The force behind many of Maharashtra’s Industrial houses. The bank funded them as small units which have today grown into multi-million dollar businesses. Bank of Maharashtra started its journey on 16th Sept 1935 with a capital of Rs 10.00 Lakh. The bank started real time business in Feb 1936.
Post 1969 this bank too came under the government’s fold to become a nationalized bank. What started as a small idea has today transformed itself into 1421 branches with the largest network of branches owned by any Public Sector bank in Maharashtra.
Its circular logo has been designed to symbolize, rising to greater heights, Strength, services and Mobilization of money, modernization of methods and motivation of employees.
The bank has a subsidiary called M-SETI (Mahabank Self-Employment Training Institute)-an institute established under the aegis of Mahabank Agricultural Research & Rural Development Fund (MARDEF) The institute trains unemployed youth from many rural districts of Maharashtra.
The bank has a wide range of credit services including Educational loans, Personal Loan , Housing Loan and even loans for Solar home systems.
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