Steps to Open Bank of Maharashtra Saving Account

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Steps to Open Bank of Maharashtra Saving Account
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What is a Savings Account

• As per savings account definition, it is an
  interest bearing account held at bank or other
  financial institution. A savings account is a
  safe place to store your money and earn interest.

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Bank of Maharashtra Savings Account Features

• Why have a savings account with Bank of
  Maharashtra?
• Telebanking facility, SMS banking facility,
  mobile banking facility and internet banking
  available.
• Free Mahabank VISA ATM/ Debit Card.
• Deposit insurance up to Rs. 5.00. Lac.
• TDS not applicable for interest earned on the
  account.
• The account holders can give standing
  instructions for fund transfer from the account
  to any other account/ make payments of
  electricity bills, telephone bills,etc.

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How to Open a Savings Account with Bank of
Maharashtra

• You can apply for Bank of Maharashtra savings
  account through any of the below process.
• Walk into any of the nearby branches.
• Banking correspondents/customer service points.
• Apply SB Savings Account online

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Bank of Maharashtra Savings Account Online

• To open Bank of Maharashtra savings account
  through online,
• Visit official website www.bankofmaharashtra.in/
• Click on Personal
• From the drop down menu select Deposit
• Then select Savings Deposit

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• You will reach a page where you have all the
  information related to Bank of Maharashtra
  Savings Account.
• Click on Open Savings Bank Account tab.
• If you have all the mandatory documents, click on
  Lets Go to open your savings account.
• To see the savings account interest rate click
  Interest rate.

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Documents Required

• Proof of identity
• Proof of address
• Account of Minors
• If guardian is appointed by the court, order of
  the court for the same.
• In case of guardian is illiterate, birth date
  certificate of the minor from the competent
  authority.

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Documents Required

• For trust and foundations,
• Certificate of organization.
• Power of attorney granted to transact business on
  its behalf.
• Any official valid document to identify the
  trustee.
• Resolution of the managing body of the
  foundation/association.
• Telephone bills.

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For more details visit www.bankofmaharashtra.in/