Insights

Digital Transformation Opportunities Bank of Maharashtra has successfully implemented various digital products such as Account Opening through Video-KYC, Mahamobile Plus App, and WhatsApp Banking. Leveraging their strong infrastructure and tech stack, there is ample opportunity to offer digital transformation solutions to other banks or financial institutions looking to enhance their customer experience.

Competitive Positioning in Awards With accolades like IBA Technology Award, Best Public Sector Bank Award, and recognition as Best MSME Bank, Bank of Maharashtra showcases its competitive edge. Collaboration opportunities exist to offer award-winning banking solutions or consultancy services to other banks aiming to improve their industry recognition and performance.

Investment and Partnership Potential Bank of Maharashtra's recent investment in Dynacons Systems & Solutions Ltd. highlights their interest in strategic partnerships. This presents an opportunity for tech companies or service providers to propose collaboration ideas that align with the bank's investment focus, potentially leading to mutually beneficial partnerships.

Expansion into Special Deposit Schemes The launch of four special deposit schemes by Bank of Maharashtra indicates a focus on innovative financial products. Financial institutions or fintech companies can explore partnerships to introduce similar schemes in their portfolios, capitalizing on the trend of offering unique deposit options to customers.

Sustainable Growth Initiatives Bank of Maharashtra's Maha Krishi Samrudhi Yojana demonstrates a commitment to supporting food and agro-based industries sustainably. This presents an opportunity for companies operating in sustainable agriculture, agri-infrastructure, or related sectors to collaborate on initiatives that promote economic and environmental sustainability in the agricultural domain.

Bank of Maharashtra Tech Stack

Bank of Maharashtra uses 8 technology products and services including Google Analytics, Swiper, Modernizr, and more. Explore Bank of Maharashtra's tech stack below.

Google Analytics

Analytics

Swiper

Javascript Libraries

Modernizr

Javascript Libraries

WhatsApp Business Chat

Live Chat

Windows Server

Operating Systems

X-XSS-Protection

Security

Bootstrap

UI Frameworks

IIS

Web Servers

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.

How much revenue does Bank of Maharashtra generate?

As of October 2024, Bank of Maharashtra's annual revenue reached $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 2024, Bank of Maharashtra has approximately 10K employees across 3 continents, including AsiaNorth AmericaEurope. Key team members include . 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 Google AnalyticsSwiperModernizrWhatsApp Business ChatWindows ServerX-XSS-ProtectionBootstrapIIS.

What is Bank of Maharashtra's email format?

Bank of Maharashtra's email format typically follows the pattern of . Find more Bank of Maharashtra email formats with LeadIQ.

How much funding has Bank of Maharashtra raised to date?

As of October 2024, Bank of Maharashtra has raised $62M in funding. The last funding round occurred on Sep 15, 2023 for $62M.

When was Bank of Maharashtra founded?

Bank of Maharashtra was founded in 1935.

Bank of Maharashtra

BankingMaharashtra, India10001+ Employees

Headquartered in Pune, Bank of Maharashtra, a Public Sector Bank, has been registered on 16th September 1935. With a rich heritage spanning over eight decades & commitment to excellence in providing banking services, Bank of Maharashtra has its presence across the country with over 2500+ branches, 2000+ ATMs, 3000+ Business Correspondents & 3 Digital Business Units till date. The business figures of the bank have reached ₹ 4.7 lakh crore as on 31st Mar'24. 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 more than 50% as on Mar'24 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.

Bank has been conferred with various prestigious industry awards like IBA Technology Award for FY 22-23 by IBA; Best Public Sector Bank Award in FE India’s Best Bank Awards’23; Best Mid Sized Bank in India by Business Today; Best MSME Bank in MSME Banking Excellence Awards 2023; India's Leading Public Bank (Mid) for FY 2022-23 at Dun & Bradstreet BFSI & Fintech Summit 2024; 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. We stand committed to what we say as “One Family, One Bank”!

Disclaimer: Never share your OTP or click on any unverified link.
Toll-free: 1800 233 4526 / 1800 102 2636

Insights

Similar companies to Bank of Maharashtra

Kotak Mahindra Bank

RBL Bank

Bank of Baroda

Bandhan Bank

Canara Bank

South Indian Bank

Federal Bank