Bank Of Maharashtra IFSC code, MICR code, Address

Bank Of Maharashtra branch details in India

Last Updated 28th Nov 2016
  • Bank Of Maharashtra has 1,922 branches across India spread over 34 states and union territories.
  • Maharashtra state, with 1,181 branches has the largest number of Bank Of Maharashtra branches in India followed by Madhya Pradesh state with 144 branches and Uttar Pradesh state with 83 branches.
  • Statewise distribution of Bank Of Maharashtra branches in India is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the state where the branch is located.

    About Bank Of Maharashtra

    • Bank Of Maharashtra is a Public Sector Bank in India with 1,880 branches, 1,849 ATM's and 14,189 employees across the country.
    • Bank Of Maharashtra's registered office is located at 1501, Lokmangal, Shivajinagar, Pune, Maharashtra-411005 .
    • For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 3,875 crs and Standalone net profit of Rs. 338 crs. Bank Of Maharashtra reported total deposits of Rs. 122,119 crs and total advances of Rs. 98,599 crs.
    • Bank Of Maharashtra's management is led by its CEO Mr. Sushil Muhnot.
    • Highest fixed deposit interest offered by Bank Of Maharashtra is 6.80% per annum on deposits.
    • Its current Base Rate is 9.70%, which was last revised on 05th Oct 15.
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News - Dec 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.
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