Bank of Maharashtra has emerged as top performer among public sector banks (PSBs) in terms of growth in deposit mobilization in the third quarter ended in December 2021 (Q3FY22). The bank recorded a 15.21 percent increase in total deposits at Rs 1,86,614 crore in the October-December period of 2021-22. In savings deposit mobilization, the bank recorded an 18.33 percent growth at Rs 80,815 crore. The Current Account and Savings Account (CASA) is increased by 24.60 percent to Rs 1,02,732 crore.
Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The Bank also offers services to agricultural and SME sectors.