Insights

Digital Transformation Bank of Maharashtra's recent launch of the Zen Lyfe mobile banking app and their focus on innovative digital services presents opportunities for partnerships in mobile security, app development, and digital onboarding solutions to enhance customer experience.

Growth Funding With recent financing rounds totaling over 100 million dollars and bonds issued to fund expansion, the bank demonstrates a strong appetite for capital infusion, creating potential for financial technology providers and investment services to support their growth initiatives.

Customer Loyalty A solid CASA ratio of over 50 percent indicates high customer loyalty and financial inclusion, suggesting opportunities for loyalty programs, personalized banking solutions, and customer engagement platforms to deepen relationships.

Awards & Recognition The bank’s multiple prestigious industry awards highlight their commitment to innovation and excellence, making them a prime prospect for high-quality consulting, technology upgrade, and certification services aimed at maintaining their competitive edge.

Market Position As a significant player in the public sector banking space with extensive infrastructure and a young, skilled workforce, they are poised for further expansion in retail, MSME, and niche segments, offering opportunities for enterprise software, HR solutions, and niche financial products.

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

Bank of Maharashtra's Email Address Formats

Bank of Maharashtra uses at least 2 format(s):
Bank of Maharashtra Email FormatsExamplePercentage

Frequently Asked Questions

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

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

What is Bank of Maharashtra's NAICS code?

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

How many employees does Bank of Maharashtra have currently?

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As of January 2026, Bank of Maharashtra has approximately 6.7K employees across 3 continents, including AsiaEuropeNorth America. Key team members include Chief Risk Officer: S. R.Chief Manager: B. N.Chief Manager: C. P. A.. Explore Bank of Maharashtra's employee directory with LeadIQ.

What industry does Bank of Maharashtra belong to?

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Bank of Maharashtra operates in the Banking industry.

What technology does Bank of Maharashtra use?

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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?

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As of January 2026, 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?

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Bank of Maharashtra was founded in 1935.

Bank of Maharashtra

BankingMaharashtra, India5001-10000 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 23.09% year-on-year rise in net profit, reaching ₹1,633  crore as on 30th Sep'25. As a Public Sector bank, it upholds the highest standards of transparency & integrity.

Amid the digital revolution, the bank has transformed its services to offer a seamless, secure experience. With the launch of Zen Lyfe, the new mobile banking app, customers can enjoy smarter, faster banking. New offerings like the Global Edge Savings Account with triple benefits, GovPride Salary Account and Smart Savings Account further enhance our portfolio.  With a healthy CASA ratio of 50.35% as on Sep'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 the Public Sector Excellence Award 2025 in the Banks (Mid)-Central PSU category by Dun & Bradstreet; Public Sector Bank of the Year Award in the Institutional Category at the prestigious FE Best Banks Awards; SKOCH GOLD Award 2025; 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.

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

Section iconCompany Overview

NAICS Code
52211 - Commercial Banking
Founded
1935
Employees
5001-10000

Section iconFunding & Financials

  • $417M

    Bank of Maharashtra has raised a total of $417M of funding over 6 rounds. Their latest funding round was raised on Oct 04, 2024 in the amount of $417M.

  • $50M$100M

    Bank of Maharashtra's revenue is estimated to be in the range of $50M$100M

Section iconFunding & Financials

  • $417M

    Bank of Maharashtra has raised a total of $417M of funding over 6 rounds. Their latest funding round was raised on Oct 04, 2024 in the amount of $417M.

  • $50M$100M

    Bank of Maharashtra's revenue is estimated to be in the range of $50M$100M

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