What is the official website of the payment service?
https://bankofmaharashtra.in
https://bankofmaharashtra.in
Customer support contacts are found on the official website under “Contact Us” and “Customer Care” sections.
1800-233-4526
Yes, 1800-233-4526 is a toll-free helpline for customers across India.
The bank provides separate email addresses for specific services such as Mahaconnect, ATM queries, and complaint redressal.
Online chat support is accessible via the Mahabank mobile app for retail customers.
Chat support hours may vary; most banks offer only limited hours for live chat, commonly 9am-6pm local time on business days.
Bank of Maharashtra offers WhatsApp Banking at +91 70660 36640 for certain support and informational services.
Phone support usually operates from 9am to 7pm, but some services like WhatsApp may be accessible outside these hours.
Some support channels, such as toll-free numbers, may operate on weekends, while branch-based support is typically unavailable.
Yes, Bank of Maharashtra maintains regional and branch offices across various Indian states for customer visits.
Head office is at Lokmangal, 1501, Shivajinagar, Pune, Maharashtra, with branches network throughout India cities.
Personal meetings can be scheduled by contacting your nearest branch or relationship manager directly.
Bank of Maharashtra does not maintain international representative offices; its operations are based in India.
Support is usually available in English, Hindi, and regional languages per branch location.
Average response can range from immediate for phone support to within 1-2 business days for email and written queries.
Priority banking services for high-value clients may include dedicated relationship managers and faster response times.
Most banks allow request for callbacks via online forms, phone support, or mobile applications.
Bank of Maharashtra was established in 1935.
The bank was founded by V.G. Kale and D.K. Sathe; it is owned by the Government of India.
Founded in 1935, the bank has grown to a national presence offering a full suite of payment and banking services.
The bank has undergone modernization and digital transformation but retains its original brand name.
The board comprises government-appointed officials, the Managing Director & CEO, Executive Directors, and RBI nominee.
The Government of India is the major stakeholder; partnerships exist with payment processors, NPCI, and tech firms.
Bank of Maharashtra is publicly traded on the BSE and NSE exchanges in India.
Market capitalization fluctuates; check financial market resources for real-time valuation.
The bank operates branches throughout India; it does not have notable subsidiaries overseas.
Bank of Maharashtra is licensed by the Reserve Bank of India under the Banking Regulation Act.
Bank of Maharashtra offers payment services officially within India.
Licensed banks in India generally do not handle cryptocurrency operations.
The bank follows RBI-mandated AML and full KYC procedures for all customers.
Payment systems comply with RBI security directives; card processing is generally PCI DSS certified.
Security audits are conducted regularly per RBI and IT security requirements.
Deposits are insured up to INR500,000 under the Deposit Insurance and Credit Guarantee Corporation, as per Indian law.
Bank systems comply with ISO, PCI DSS for payments, and other relevant international banking standards.
No major recent regulatory fines are publicly known; routine compliance audits are standard practice.
User reviews are found on platforms like Google Reviews, mouthshut.com, and app stores.
Common complaints include delays in service, technical outages, and paperwork requirements for certain transactions.
Users praise the bank’s wide branch network, approachable staff, and government-backed trust.
Withdrawal issues may occur due to technical outages; generally, processes are completed within regulated timelines.
User feedback on digital platforms is mixed; newer apps are viewed as easy to use, older platforms less so.
Transaction speed satisfaction is moderate; most digital payments are processed quickly, but some legacy services may be slower.
Many users recommend Bank of Maharashtra for traditional banking; fintech features receive average to positive reviews.
Experts view the bank as reliable for regulated banking; digital transformation is ongoing to improve modern services.
The bank has received recognitions for financial inclusion and service excellence from Indian financial bodies.
Participates in industry rankings by RBI, NPCI, and banking publications; generally ranks as a major public sector bank.
RBI and Ministry of Finance recommend the bank for various government benefit schemes and financial inclusion.
Partners value the bank’s reliability, government backing, and ability to process large transaction volumes.
Known for incremental digital upgrades; innovation is focused on expanding access and security.
Quality certifications vary; most public banks have certifications for banking service standards.
Yes, the bank participates in Indian banking and financial technology conferences.
Positions itself as a trusted national public sector bank focused on inclusive finance and digital transformation.
Payments are primarily supported in Indian Rupees (INR).
Cryptocurrencies are generally not supported due to regulatory restrictions in India.
There is no proprietary cryptocurrency or token associated with Bank of Maharashtra.
Currency conversion is available for select international banking services, subject to RBI limits.
