Mahabank Purple Savings Account
Sl No USP Specially designed SB product for Ultra High Net worth Individuals (UHNIs)
1 Who can open account Resident individuals (sole or joint account) subject to fulfilling eligibility criteria (domestic depositors) of Reserve Bank of India, on compliance of “Know Your Customer(KYC) Guidelines
2 Initial Amount of Deposit Account can be opened with zero balance.
3 Minimum Balance Minimum Monthly Average Balance (MAB) - Rs. 3,00,000/-
4 Personal Assistance Special assistance of Relationship Manager
5 Personal Air Accident Death Insurance Cover Rs. 50,00,000/- Free of Cost
6 Personal Accidental Death Insurance (PAI) Cover Rs. 10,00,000/- Free of Cost
7 Cheque book facilities 200 free Personalized Cheque leaves per annum
8 ATM Cum VISA Debit Card Free specially designed personalized ATM-cum-Debit card (No maintenance charges).
9 No. of Transactions at ATM Free unlimited Debit Card transactions at ATM of any Bank.
10 Loss / Fraud Protection on Debit Card 30 days protection against loss / theft of cards upto Rs.1.00 lacs.
11 Higher Transaction Limit on Debit Card (per day) Rs. 1,00,000 at ATMs
Rs. 1,00,000 at Point of Sale (POS)
12 Credit Card FREE (100% concession on annual maintenance charge) BoM-SBI co-branded Gold Credit Card;
50% concession in maintenance charge of BoM-SBI co-branded Platinum Credit Card for the first year
13 Internet Banking Free Internet Banking Facility
14 NEFT/ RTGS Free unlimited NEFT/RTGS remittances
15 Demand Draft Unlimited free Demand Draft.
16 Tax payment through ATM & Internet Banking Free
17 Demat Account AMC Free for 1 st year and 50% of AMC waived from Year 2
18 Other Service Charges 50% concession in processing fee of retail loans.



Integrety Pledge by CVC

User Manual - UPI
Is your Bank Account KYC compliant?
Locate Branch/ATM
Bank's Willful Defaulters
List of ATMs in Six Metro Cities (New Delhi, Mumbai, Kolkata, Bengluru, Chennai, Hyderabad)

RBI Monetary Museum - Reserve Bank of India

General Information about the Museum
CUSTOMER EDUCATION : Security Features of Indian Banknotes
A Little extra care makes your online transactions more secure

1- English Version
Mahabank gold loan scheme - Loan Against gold ornaments
Account Portability : Transfer of account from one branch to another branch in the Bank
New Recurring Deposit Schemes : Maha Millionaire, Maha Lakhpati & Mahasanchay Systematic Deposit Plan
Bank's Codes of Commitments to Customers
Service Charges
Mahabank Gold Loan Scheme - Loan against Gold Ornaments
Top Up Loan for Home Loan Borrowers to meet various needs
Interest on domestic term deposits
List of branches authorized for opening of PPF Account

List of Specialized Branch
State wise Holiday
Visitor Counter
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.