“One Family, One Bank, Bank of Maharashtra “.

Mr.C.K.Verma – Branch Manager-Bank of Maharashtra, D-Block Janakpuri, having an experience of three decades in the fields of financial institution. He is hardworking, cooperative and a worth full asset for his bank. He is always ready to provide maximum services just for the convenience of his clients. He believes in the slogan “One Family, One Bank, Bank of Maharashtra “.
Actually, the bank was registered on 16th Sept 1935 with an authorized capital of Rs 10.00 lakh and commenced business on 8th Feb 1936. Now, with the sincere efforts of team work, all the branches of the Bank are fully computerised. Bank is the convener of State level Bankers committee.
It offers Depository services and Demat facilities at 131 branches.
It has a tie up with LIC of India and United India Insurance company for sale of Insurance policies. Under the capable guidance of Chairman & Managing Director-Mr.Allen C A Pereira, the bank has set following
Future Plans – Vision 2009
*To cross the Business Level of Rs.85,500/- Crores by March 2009.
*19.84% Growth in Savings Bank Deposits and average Saving Deposits growth rate of 17.69%.
*19.65% Growth in Current Deposits and average Current Deposits growth rate of 17.29
*Systematic approach for reducing Net NPA level to below 1%
*64 Branches are proposed to be opened at new business centres and 3 extension counters to be converted into full fledged branches.
*4 Currency Chests to be opened.
*ATM network to be increased from 345 to 500
*Biometric ATMs to be introduced at selected branches.
*Introduction of Internet banking, Mobile banking and Phone banking.
*SHGs with special reference to agriculture to be promoted and financing be implemented so as to increase financing to small and marginal farmers.
*Financial Inclusion to the un banked section of the population.
*The bank is always ready to provide educational, house, personal loans and different investment plans, for every age groups, are the major features of this bank.

For more detail please contact: Bank of Maharashtra,(A Govt. of India Undertaking),
Janak Puri Branch, D-22-23, Institutional Area, Janakpuri, N.D.-58
Ph.28524397, 28524505
Courtesy: Dwarka Parichay