History of Bank of Maharashta :
Bank of Maharashtra was registered on September 16, 1935 with an authorized capital of Rs 10.00 lakh. The Bank started its operations on February 8, 1936. Ever since its inception, Bank of Maharashtra is known as common man's bank. The Bank's initial help to small units has given birth to many of today's industrial houses.

In July 1969, Bank of Maharashtra, was nationalized along with 13 other banks. After nationalization, the Bank expanded rapidly and today its branch network comprises of 1292 branches and 30 extension counters spread over 22 states and 2 union territories (as of 30th September 2005). Bank of Maharashtra has the largest network of branches by any Public sector bank in the state of Maharashtra.

Bank of Maharashtra attained autonomous status in 1998. It has helped the Bank in providing more and more services with simplified procedures without intervention of Government. Bank of Maharashtra excels in Social Banking, and it has 46% of its branches in rural areas. By March 2006 the Bank intends to achieve computerization of remaining 584 rural and semi urban branches by providing a cost effective small branch automation solution for rendering effective customer service to rural India.

Chairman and Managing Director of Bank of Maharashtra : Shri M. D. Mallya

Executive Director of Bank of Maharashtra : Shri Rajiv Madhok

Board Director of Bank of Maharashtra : Smt Sukriti Likhi, Shri S.K. Gogia, Shri P. N. Deshpande, Shri Tuljapurkar Devidas Ramchandra, Shri Anand Kamalnayan Pandit, Shri Avinash Laxmikant Patil, Shri A. Ali Azizi, Shri Rajeev K Deshpande

Credit Facility of Bank of Maharashtra : Educational Loans, For Agriculturists, For Corporates, For Entrepreneurs, For Exporters, For Indiviuals, For Professionals, Housing Finance Scheme, Mahabank Adhar Scheme, Mahabank Consumer Loan Scheme, Mahabank Gold Card SchemeFor Exporters, Mahabank Renewable Energy Equipments, Mahabank Realty Finance, Mahabank Salary Gain Scheme, Mahabank Vehicle Loan Scheme. Personal loans, SSI Charter, Declaration, Mahadeep Solar Home Systems, etc.

Depsoit Products of Bank of Maharashtra : Mahabank Yuva Yojana, Mahabank Lok Bachat Yojana, Mahabank Family Banking Card, Quarterly Interest Deposit Scheme (QIDS), Mixie Deposit Scheme, Floating Rate Deposit Scheme, Savings Deposit, Current Deposit Monthly Interest Deposit Scheme (MIDS), Fixed Deposit Scheme (FDR), Cumulative Deposit Scheme (CDR), Recurring Deposit Scheme, Mahabank Unit Deposit Scheme, Sulabh Jama Yojana. etc.

Banking Service of Bank of Maharastra : ATM, CREDIT CARD, BANCS, LOCKERS, List of RTGS Branches, Bancassurance, Distribution of Mutual Funds, etc.