Loan Scheme for Entrepreneurs
 

For the endeavouring entrepreneur who dreams of setting up an enterprise, the Bank has a number of financial schemes.

To service the industrial sector the Bank has Industrial Finance branches at Mumbai and Pune.

SSI branches at Pune, Mumbai, Krishnanagar Satara, Piraman Gujarat, Satpur Nasik and I.E. Thane.

Finance can also be availed at any other branch of the bank.

The Bank finances the Industrial Sector for setting up a unit for modernization, diversification, upgradation, expansion.

Bank finance can be availed in the form of :

  • Term Loan for acquisition of machinery and fixed assets.
  • Working capital by way of funded Cash Credit limit .
  • Non fund facilities in the form of Letters of Credit / Letters of Guarantee.
The Bank finances Industrial Ventures under its own scheme as well as under the National Equity Fund Scheme (NFE) and Other Government Sponsored Schemes (GSS).

 
Udyami Mitra
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Revised Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 07.12.2017

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

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

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

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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.