Bank of Maharashtra
Website: | http://www.bankofmaharashtra.in/ |
Customer Care No: | 1800-233-4526 |
Bank Overview
The Bank was formally registered under the Indian Companies Act, on the auspicious day of 16 September 1935.
Today it has the network of 1,375 branches than any other public sector banks in Maharashtra. It has a network of 345 ATMs. It offers depository services and demat facilities at 131 branches. 38% of its branches are located in rural areas
BoM has tie up LIC of India and United India Insurance Company.
Milestones
1936 | : | Commenced operations on 08-02-1936 in Pune. |
1938 | : | Second branch of the bank was opened in 1938 at Fort, Bombay. |
1940 | : | Third branch came up at Deccan Gymkhana, Pune. |
1944 | : | Status as Scheduled Bank obtained. |
1946 | : | Deposits crossed Rs One crore mark. |
1949 | : | Expansion to AP: Hyderabad branch opened |
1963 | : | Expansion to Goa: Panjim Branch opened |
1966 | : | Expansion to Madhya Pradesh: Indore branch opened . |
1969 | : | Nationalised alongwith 13 other Banks. |
1974 | : | Deposit base crossed Rs. 100 Crore mark. |
1976 | : | Marathwada Grameena Bank, first RRB established on 26-08-1976. |
1978 | : | New Head Office building inaugurated by Hon'ble Prime Minister of India Shri. Morarji Desai |
1979 | : | “Mahabank Agricultural Research and Rural Development Foundation”, registered as a public trust, was established for undertaking research and extension work and to provide more extensive services to farmers. |
1985 | : | 500th branch in Maharashtra state was opened at the hands of the then Prime Minister, Mrs Indira Gandhi at Nariman Point, Mumbai. |
1986 | : | Thane Grameena Bank sponsored. |
1987 | : | The 1000th branch of the Bank was inaugurated at Indira vasahat, Bibwewadi, Pune at the auspicious hands of Dr.Shankar Dayal Sharma, the Honourable Vice President of India. |
1991 | : | "Mahabank Farmer Credit Card " was launched. |
1995 | : | Diamond Jubilee Celebrations - Dr C Rangarajan the RBI Governor was the Chief Guest. |
1996 | : | Moved into “A” category from the earlier “C” category. Autonomy obtained. |
2000 | : | Deposits crossed Rs 10000 crore mark. |
2004 | : | Public Issue of Shares – 24% owned by Public. |
2005 | : | Bancassurance and Mutual Fund distribution business started. |
2006 | : | Crossed total business level of Rs.50,000 Crore. |
2009 | : | Entered in to 75th year of dedicated service to the Nation. |
2010 | : | 100% CBS of branches achieved Total Business crossed Rs One lakh crore. |
2011 | : | First SHG Branch opened in Pune. |
2012 | : | Hon’ble Union Finance Minister Shri P Chidambaram inaugurates the Bank’s 1624th branch at Rajgambiram on 25.08.2012. |
2013 | : | Launch of Rupay card launch by Sonia Gandhi in Delhi |
2014 | : | 162 new branches; largest number to be opened in a single year, opened taking the branch network to 1890 |