Bank of Maharashtra is a major public sector bank in India. It provides both consumer banking and corporate banking products to meet the requirements of modern India. A comprehensive list of Bank of Maharashtra Timings is provided here.
Bank of Maharashtra Timings during Corona Pandemic
Bank of Maharashtra has restored its operating hours post lockdown. The bank remains open from Monday to Friday between 10:00 AM to 5:00 PM.
All banking services including account opening, passbook update, cash deposits/withdrawals, etc. are available at the bank. However, it is advised that customers should avoid visiting the branch and instead avail banking services via BOM Net-banking or Mobile Banking.
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Extra precautions are being taken at the bank to ensure proper social distancing, sanitation and cleanliness. Customers visiting the bank have to wear a face mask and use sanitizer while entering and exiting the bank.
NEFT Timings
NEFT transactions are processed from 8:00 AM to 7:00 PM every day except 2nd and 4th Saturdays and Sundays.
RTGS Timings
RTGS Transactions in the Bank of Maharashtra are processed between 8:00 AM to 4:30 PM from Monday to Saturday (except 2nd and 4th Saturdays and Sundays).
Measures Taken by Bank of Maharashtra Amidst Coronavirus
- The bank has waived off service charges on Savings account and online fund transfer using NEFT system
- Charges applied on cash withdrawal/non-financial transactions in other bank ATMs have been removed
- Minimum Balance charges for not maintaining the required balance in accounts have also been suspended
- Guaranteed Emergency Credit Line (GECL) has been introduced as a precautionary response to the unprecedented situation under COVID-19. The scheme functions with the primary objective of providing relief to the MSME sector by incentivizing MLIs to provide additional credit at low cost thereby enabling MSMEs to meet their operational liabilities and restart their businesses
Bank of Maharashtra Timings & Working Hours
Bank of Maharashtra Timings |
|
Day |
Working Hours* |
Bank of Maharashtra Timings on Weekdays
(Monday to Friday) |
10:00 AM to 5:00 PM |
Note: The bank remains closed on the 2nd and 4th Saturday of every month.
*The Bank timings vary across branches.
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Prospective clients and account holders can visit the bank during the working hours to conduct financial or non-financial business. However, customers cannot visit the bank on 2nd and 4th Saturdays, Sundays, or public holidays as the bank will remain closed on these days.
Bank of Maharashtra Lunch Timings
Bank of Maharashtra is open for business during its working hours. There isn’t any specific time during which the bank shuts down for lunch break. Employees take a lunch break between 1:00 PM and 3:00 PM on a rotational basis to ensure that the customer is not inconvenienced.
Bank of Maharashtra NEFT & RTGS Timings
Bank of Maharashtra NEFT transactions are processed in hourly batches. The timings are:
Bank of Maharashtra NEFT Timings
(Weekdays) |
8:00 AM to 7:00 PM |
Bank of Maharashtra RTGS time window for weekdays and weekend transactions are:
Bank of Maharashtra RTGS Timings
(Weekdays) |
8:00 AM to 4:30 PM |
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Bank of Maharashtra Locker Timings
Clients who want to visit their lockers at Bank of Maharashtra can do so during the branch’s business hours itself. Also note that the lockers cannot be operated beyond the bank’s working hours. In addition, prospective applicants too must apply for the service during the bank’s working time window only.
About Bank of Maharashtra
Branch Network
1,846 Domestic Branches (as in 2018) |
Number of ATM
1864 ATMs Nationwide (as in 2018) |
No. of Employees
12,932 Employees (as in 2018) |
Bank of Maharashtra is a public sector bank in India. Currently, the government of India holds the majority stake in the bank. The Bank was registered on 16 September 1935 and attained autonomous status in 1998. Since then millions of customers have availed the bank’s services which are dispensed through their 1846 branches. Bank of Maharashtra’s services includes consumer banking, corporate banking, insurance, investment banking, Credit cards, and much more.