Mobile Banking is the facility provided by banks to manage banking services through your mobile. With the Bank of Maharashtra Mobile Banking facility, you can check account balances, view transaction history, transfer funds, pay utility bills, and receive alerts. The dual authentication process ensures secure transactions through the facility. Mobile Banking makes handling your finances convenient and comfortable. You can now perform banking activities anytime and anywhere just by activating the mobile banking service provided by your bank.
To activate the Bank of Maharashtra Mobile Banking, you can send an SMS to 9223181818 from your registered mobile number and get the link to download the app. The format for the SMS will be MAHAMOBILE. You can also download the Bank of Maharashtra Mobile App from Google Play Store or App Store.
After the download process, follow the procedure given below to activate Maharashtra Bank Mobile Banking.
Step 1: Click on the New User Registration button.
Step 2: Accept the terms and conditions
Step 3: Enter your User ID. The 11-digit CIF Number given to you on opening an account with the bank will be your User ID.
Step 4: Click on the ‘Submit’ button. An automated message will be sent to your mobile number via SMS
Step 5: Select the ‘Registration Method’
Step 6: Set your MPIN and TPIN
Step 7: For verification to complete the registration process, you have three options
- You can use your net banking user ID and password for verification
- Enter the 16-digit ATM Card No and the 4-digit PIN
- Go to the nearest bank branch and verify the registration with the 5-digit token you get via SMS.
During the process of activation, if you get a pop-up message asking you to visit your branch, either your mobile number is not registered with the bank, or you are using a SIM other than the registered mobile number. Dual SIM, mobile phone users should ensure that the default SIM is the registered mobile number.
Once activated, you can perform various banking activities in just a few clicks using Mahasecure, the Mobile App for Bank of Maharashtra
The Bank of Maharashtra Mobile App, Mahasecure App, enables various banking transactions on your mobile phone. The key features of Mobile Banking of Bank of Maharashtra are:
- Transactions through the Mahasecure App are safe and secure.
- Check balances in accounts and view mini statements. You can get check balances of savings accounts, current accounts, OD/CC accounts, fixed deposits, recurring deposits, as well as loan accounts.
- Transfer funds to accounts within the bank.
- Transfer funds to accounts in other banks using IMPS or NEFT options.
- Add or delete billers for making monthly utility bill payments.
- Instant payment of utility bills even without adding the billers.
- Check your bill payment history.
- Apply for Credit or Debit Cards
- Set your ATM PIN
- Block your card in case of theft or loss of card.
- Place requests for chequebooks, demand drafts, etc.
- Open fixed deposits, recurring deposits, etc.
A limit is set by the bank for conducting certain transactions using the Bank of Maharashtra Mobile App. The details of the limits are given below:
|Type of Transfer||Transaction Limit|
|Funds transfer to own account||No limit|
|Funds transfer to other accounts within the bank||Rs. 50000 per day|
|Funds transfer through IMPS||Rs. 50000 per day|
|Funds transfer through NEFT||Rs. 50000 per day|
|Utility bill payments||Rs. 50000 per day|
To transfer funds through the Mahasecure App, adding the beneficiary is the first step. After adding the beneficiary, you can transfer funds to the beneficiary after 24 hours, i.e., when the beneficiary account is enabled. The procedure for adding the beneficiary is given below:
Step 1: Login to the Mahasecure Mobile App using MPIN.
Step 2: Click on the ‘Submit’ button and you will see various options on your mobile screen.
Step 3: Go to the ‘Funds Transfer’ option
Step 4: Under Funds Transfer, choose the ‘Manage Beneficiary’ option
Step 5: Choose the ‘Add Beneficiary’ option
Step 6: In the dropdown menu, choose “Add NEFT Beneficiary” to add other bank beneficiaries and ‘Add INTRA Bank Beneficiary’ to add beneficiaries within the bank.
