Verified Bank Tariff

Bank of Maharashtra Charges & Fees

Charges verified
11
11 checked rules · 7 fee categories · 2 account variants

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.

Figures are the bank’s own, before GST unless a rule says otherwise.Last verified
Bank of Maharashtra
Cheapest: NEFT freeCostliest: Locker rent up to ₹55,000

At a glance

Bank of Maharashtra’s own figures, before GST. Tap a figure for its source.

Verified Fee Categories for Bank of Maharashtra

Most-searched Bank of Maharashtra chargesVerified figures, each named with its account

Most-searched Bank of Maharashtra charges

Verified figures only, each named with the account it applies to.

ChargeVerified figureMore
SMS alert
  • Domestic SMS: ₹0.30 · International SMS: ₹1.50 · + 18% GST · Retail Banking Service Charges
Demand draft (DD)
  • ₹10,001.00 to ₹1,00,000.00: ₹5.00 per ₹1,000.00 (minimum ₹100.00) · + 18% GST · Retail Banking Service Charges
  • Above ₹1,00,000.00: ₹4.00 per ₹1,000.00 (minimum ₹500.00, maximum ₹10,000.00) · + 18% GST · Retail Banking Service Charges
  • + 1 more verified entry below
RTGS
  • Rs 2 lakh to Rs 5 lakh: ₹25.00 · Above Rs 5 lakh: ₹50.00 · + 18% GST · Retail Banking Service Charges
  • Rs 2 lakh to Rs 5 lakh: ₹5.00 · Above Rs 5 lakh: ₹10.00 · + 18% GST · Retail Banking Service Charges
IMPS
  • Below Rs 1,000: ₹2.50 · Rs 1,001 to Rs 1 lakh: ₹5.00 · Above Rs 1 lakh: ₹15.00 · + 18% GST · Retail Banking Service Charges
NEFT
  • 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 · + 18% GST · Retail Banking Service Charges
  • ₹0 (Free) · No GST added · Retail Banking Service Charges
Minimum balance
  • ₹0 (Free) · No GST added · Mahabank Salary Account Scheme
Cheque returnNot verified yet
Locker
  • 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 · + 18% GST · Retail Banking Service Charges
Demand Draft charges3 checked entries
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Retail Banking Service Charges · Branch

₹10,001.00 to ₹1,00,000.00: ₹5.00 per ₹1,000.00 (minimum ₹100.00)

Trigger Condition

Bank of Maharashtra demand drafts / pay orders not against cash. GST is additional. Against cash: 1.5 times these charges; senior citizens, pensioners and students with an account get 20% off - neither is modelled. The source says 'per Rs. 1000' without 'or part thereof', so amounts that are not whole thousands may round differently at the branch.

GST: Applicable (+18% GST added to base amount)
Official Source Schedule

Verified on 2026-09-26

Retail Banking Service Charges · Branch

Above ₹1,00,000.00: ₹4.00 per ₹1,000.00 (minimum ₹500.00, maximum ₹10,000.00)

Trigger Condition

Bank of Maharashtra demand drafts / pay orders not against cash. GST is additional. Against cash: 1.5 times these charges; senior citizens, pensioners and students with an account get 20% off - neither is modelled. The source says 'per Rs. 1000' without 'or part thereof', so amounts that are not whole thousands may round differently at the branch.

GST: Applicable (+18% GST added to base amount)
Official Source Schedule

Verified on 2026-09-26

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.

GST: Applicable (+18% GST added to base amount)
Official Source Schedule

Verified on 2026-08-09 · Effective: 2026-02-01

IMPS charges1 checked entry
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Retail Banking Service Charges · General

Below Rs 1,000: ₹2.50 · Rs 1,001 to Rs 1 lakh: ₹5.00 · Above Rs 1 lakh: ₹15.00

Trigger Condition

Bank of Maharashtra IMPS transfers. The schedule prints the first slab as below Rs 1,000 and the second from Rs 1,001, so exactly Rs 1,000 is not covered by either row as printed. GST is additional; the schedule is stated excluding GST.

GST: Applicable (+18% GST added to base amount)
Official Source Schedule

Verified on 2026-09-26

Locker charges1 checked entry
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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.

GST: Applicable (+18% GST added to base amount)
Official Source Schedule

Verified on 2026-08-09 · Effective: 2026-02-01

Minimum balance charges1 checked entry
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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.

GST: Does not apply (Zero tax)
Official Source Schedule

Verified on 2026-08-15

NEFT charges2 checked entries
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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.

GST: Applicable (+18% GST added to base amount)
Official Source Schedule

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.

GST: Does not apply (Zero tax)
Official Source Schedule

Verified on 2026-08-09 · Effective: 2026-02-01

RTGS charges2 checked entries
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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.

GST: Applicable (+18% GST added to base amount)
Official Source Schedule

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.

GST: Applicable (+18% GST added to base amount)
Official Source Schedule

Verified on 2026-08-09 · Effective: 2026-02-01

SMS alert charges1 checked entry
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Retail Banking Service Charges · Other

Domestic SMS: ₹0.30 · International SMS: ₹1.50

Trigger Condition

Bank of Maharashtra savings, current and cash-credit accounts. Only SMS sent for customer-induced credit/debit transactions are charged; promotional SMS and UPI transactions are excluded. Capped at Rs 15 per month for savings and Rs 25 per month for current/CC accounts. Exempt: BSBDA/FI/PMJDY accounts, staff and ex-staff, pension accounts. GST is additional.

GST: Applicable (+18% GST added to base amount)
Official Source Schedule

Verified on 2026-09-26

What Bank of Maharashtra prints on your statementStatement narrations · 5 decoded

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 CHARGES

A commission charged when a demand draft or banker's cheque is issued. It usually scales with the draft value.

LOCKER RENT

Annual rent for a safe deposit locker. The amount depends on locker size and branch location.

MIN BAL CHG

A penalty for not keeping the required average balance in your account for the month or quarter.

NEFT CHG

A charge on an outward NEFT transfer. Under RBI rules NEFT sent through internet or mobile banking on a savings account carries no charge.

RTGS CHG

A charge on an outward RTGS transfer. RTGS is used for amounts of Rs 2 lakh and above.

Annual Account Leakage AuditHow much is Bank of Maharashtra quietly deducting every year?
Annual Account Leakage Audit

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.

Audit My Bank of Maharashtra Fees
Official Bank of Maharashtra tariff documentsThe bank’s own Schedule of Charges and website
Official Tariffs: View Bank of Maharashtra’s official Schedule of Charges PDF · Visit Official Website
Disputing a Wrongful Charge at Bank of MaharashtraDispute & Refund Assistance · RBI three-level route

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.

LEVEL 1

Branch / Helpdesk Ticket

Email Bank of Maharashtra customer service quoting the transaction ID and account details. TAT: 7 working days.

LEVEL 2

Principal Nodal Officer

If unresolved within 7 days, escalate to Bank of Maharashtra's Principal Nodal Officer (PNO). TAT: 14–30 days.

LEVEL 3

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?

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Frequently Asked Questions (Bank of Maharashtra)4 questions

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).