o;? Bank of Maharashtra
Scheme for Solar Water Heating Systems under Jawaharlal Nehru National Solar Mission(JNNSM)
Objective To promote adoption of solar energy for the purpose of water heating.
Purpose To install Solar Water heating system between capacity of 100 — 400 litres per day capacity.
Eligibility All customers of the bank with proof of income to ensure repayment capacity to the satisfaction of sanctioning authority.
Amount of loan 80% of the benchmark cost approved by MNRE or actual cost of the unit whichever is less.
Margin 20% by the applicant.
Subsidy 30% of benchmark cost subject to ceilings prescribed for each model.
Rate of Interest Click here to view the Interest Rate
Repayment Between 3-5 years. Repayment within 3 years not allowed.
  1. For loans up to Rs. 25,000/- hypothecation of the system to be purchased.
  2. For loans above Rs. 25,000/- in addition to a) above, one guarantor acceptable to bank should be obtained. Paper security, to the extent of loan amount may be obtained in lieu of guarantor.
Other terms conditions and Adequate insurance cover for the system /equipments. Products of manufacturers approved by MNRE only will be financed. Payment will be made directly to the dealer/supplier along with applicant's margin.
Information Security
Insurance Products
Direct Selling Agent for Housing Loan
Udyami Mitra
Attention NRI Customers
Car Dealers Tie-up Form
Reservation Roster
Integrety Pledge by CVC
Locate Branch/ATM
OTS Settlement Request
Bank's Willful Defaulters
Specialized Branches
State wise Holiday
Online Education loan thorugh Vidya Laxmi Poratal

User Manual - UPI
Is your Bank Account KYC compliant?
Revised Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 08.08.2019

Press Release for the Quarter Ended 30th June 2019

Beware of fictitious offers / lottery winnings / cheap funds offers

Rupay Debit Card Offers

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

RBI Monetary Museum - Reserve Bank of India

General Information about the Museum
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.