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Digital Transformation Bank of Maharashtra has demonstrated a strong commitment to technological advancement by launching user-friendly digital banking products such as Video-KYC account opening, WhatsApp Banking, and mobile apps. This presents opportunities to offer innovative fintech solutions, cybersecurity services, or digital infrastructure upgrades to support their ongoing digital initiatives.

Growth & Expansion With recent hiring of officers across multiple departments and the addition of 600 apprentices, the bank is actively expanding its workforce and operations. This indicates potential for sales of HR technology, payroll solutions, training platforms, and enterprise resource planning systems to support their growth.

Customer Loyalty A healthy CASA ratio of 50.07% reflects strong customer loyalty and financial inclusivity. These loyal customer bases could be targeted with personalized banking solutions, loyalty programs, or data analytics services to further deepen their customer engagement.

Industry Recognition Having received multiple awards for innovation and technological excellence, Bank of Maharashtra is positioning itself as a forward-thinking bank. This offers opportunities to introduce pioneering financial products, automation tools, or AI-driven analytics to maintain their competitive edge.

Financial Strength The bank posted a net profit increase of 23.14% and maintains substantial revenue streams, highlighting solid financial health. This stability can be leveraged to propose large-scale infrastructure projects, long-term technology investments, or strategic partnerships to drive further growth.

Bank of Maharashtra Tech Stack

Bank of Maharashtra uses 8 technology products and services including Microsoft Clarity, Font Awesome, jQuery, and more. Explore Bank of Maharashtra's tech stack below.

Microsoft Clarity

Analytics

Font Awesome

Font Scripts

jQuery

Javascript Libraries

Windows Server

Operating Systems

X-XSS-Protection

Security

Bootstrap

UI Frameworks

X-Content-Type-Options

Web & Portal Technology

Microsoft ASP.NET

Web Frameworks

Frequently Asked Questions

Where is Bank of Maharashtra's headquarters located?

Bank of Maharashtra's main headquarters is located at Head Office, Lokmangal, Shivajinagar Pune Pune, Maharashtra 411005, IN. The company has employees across 3 continents, including AsiaNorth AmericaEurope.

What is Bank of Maharashtra's official website and social media links?

Bank of Maharashtra's official website is bankofmaharashtra.in and has social profiles on LinkedIn Crunchbase.

How much revenue does Bank of Maharashtra generate?

As of October 2025, Bank of Maharashtra's annual revenue is estimated to be $5B.

What is Bank of Maharashtra's NAICS code?

Bank of Maharashtra's NAICS code is 52211 - Commercial Banking.

How many employees does Bank of Maharashtra have currently?

As of October 2025, Bank of Maharashtra has approximately 10K employees across 3 continents, including AsiaNorth AmericaEurope. Key team members include Chief Risk Officer: S. R.Chief Manager (products) - Digital Banking: S. S.Chief It Manager: G. A.. Explore Bank of Maharashtra's employee directory with LeadIQ.

What industry does Bank of Maharashtra belong to?

Bank of Maharashtra operates in the Banking industry.

What technology does Bank of Maharashtra use?

Bank of Maharashtra's tech stack includes Microsoft ClarityFont AwesomejQueryWindows ServerX-XSS-ProtectionBootstrapX-Content-Type-OptionsMicrosoft ASP.NET.

How much funding has Bank of Maharashtra raised to date?

As of October 2025, Bank of Maharashtra has raised $417M in funding. The last funding round occurred on Oct 04, 2024 for $417M.

When was Bank of Maharashtra founded?

Bank of Maharashtra was founded in 1935.

Bank of Maharashtra

BankingIndia10001+ Employees

Headquartered in Pune, Bank of Maharashtra, a Public Sector Bank, has been registered on 16th September 1935. With a rich heritage spanning over nine decades & commitment to excellence in providing banking services, Bank of Maharashtra has its presence across the country with over 2600+ branches, 2500+ ATMs, 3000+ Business Correspondents & 3 Digital Business Units till date. Bank recorded an outstanding 23.14% year-on-year rise in net profit, reaching ₹1,593 crore as on 30th Jun'25. As a Public Sector bank, it upholds the highest standards of transparency & integrity.
Amid the technological revolution, bank’s products & services have also been transformed effectively, providing a seamless experience to its customers. Bank has launched various user-friendly digital products such as Account Opening through Video-KYC, Mahamobile Plus App, WhatsApp Banking, Internet Banking & the list continues. With a healthy CASA ratio of 50.07% as on Jun'25 indicates strong customer loyalty and financial inclusivity of the bank. The bank’s robust infrastructure coupled with its young & skilled workforce enables it to provide innovative & reliable banking solutions tailored to meet the diverse requirements of Retail, Agri, MSME, Corporate & NRI customers.
The Bank has been honored with several prestigious industry awards, showcasing our commitment to excellence and innovation. Our latest accolades include Best Mid-sized Bank Award by Business Today, Finnoviti Innovation Award for Robotics Process Automation under BFSI category; IBA Technology Award for FY 22-23 by IBA; Best Public Sector Bank Award in FE India’s Best Bank Awards’23; to list a few.
To be a vibrant, techno-savvy, customer-centric bank serving diverse sections of the society that enhances the overall value for all its stakeholders is the driving force at Bank of Maharashtra.

Disclaimer: BoM shall not be held responsible for the confidentiality or security of any information shared with us through LinkedIn.

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