Operates as an international commercial bank
Bank of Maharashtra provides banking products and services. Its offerings include saving, current and term deposits, educations loans, loans for corporate, agriculturists, entrepreneurs, exporters, individuals and professionals and personal loans, Maha gold loan scheme, Mahabank consumer loan scheme and scheme for solar lighting systems, DEMAT services, ATM services, distribution of mutual funds, door step banking, credit cards, banc assurance, western union money transfer facility, e-payment of taxes, payment of utility bills and non pension scheme. The company operates through four segments: Treasury, Corporate/Whole Sale Banking, Retail Banking and Other Banking Operations. The Treasury segment includes investment, balances with banks outside India, interest accrued on investments and related income there from. The Corporate/Whole Sale Banking segment includes all advances to trusts, partnership firms, companies and statutory bodies. The Retail Banking segment includes exposure to the individual person or to a small business. The Other Banking Operations segment includes all other banking transactions, which are not covered under the other segments. Bank of Maharashtra was founded on September 16, 1935 and is headquartered in Pune, India.