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About Bank of Maharashtra

Bank of Maharashtra offers deposit schemes, credit cards and secured and unsecured loans like home loan, personal loan, business loan, loan against property.

  • Lowest Bank of Maharashtra home loan interest is 8.20%.
  • Low interest personal loan on Bank of Maharashtra starts at 10.85%.
  • Bank of Maharashtra offer loan against property at a low rate of %.
  • Highest fixed deposit interest offered by Bank of Maharashtra is 5.40% per annum on deposits.
  • Bank of Maharashtra offers high returns upto 7.10% on recurring deposit.
  • Its current MCLR Rate is 7.30% which was last revised on 07th Oct 20.

FAQs

What is the IFSC code for Bank of Maharashtra?

IFSC code stands for Indian Financial System Code and is a unique eleven-digit number used to transfer funds online between banks. It is a combination of alphabets and numerals, where the first 4 characters of IFSC code represent the name of the bank, the fifth character is 0, and the last 6 numbers define the branch code of the bank.

How can I know my Bank of Maharashtra IFSC code?

The IFSC Code of a Bank of Maharashtra is provided on the cheque and passbook provided by < bank name>. You can also visit the bank website of the or RBI's website to know about IFSC Code.

What is IFSC code in Bank of Maharashtra passbook?

IFSC Code is an 11 digit code, comprising a combination of alphabets and numbers, where first 4 characters represent the name of the bank, the fifth character is 0, and the last 6 digits define the branch code of the bank.

How to use the Bank of Maharashtra IFSC Code for transferring money online?

IFSC Code can be used to fund transfer between banks for transferring funds online through payments methods such as NEFT, IMPS and RTGS.

What will happen if I provide wrong Bank of Maharashtra IFSC code while fund transfer?

To transfer funds, you must furnish all the correct information such as Account number as well as IFSC Code. Thus, if you enter the wrong IFSC Code of Bank of Maharashtra, then the transaction will be failed.

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