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Bank of Maharashtra (MAHABANK)
What MAHABANK does

Bank of Maharashtra

What company does?Provides banking and financial services
Established1935
Entity typeGovernment
HeadquartersIndia
SegmentB2C
Bank of Maharashtra is a share market listed company in the Public Sector Bank industry . It got listed on NSE on 12-APR-2004 under the trading symbol MAHABANK. On BSE it is listed under trading symbol MAHABANK. The company operates in Banking , Financial Services , Loans and Investments categories.

Company overview

Bank of Maharashtra is a major public sector bank in India, providing a wide range of banking products and financial services to its customers. Established in 1935, the bank has been serving the nation for over eight decades and has continuously evolved to meet the diverse needs of individual customers, businesses, and industries.

With a vast network of branches across the country, Bank of Maharashtra offers various retail banking services such as savings accounts, current accounts, fixed deposits, loans (including home loans, personal loans, car loans), credit cards, debit cards, internet banking facilities and more.

The bank also caters to corporate clients by offering commercial lending solutions like working capital finance; term loan facility; project financing; export-import finance; trade finance etc., thereby supporting industrial growth and development. In terms of technological innovation, Bank of Maharashtra has embraced digital transformation by introducing online banking services that enable customers to carry out transactions conveniently from anywhere at any time. The introduction of mobile banking applications further enhances customer experience through easy access to their account information and seamless fund transfers. One factor that sets Bank of Maharashtra apart from its competitors is its commitment towards financial inclusion. The bank actively participates in government initiatives aimed at expanding access to financial services among underprivileged sections of society including rural communities. This reflects the company's dedication towards social responsibility while contributing positively towards national developmental goals. Furthermore, the strategic partnerships with other banks or non-banking institutions have strengthened Bank of Maharashtra’s product offerings and expanded its reach within India's dynamic financial landscape. In conclusion, Bank of Maharashtra remains an influential player in the Indian banking industry due to its extensive range of products & services tailored for different segments coupled with innovative technology integration and unwavering commitment toward inclusive growth.
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