Verified Bank Tariff
Bank of Maharashtra Charges & Fees
Complete official Schedule of Charges for Bank of Maharashtra. Every fee entry is backed by verified citations, 18% GST treatment, waiver conditions, and RBI dispute rights.
How much is Bank of Maharashtra quietly deducting from your account every year?
Run our 60-second audit to total the charges we can trace to published tariff documents.
Verified Fee Categories for Bank of Maharashtra
Demand Draft
1 checked entry
Locker
1 checked entry
Minimum balance
1 checked entry
NEFT
2 checked entries
RTGS
2 checked entries
Bank of Maharashtra
Demand Draft charges
Retail Banking Service Charges · Branch
₹50.00
Trigger Condition
DD / Pay Order amount up to Rs 10,000. Current tariff lists separate up-to-5,000 and 5,001-to-10,000 rows, both at Rs 50.
Verified on 2026-08-09 · Effective: 2026-02-01
Bank of Maharashtra
Locker charges
Retail Banking Service Charges · Branch
A — Metro/Urban: ₹2,000.00 · A — Rural/SU: ₹1,500.00 · B — Metro/Urban: ₹3,000.00 · B — Rural/SU: ₹2,000.00 · C — Metro/Urban: ₹4,000.00 · C — Rural/SU: ₹3,000.00 · D — Metro/Urban: ₹4,500.00 · D — Rural/SU: ₹3,500.00 · E — Metro/Urban: ₹5,500.00 · E — Rural/SU: ₹4,000.00 · H1 — Metro/Urban: ₹6,500.00 · H1 — Rural/SU: ₹4,000.00 · F — Metro/Urban: ₹8,000.00 · F — Rural/SU: ₹6,000.00 · G — Metro/Urban: ₹8,000.00 · G — Rural/SU: ₹6,000.00 · H — Metro/Urban: ₹8,500.00 · H — Rural/SU: ₹6,500.00 · L — Metro/Urban: ₹12,000.00 · L — Rural/SU: ₹9,000.00 · K — Metro/Urban: ₹12,000.00 · K — Rural/SU: ₹9,000.00 · AV-S — Metro: ₹30,000.00 · AV-M — Metro: ₹40,000.00 · AV-L — Metro: ₹55,000.00
Trigger Condition
Annual locker rent; current tariff also contains free-current-account overlays, 12 free visits then Rs100/visit, key-loss actual expenses + Rs2000 admin, 25% staff/ex-staff concession, and arrears penalty. Those are separate rules/overlays rather than embedded into this base rent matrix.
Verified on 2026-08-09 · Effective: 2026-02-01
Bank of Maharashtra
Minimum balance charges
Mahabank Salary Account Scheme · General
₹0 (Free)
Trigger Condition
Mahabank Salary Account Scheme only; eligible Central/State Government and State PSU employees, and corporate employees whose employer has a salary-payment arrangement with Bank of Maharashtra. Bank staff are excluded by the product page.
Verified on 2026-08-15
Bank of Maharashtra
NEFT charges
Retail Banking Service Charges · Branch
Up to Rs 10,000: ₹2.50 · Rs 10,001 to Rs 1 Lakh: ₹5.00 · Rs 1.01 Lakh to Rs 2 Lakh: ₹15.00 · Above Rs 2 Lakh: ₹25.00
Trigger Condition
Outward NEFT across counter. Slab labels preserve the official tariff wording.
Verified on 2026-08-09 · Effective: 2026-02-01
Retail Banking Service Charges · Other
₹0 (Free)
Trigger Condition
Outward NEFT through bank-defined Digital Mode; all amount slabs shown in current tariff.
Verified on 2026-08-09 · Effective: 2026-02-01
Bank of Maharashtra
RTGS charges
Retail Banking Service Charges · Branch
Rs 2 lakh to Rs 5 lakh: ₹25.00 · Above Rs 5 lakh: ₹50.00
Trigger Condition
Outward RTGS across counter.
Verified on 2026-08-09 · Effective: 2026-02-01
Retail Banking Service Charges · Other
Rs 2 lakh to Rs 5 lakh: ₹5.00 · Above Rs 5 lakh: ₹10.00
Trigger Condition
Outward RTGS through bank-defined Digital Mode.
Verified on 2026-08-09 · Effective: 2026-02-01
What Bank of Maharashtra prints on your statement
5 narrations decoded against Bank of Maharashtra's own schedule of charges — the plain-English and Hinglish meaning, the exact amount including GST, and how to avoid it.
DD CHARGESA commission charged when a demand draft or banker's cheque is issued. It usually scales with the draft value.
LOCKER RENTAnnual rent for a safe deposit locker. The amount depends on locker size and branch location.
MIN BAL CHGA penalty for not keeping the required average balance in your account for the month or quarter.
NEFT CHGA charge on an outward NEFT transfer. Under RBI rules NEFT sent through internet or mobile banking on a savings account carries no charge.
RTGS CHGA charge on an outward RTGS transfer. RTGS is used for amounts of Rs 2 lakh and above.
Disputing a Wrongful Charge at Bank of Maharashtra
Under Reserve Bank of India (RBI) consumer protection directives, account holders have statutory rights to claim refunds for unauthorized debits, failed ATM transactions, or penalties debited without prior notification.
Branch / Helpdesk Ticket
Email Bank of Maharashtra customer service quoting the transaction ID and account details. TAT: 7 working days.
Principal Nodal Officer
If unresolved within 7 days, escalate to Bank of Maharashtra's Principal Nodal Officer (PNO). TAT: 14–30 days.
RBI Banking Ombudsman
Lodge a statutory complaint on the RBI CMS Portal (cms.rbi.org.in) if rejected or delayed past 30 days.
Need a pre-filled grievance email draft for AMB penalties or debit card AMC?
Open Dispute Letter GeneratorFrequently Asked Questions (Bank of Maharashtra)
What is the minimum balance (AMB) requirement in Bank of Maharashtra?
In Bank of Maharashtra, the minimum average balance (AMB/MAB) varies by account tier and branch location. Regular savings accounts in metros typically require maintaining the published threshold, while salary accounts and BSBDA zero-balance accounts have ₹0 AMB requirements.
What are the debit card annual maintenance charges (AMC) for Bank of Maharashtra?
Debit card maintenance charges at Bank of Maharashtra are billed annually based on card variant plus 18% GST.
Can Bank of Maharashtra deduct minimum balance penal charges without sending an SMS?
No. Under RBI Master Direction (DBOD.No.Leg.BC.21/09.07.006/2015-16), Bank of Maharashtra is legally mandated to notify the customer via SMS or email giving them a 30-day notice window to restore their balance before any penalty can be debited. If debited without prior notification, you are entitled to a full reversal.
How do I dispute a wrongful fee or charge deducted by Bank of Maharashtra?
To dispute a wrongful deduction at Bank of Maharashtra: (1) Send an email to the Branch Manager / Customer Service citing the relevant RBI circular and transaction ID. (2) If unresolved within 7 days, escalate to Bank of Maharashtra's Principal Nodal Officer (PNO). (3) If unresolved after 30 days, lodge a complaint with the RBI Banking Ombudsman via the CMS portal (cms.rbi.org.in).