches. The customer can start using ATM Insta card after 36 hours from date of issue. ( 36000 Insta Cards are issued since July 09)
• Utility Bill Payment through Internet Banking Facility.
  The customers can do on line shopping / e-commerce and utility bill payment transaction through Internet Banking facility.( 37000 Customer are using Internet Banking facility)
• “Maha e-Statement”
  Customers can get their statement of account on registering their e-mail id and desired frequency of statement with the Bank.
• Straight Through Processing (STP) STP of NEFT/ RTGS transactions has been implemented for instant processing of inward and outward remittances through RTGS and NEFT. (800 branches are offering RTGS/NEFT facility)
  
  Specialised branches:
  • S M E branches - 14
  • Agro High-Tech branches - 4
  • Industrial Finance branches - 2
  • Overseas branches - 2
  • Treasury & international Banking - 1
  • Pension Branch -1
  • Govt Business Branch - 1
• Bank has 28 FEX centers to handle FEX business.
• Toll Free telephones at 11 major Metro centers.
• The bank is shouldering the responsibility of lead bank in six districts viz. Satara, Pune, Thane, Nasik, Aurangabad and Jalna. Our bank is also convening State Level Bankers’ Committee and various development issues are taken up to implement the state credit plan and achieving the targets under various Government sponsored schemes.
• The Bank has set up a Trust viz. Mahabank Agricultural Research and Rural Development Foundation (MARDEF), which is engaged in providing Credit Plus services to the farmers in specific specialised fields like commercial dairy, Emu farming, sericulture, organic farming, etc.
• The Rural Development Centers at Bhigwan and Hadapsar in Pune District undertake various lab to land programs on improved technologies. A full fledged soil-testing lab is being set up for the benefit of the farmers to go in for high-tech agriculture.
• To provide activity specific training to educated unemployed youth, Bank has set up five Mahabank Self Employment Training Institutes (MSETI) at Pune, Aurangabad, Nagpur, Nasik & Amravati for providing training to rural youth for enabling them to acquire skills for self-employment.
• Bank has formed a Trust by the name Gramin Mahila va Balak Vikas Mandal (GMBVM), which is primarily engaged in formation, nurturing, training and linkage of self-help groups to various banks, GMBVM has its area of operation in nine districts and has been recognised by Government of Maharashtra as Mother NGO. It also markets various products made by SHGs through its two retail outlets by name “SAVITRI” in Pune district. The GMBVM is now in the process of scaling up viable SHGs to SMEs.
• The Bank has floated a subsidiary company- The Maharashtra Executor & Trustee Company Ltd. (METCO) which undertakes Trustee Business, Property Management and Tax Consultancy as well.
• Bank is the Convenor for Town Official Language Implementation Committee (TOLIC) at Mumbai, Pune & Solapur. The Bank secured the First Prize for better implementation of Hindi in both ‘A’ and ‘B’ Region and the Fourth Prize for implementation of Hindi in ‘C’’  Region under Reserve Bank of India Rajbhasha Shield Scheme for the year 2007-2008.
The Bank also secured the Second Prize under R.B.I. Bi-lingual House Magazine Competition for the year 20