Bank of Maharashtra Customer Review, Rating

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Average Customer Rating
1.8/5  by 1 users
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Reviewed on 27th Apr 15
1.8 / 5 stars
Very costly loan
Bank of Maharashtra Home Loan Availed in Jan 2015
Not satisfied as the interest rate is very high compared to the rate paid by friends. Took the decision in hurry without checking with anyone. Service More
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News - Oct 2016
12th Jun 16 Bank of Maharashtra books Rs 120 cr loss in Q4
As per the results of Q4FY16, Bank of Maharashtra reported a Net Loss of Rs 119.84 crore due to rise in bad loans. The bank reported a decline in its Total Income reported at Rs 3,566.68 crore in March quarter. Asset quality showed signs of weakening as the Gross NPAs as a percentage to Total Advances increased to 9.34 percent from 6.33 percent in the year ago period. The Net NPAs also increased to 6.35 percent compared to 4.19 percent at the end of March 2015.