Exchange rates are based on prevailing RBI or authorized dealer rates at the time of transaction.
Exchange rates are updated multiple times daily, as per market trends and RBI notifications.
Stablecoins are not supported by regulated Indian banks.
The bank handles major currencies; exotic currency services are limited and typically provided through branch forex desks.
Currency operations are subject to RBI and FEMA regulations, with restrictions for certain jurisdictions.
Supports NEFT, RTGS, IMPS, UPI, international wire transfers, and branch-based transactions.
Peer-to-peer transfers such as UPI and IMPS allow instant payments between customers.
Transfers to bank cards are supported via NEFT and IMPS to card-linked accounts.
Yes, direct transfers to bank accounts are supported through NEFT, RTGS, IMPS, and UPI.
Bill payment for utilities, telecom, and taxes is available via Mahabank mobile app and net banking.
Recurring payments can be set up for select billers and through NACH mandates.
Automatic scheduled transfers are supported, including standing instructions and recurring debit mandates.
Payment scheduling is available for bill payments and fund transfers via mobile or online banking.
Group payment/splitting services are generally not a standard feature in Indian banks’ apps but may be partially available.
Payment links can be created for UPI transactions for person-to-person and merchant payments.
Most electronic transactions have low minimums, typically INR1 for UPI/IMPS and higher for other services.
For UPI, limits are INR100,000/transaction; NEFT/RTGS limits depend on account status but may go up to INR10,000,000 or more.
Daily limits are set for UPI, IMPS, card payments, based on RBI and bank-specific rules.
Monthly and annual limits are determined by RBI guidelines and bank policies for each payment method.
Limits can usually be increased by submitting upgrade requests, providing additional KYC, and visiting the branch.
Verified users often enjoy higher transaction limits, depending on their account status and KYC level.
New accounts are subject to lower transaction limits until KYC is completed.
International remittance limits are determined by RBI and vary according to destination country and purpose.
Temporary blocking of operations may be initiated for suspicious activity or upon customer request.
Daily transaction counts are limited per payment channel per RBI and security guidelines.
Minimum account funding may be as low as INR1 with certain accounts, but higher for others.
Funding methods include cash deposit, cheque, NEFT, IMPS, UPI, mobile wallet transfer, and internet banking.
Cash and electronic account funding are typically free, but some methods may incur bank or third-party fees.
Minimum funding threshold varies with payment channel; UPI and IMPS typically allow small value transfers.
Funds are credited instantly via UPI/IMPS; NEFT is usually same day, while cheques may take longer.
Withdrawals are available via ATM, branch counter, or transfer to other banks/accounts.
Withdrawal via ATM may incur nominal fees; branch cash withdrawal is typically free up to certain limits.
ATM and IMPS withdrawals are instant; NEFT/RTGS may take hours; branch cash withdrawal is immediate.
Daily withdrawal limits are set for ATMs and cash counter based on account and card type.
Card funding via UPI/IMPS is credited instantly to the account.
NEFT may take a few hours, RTGS is real-time (within minutes), IMPS/UPI are instant.
Cryptocurrency transfers are not supported by this bank.
Yes, transfers via IMPS, UPI, and mobile banking are processed instantly.
UPI and IMPS work 24/7; NEFT may be delayed on weekends due to bank cutoff times.
Holiday schedules may delay NEFT or branch-based funding; IMPS/UPI typically unaffected.
Express crediting is not standard for deposits; transaction speed mainly depends on used channel.
Processing speed is determined by method (IMPS, NEFT, UPI), system uptime, and RBI clearing schedules.
SMS and app notifications are sent on account funding and transaction completion.
Customers should contact support, check transaction status, and submit a formal service or complaint request.
ATM, UPI, IMPS withdrawals are instant; NEFT/RTGS transfers may take a few hours.
Card withdrawals at ATMs are processed instantly.
NEFT within several hours, RTGS real-time, IMPS/UPI instant.
Not applicable; bank does not support cryptocurrency transactions.
IMPS and UPI withdrawals are processed 24/7; NEFT/branch withdrawals may be delayed.
Holidays may affect NEFT/branch operations, but IMPS/UPI transactions are processed continuously.
Express withdrawal for speed is not offered by standard Indian banks.
Withdrawal speed depends on method, bank operational hours, and interbank clearing schedules.
Customers receive SMS and app notifications for withdrawal transactions.
Most withdrawal requests, once initiated, cannot be canceled, except for scheduled or future-dated transfers.
