Bank of Maharashtra provides various banking products and services. It accepts savings, current, term, and demand deposits, as well as provides capital gain account schemes. The company also offers housing loans, vehicle and car loans, top up loans, education loans, gold loans, consumer and personal loans, salary gain loans, green financing schemes, rooftop solar panel loans, and adhaar loans, as well as loans against properties; working capital, term, project, infrastructure, export, and bill f...
Bank of Maharashtra provides various banking products and services. It accepts savings, current, term, and demand deposits, as well as provides capital gain account schemes. The company also offers housing loans, vehicle and car loans, top up loans, education loans, gold loans, consumer and personal loans, salary gain loans, green financing schemes, rooftop solar panel loans, and adhaar loans, as well as loans against properties; working capital, term, project, infrastructure, export, and bill financing services; lines of credit; commercial lease rental services; accounts takeover services; non-fund based services; micro, small, and medium enterprise loans; and agriculture loans and other services.
In addition, it provides digital banking and lending services and government schemes; debit and credit cards; documentary credits and collections, import and export financing, guarantees, travel related forex, non-resident Indian services, remittance schemes, and risk management services; and remittance facilities, as well as hedges exchange risk.
Business Segments
The company operates through Treasury, Corporate/Wholesale Banking, and Retail Banking segments.
Treasury
This segment is responsible for managing the company's liquidity and investment portfolio. This segment provides services, such as investment in government and corporate securities; management of foreign exchange and money market operations; handling of inter-bank lending and borrowing; and managing the bank's own funds and ensuring regulatory compliance.
Corporate/Wholesale Banking
This segment caters to the financial needs of large corporate clients and provides a range of services, including loans, credit facilities, and other financial products. The company's financial statements provide detailed information about the performance of the Corporate/Wholesale Banking segment, including the total advances, interest income, and other financial metrics.
Retail Banking
This segment caters to individual customers and small businesses, providing a range of banking services, including savings accounts, personal loans, and other retail banking products.
Products and Services
The company offers a wide range of products and services to its customers.
Geographical Markets Served
The company operates primarily within India.
History
Bank of Maharashtra was incorporated in 1935.