Bank of Maharashtra

Bank of Maharashtra

About Bank:

Maharashtra has a long history of commercial activity since ages because of its strategic location in Indian sub continent and its large natural resources.

Maharashtra has been a progressive region and the Banking activity was also started in this region quite early. Historically speaking, the Bank of Bombay established in 1840 was the first Commercial Bank in Maharashtra. However, the first commercial bank set up in Maharashtra outside Mumbai was The Poona Bank established in 1889 at Pune followed by The Deccan Bank in 1890 and the Bombay Banking Company in 1898.

Outbreak of the First World War leading to great depression took a heavy toll on banks in India. Between 1914 and 1935 as many as 380 banks failed in the country out of which 54 were based in Bombay province. The impact of these failures was felt more in Maharashtra region because certain banks known for a long time were also closed down.

The effects of great depression started fading and new enterprises began emerging with new hopes in all spheres of economy, including banking.

Vision:

To be a vibrant, forward looking, techno-savvy, customer centric bank serving diverse sections of the society, enhancing shareholders’ and employees’ value while moving towards global presence.

Mission:

-To ensure quick and efficient response to customer expectations.
-To innovate products and services to cater to diverse sections of society.
-To adopt latest technology on a continuous basis.
-To build proactive, professional and involved workforce.
-To enhance the shareholders’ wealth through best practices and corporate governance.
-To enter international arena through branch network.
-To be a vibrant, forward looking, techno-savvy, customer centric bank serving diverse sections of the society, enhancing shareholders' and employees' value while moving towards global presence.

Important Links:

Contact Details:

Address:

Bank of Maharashtra
Central Office, 'Lokmangal',
1501, Shivajinagar Pune-411005

Telephone Numbers : 020 - 25532731, 733, 734, 735, 736
020 - 25532728
020 - 25514501 - 12
020 - 25513781

Website: www.bankofmaharashtra.in

Courtesy: bank of maharashtra

Bank of Maharashtra
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