Registration is completed at the branch or online using KYC documentation for a savings account or payment product.
Name, address, identity documents, PAN card, mobile number, and other personal KYC details are required.
Registration can be completed without email using mobile number verification and physical documentation.
Phone verification is typically required for digital account activation and transaction authentication.
Minimum age for standard accounts is 18; minors require guardian accounts.
Corporate and business accounts can be created by submitting business documents at designated branches.
Providing accurate and verifiable information is mandatory for KYC and account opening.
Account opening is restricted to Indian residents and eligible NRIs as per RBI regulations.
Account activation may be instant online or take 1-2 business days for branch-based onboarding.
Basic verification for personal details; enhanced KYC for larger transactions and business accounts.
Identity proof (Aadhaar, PAN), address proof, photo, and mobile number verification.
Full verification requires additional KYC such as PAN card, passport, and income proof for select services.
Digital copies are accepted for online and app-based onboarding, subject to validity checks.
Verification is immediate for digital onboarding, or 1-3 business days for physical submission.
Limited features may be available for unverified users; full services require KYC completion.
Transaction and deposit limits apply until full KYC verification is completed.
Address confirmation is required for most account types via document or official correspondence.
Some digital onboarding processes require a live selfie for identity verification.
Document updates are required every few years or upon significant detail changes.
Bank payment services use SSL encryption, secure tokens, and RBI-mandated messaging protocols.
Two-factor authentication is supported via OTPs, SMS codes, and app authentication.
SMS confirmations are sent for all major transactions and account updates.
Biometric authentication is supported for mobile app and Aadhaar-based login/signature.
Blockchain technology is not typically implemented in traditional bank services in India.
Yes, banks employ multi-layer security including encryption, authentication, fraud detection, and session controls.
Data is protected using encryption, restricted access, routine audits, and compliance with RBI privacy guidelines.
Cryptocurrency services and cold storage are not available for regulated Indian banks.
Banks deploy continuous DDoS protection and mitigation services for digital channels.
Security audits are performed regularly to ensure compliance and protect against vulnerabilities.
Anti-phishing education, site certificates, transaction verification, and user alerts are standard.
Automated monitoring systems detect suspicious account activity and trigger alerts or holds.
Banks comply with AML norms by monitoring, reporting, and KYC procedures for every customer.
Suspicious activity can result in account freezing or blocking pending investigation.
Contact customer support or report via official channels; bank conducts investigation and takes appropriate actions.
Use official customer support lines, online forms, or visit a branch to report suspicious transactions.
Compensation policies follow RBI and government norms if fraud is verified and customer conditions met.
Customers have the right to dispute charges, and banks must investigate and resolve as per regulations.
Submit a written complaint with supporting documents via email, branch, or online portal for review.
Indian bank deposits are insured, but cyberattack-specific insurance for individuals is not standard.
Transfer fees depend on mode; UPI is generally free, NEFT/RTGS/IMPS may carry small fees.
Funding accounts via digital channels is usually free; some methods may incur nominal charges.
ATM use may have fees after free transactions; branch withdrawals are free up to certain monthly limits.
Currency conversion attracts government taxes and banking charges as per RBI guidelines.
Account inactivity may lead to penalties or dormancy fees after extended periods.
Standard savings accounts often have no fees; premium and current accounts may have monthly or annual charges.
Fees may be charged if a transaction is canceled after processing, depending on the bank’s policy.
Express processing fees are not typical for Indian bank payments but may apply for special services.
Fees are disclosed in the bank’s rate cards and schedule of charges; transparency is required under RBI guidelines.
Larger transactions may attract higher fees per the bank's published charges; applicable GST and taxes are added.
Tariff plans include standard, corporate, premium, and government account options.
VIP clients enjoy dedicated service, higher limits, preferential rates, and enhanced privileges.
Preferential terms are granted upon meeting criteria for account balances, transaction volume, or corporate status.
Savings accounts typically include free transactions for deposits and limited ATM withdrawals per month.
Discounts for active users are uncommon; offers may be available through affiliated partner programs.
Yes, corporate accounts have specialized tariffs for payroll, transactions, and business services.
Individual conditions are available for high-value accounts and preferred customers upon request.
Fee waiver codes or promotions may be offered during special campaigns or partnership launches.
Cashback is generally available for specific digital payment campaigns or third-party card initiatives.
Volume-based discounts may be offered to corporate clients or as part of special deals.
Yes, the official app is MahaMobile (Bank of Maharashtra Mobile Banking).
Available for iOS and Android smartphones.
