Bank Of Maharashtra Punjab IFSC code, MICR code, Address
Bank Of Maharashtra branch details in Punjab
Last Updated 24th Apr 2017
Bank Of Maharashtra has 29 branches in Punjab spread over 17 districts of Amritsar, Barnala, Bhatinda, Faridkot, Fatehgarh Saheb, Fazilka, Firozpur, Gurdaspur, Hosiarpur, Jalandhar, Kapurthala, Ludhiana, Mansa, Moga, Mohali SAS Nagar, Muktsar, Nawanshahr, Pathankot, Patiala, Rupnagar, Sangrur, Tarn Taran.
Ludhiana district, with 4 branches has the largest number of Bank Of Maharashtra branches in Punjab followed by Fatehgarh Saheb district with 3 branches and Hosiarpur district with 2.
District wise distribution of Bank Of Maharashtra branches in Punjab is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
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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