Eligibility

Any individual, proprietorship or partnership firm or a legal person i.e. Institution or a Company or Trust, Corporate Bodies, Government / Semi-Government Departments, a developmental Agency formed by Government, can open a Current Account. Application for opening the Account should be tendered in Account opening form prescribed by the Bank The applicant / s should fulfill KYC norms by furnishing identity and address proof, two photographs & PAN number / Form No. 60 / 61 while opening new account as applicable to the constitution of applicant and as mentioned in the form.

Minimum Balance in the account

Minimum balance should be maintained in the account ON QUARTERLY AVERAGE basis as mentioned below:

In Metro/ Urban/ Semi Urban Branches: Rs 5,000/-

Rural Branches Rs. 2,000/-

IF quarterly average minimum balance in the account is not maintained, service charges will be levied once in every quarter.

Details of charges are given under “Service Charges” displayed in home page of website. Also available in all branches with Branch Manager / Deputy Branch Manager

Nomination

Nomination facility is available.

Interest

No interest is payable on this account

Other Benefits

  1. The account holder/s can give standing instructions for transfer of funds from the account to any another account/s, make payment of electricity bills, Insurance Premium, Telephone bills, taxes, loan installments etc. Charges applicable are furnished in Service Charges Schedule available in every branch and also on Bank’s website
  2. Telebanking facility, SMS Banking facility, Mobile banking facility and Internet Banking facility are available.
  3. Free Mahabank VISA ATM / Debit Card.
  4. Interest on Fixed Deposits can be collected to this account.

Special Current Accounts

Diamond

 
 
 
Udyami Mitra
Attention NRI Customers
Integrety Pledge by CVC

User Manual - UPI
Is your Bank Account KYC compliant?
Locate Branch/ATM
Bank's Willful Defaulters
Rupay Debit Card Offers

Processing fee waived off on Housing Loan & Vehicle Loan w.e.f. 01.09.2017 to 31.12.2017

Revised Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 07.11.2017

Amendment to service charges of notification dated 01-02-2016, w.e.f. 01-08-2017

SMS Charges w.e.f. 01/07/2017

FAQs International Debit Card

A Little extra care makes your online transactions more secure

Account Portability : Transfer of account from one branch to another branch in the Bank

Bank's Codes of Commitments to Customers

List of branches authorized for opening of PPF Account

RBI Monetary Museum - Reserve Bank of India

General Information about the Museum
List of Specialized Branch
State wise Holiday
Visitor Counter
Stats
IMPORTANT: Bank of Maharashtra never ask for Bank account details for any purpose through phone call/email/SMS.

Bank appeals to all the customers not to respond to such phone call/email/SMS and not to share their bank account detail with any one for any purpose. Never share your CVV/ PIN No. of Debit/Credit card to anyone.