Functions include fund transfer, account management, bill payment, statement viewing, and card services.
Some features such as biometric login and quick balance may be exclusive to the mobile app.
Touch ID and Face ID support are available for compatible devices on the mobile app.
The app requires an internet connection for most operations; limited balance viewing may work offline.
The app supports push notifications for account activity and transaction alerts.
Dark mode may be available based on app version and platform.
Update frequency is typically quarterly, aligned with bug fixes and feature rollouts.
Beta versions may be offered during major updates for limited user testing.
Web portals are designed for ease of use, but user experience can vary across platforms and browsers.
The bank’s website and online banking portals support responsive design for desktops and mobile devices.
Interface languages include English, Hindi, and select regional languages.
Night/dark mode may be available for portal or app, depending on latest updates.
Keyboard shortcuts are not commonly supported for web banking portals in India.
Statement and transaction data can be exported in PDF, Excel, or CSV formats via online banking.
APIs are available for select business clients, with documentation provided upon request to the bank.
Integration is supported for business payment systems, billing, and government transaction services.
Web portals are updated as needed, typically several times a year for security and regulatory compliance.
Virtual card services may be offered for internet banking users, primarily for secure online payments.
Disposable or temporary cards are occasionally issued for internet shopping or travel needs.
Multi-currency accounts are not standard; major currencies may be supported for select NRI or forex accounts.
Investment products include term deposits, mutual funds, insurance, and government bonds.
Savings accounts and term deposits accrue interest at RBI-regulated rates.
Credit cards, personal loans, mortgages, and business loans are available.
P2P trading is not provided by traditional banks; only regulated banking transactions are available.
The bank does not support cryptocurrency transactions due to regulatory restrictions.
Merchant acquiring and POS terminal solutions are available for business clients.
Bulk payment and payroll processing are supported for corporate and government accounts.
Loyalty programs may be run in partnership with payment networks or third parties.
Bonus points can be earned through select credit and debit card transactions under partner programs.
Cashback is available for select transactions with partner merchant campaigns or special offers.
Referral programs may be available for certain account types and special campaigns.
VIP clients receive higher transaction limits, dedicated support, priority service, and preferential rates.
Seasonal offers are run for festival periods, new product launches, and partnership campaigns.
Premium account status is granted on request for high-value and priority clients.
Discounts with partner merchants are available through co-branded cards and payment network offers.
Corporate loyalty programs reward business banking clients for transaction volumes and long-term relationships.
Indian regulated banks do not support online casino transactions per RBI guidelines.
Gambling and betting transactions are generally restricted by Indian banks.
Suspicious gambling activity may lead to account monitoring or blocks as per anti-fraud protocols.
Gambling is viewed as a high-risk transaction subject to regulatory restrictions under Indian financial law.
Special terms are not set for gambling; transactions may be blocked or flagged for review.
Yes, suspicious activity and gambling-related transactions are monitored according to compliance rules.
Banks do not allow hiding of gambling site payments; transparency is enforced under law.
Customers receive general transaction alerts; gambling alerts are triggered for compliance review.
No special fees; gambling transactions may be denied or charged per the bank’s regulatory obligations.
Banks may restrict or block gambling transfers entirely in compliance with law.
Self-exclusion from gambling transactions is enforced by regulatory blocks, not customer option.
Yes, payment processing for gambling sites is often restricted or blocked.
Expense control tools for gambling are not standard features in Indian bank apps.
Customers receive alerts for exceeding transaction or account limits as per banking rules.
Yes, banking systems can block transactions to identified gambling and casino sites.
Expense analytic features for gambling are generally not provided.
Cooling-off for gambling is not a featured service in traditional Indian banks.
Support is available externally through responsible gaming organizations, not directly via bank.
No official partnerships with player assistance for gambling addiction.
Gambling alerts are not configurable; transaction notifications are sent per regulatory monitoring.
Online casinos usually do not accept direct Indian bank payments due to legal constraints.
No exclusive partnerships exist with casinos for payment processing.
Conditions do not apply; Indian banks restrict payments to gambling sites.
There are no bonuses or rewards for casino payments, as these transactions are restricted.
Direct deposits and withdrawals in casinos are generally blocked.
Yes, Indian banks block casino payments nationwide per local law.
Casino operators use alternate payment providers as most Indian banks restrict direct payments.
Not applicable; payments to casinos are typically declined.
Indian bank payments are not supported for casinos; alternate payment methods may have fees.
Major casino platforms are incompatible with Indian bank payment systems due to regulatory bans.