Bank of Maharashtra organized Customer Outreach Program in Chennai

Chennai, 08 June 2023: Bank of Maharashtra yesterday (07.06.2023) organized a customer outreach program in Chennai to provide easy access to the bank’s services to its customers. The event showcased the bank’s dedication in promoting strong relationships with its valued customers. The presence of Shri .Asheesh Pandey, Executive Director of Bank of Maharashtra, as the chief guest, Shri Arun Kabade, General Manager Digital zone, Shri Nagendar Goud, Zonal Manager Chennai, Shri P.S. Sayeeswara Rao, Deputy Zonal Manager and Esteemed Customers from Tamil Nadu & Pondicherry participated in this meeting.

The program commenced with ceremonial lamp lighting, symbolizing the illumination of knowledge and prosperity. During the program Shri. Asheesh Pandey, Executive Director of the Bank briefed the customers about the Bank’s new schemes, new investment plans, and specialties of the bank accounts, YoY annual growth and future growth of the bank. 

While addressing the customers, Shri. Asheesh Pandey, Executive Director, Bank of Maharashtra said, “It gives me great pleasure to see a large number of customers participating in our customer outreach event. Our bank is committed to provide all types of banking needs of customers under one roof. Every year our bank is growing significantly in the southern region. I owe my appreciation to our bank employees who are responsible for that. Likewise, I would like to thank our valued customers for their continued patronage of our bank.”

In terms of Advances growth, BoM retained top spot among the scheduled commercial banks by recording a 29.49 per cent increase on annual basis, as per the published data of banks. Current Account and Savings Account (CASA) deposit of BoM topped the chart with 53.38 per cent. Bank of Maharashtra also recorded highest growth in profitability with bottom-line growing almost 126 per cent to Rs 2,602 crore during the year. BoM has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms during 2022-23”.

More than 200 customers attended the programme.  1261 SB accounts, 51 Current accounts, 971 PMSBY, 442 PMJJBY , 223 APY   and a total business of  165.47 crores were mobilised in this Customer Out reach. 

Shri Asheesh Pandey, Executive Director, Bank of Maharashtra handed over the Sanction Letters to various customers ranging from beneficiaries of MSME, Retail and Education Loans.

About Author