Bank of Maharashtra offers COVID-19 Credit Support

Bank of Maharashtra has extended quick and hassle free loans at liberalised terms to overcome the problem of liquidity mismatch in meeting the day to day expenses and statutory dues by business enterprises. MSMEs, Agriculture, SHGs and Retail segments are extended additional loan assistance under the COVID 19 relief measures. Bank has sanctioned loans amounting to Rs 2789 crore under Agriculture, SHGs, Retail, MSMEs with almost 1 lakh beneficiaries between March 2020 and May 2020. Proactively, BoM has initiated measures to increase the awareness amongst customers. Now, the Bank has fully geared itself to extend the stimulus package announced by our Hon'ble FM to help restart the business activities.