Step 7: Enter the details like Account Number, Name of the Beneficiary, Nick Name, IFSC Code, Mobile No (optional), and Email ID (optional)
Step 8: Under the ‘Beneficiary Relationship’ option, choose the relationship from the dropdown menu.
Step 9: Provide the address and PIN code of the beneficiary and click on the ‘Submit’ button.
Step 10: You will get a message ‘The beneficiary is added successfully. Please approve the beneficiary’
Step 11: Click on the ‘OK’ button.
Step 12: Go back to the ‘Manage Beneficiary’ option
Step 13: Choose the ‘Approve Beneficiary’ option
Step 14: Under the ‘Approve Beneficiary’ option, choose INTRA if you are adding beneficiaries within the bank and NEFT for other bank beneficiaries.
Step 15: Under the ‘Beneficiary Nickname’ dropdown menu, choose the nickname of the beneficiary you need to approve
Step 16: Enter your MPIN and click on the ‘Submit’ button.
Step 17: You will get a message “The beneficiary is approved. It will take 24 hours for the beneficiary to be active.
Funds transfer to the beneficiary can be done after 24 hours.
With the banking operations at your fingertips, you can transfer funds to accounts within the bank as well as other bank accounts with a few clicks from anywhere and at any time. Follow the procedure given below for funds transfer.
Step 1: Login to Mahasecure Mobile App using the login credentials.
Step 2: A screen with various options will be visible on your mobile.
Step 3: Choose the ‘Funds Transfer’ option.
Step 4: Choose from various options like IMPS, Self-fund Transfer, Intra bank, and NEFT.
Step 5: Choose IMPS or NEFT options for transfer to other bank accounts, Intra bank for transfer to accounts within the bank, and Self-fund for transfer to own accounts.
Step 6: If you have chosen the NEFT option, on the NEFT page, you will have to choose the ‘From Account’ (account for debit) and choose the beneficiary for the ‘To Account’ option.
Step 7: Enter the transaction amount and the purpose for the transfer.
Step 8: Enter your MPIN and Click on the ‘Submit’ button.
Step 9: Review the details displayed on the screen. If found correct, click on the ‘Yes’ button
Step 10: A popup message saying ‘The transaction is successful’ will appear on your mobile screen.
For transfer through IMPS mode, you will have to choose from the options
- P2A, where the beneficiary is added with an Account Number and IFSC Code
- P2P, where the beneficiary is added with a mobile number and MMID
After selecting the beneficiary, the same procedure given for NEFT funds transfer has to be followed.
The advantages of the Mobile App for Bank of Maharashtra are manifold. Some of them are given below:
- Convenient access to banking services anytime and anywhere.
- Quick and easy balance checking and transaction history viewing.
- Secure fund transfers between accounts and to other individuals or businesses.
- Ability to pay bills and make utility payments electronically.
- Instant notifications and alerts for account activities.
- Access to various banking services such as loans, investments, applications for Credit and debit cards, ATM PIN setting, hotlisting of cards, etc.
- Enhanced security measures, including encryption and authentication.
- Reduction in the need for physical visits to bank branches.
- Time-saving and efficient banking experience.
Bank of Maharashtra Mobile Banking : FAQs
Currently, there are no fees for using the mobile banking application, and no fees will be applied for transferring funds to other accounts within the same bank. However, for funds transfers to accounts in other banks via NEFT, the applicable service charges, according to the bank’s guidelines, will be debited. If customers choose to have their Cheque Book or Physical Statement of Account delivered to their address, courier or postal charges of Rs.50 per request will be debited from their account.
All costumes having savings, current, or OD/OCC accounts with the bank can avail of the Maharashtra Bank Mobile Banking Services.
The customer should have a smartphone, and the mobile number has to be registered for availing of the Bank of Maharashtra Mobile Banking services.
The various banking services provided by Mobile Banking of Bank of Maharashtra are viewing of account transactions, funds transfer, request for cheque book, debit card and credit card applications, hotlisting of debit/credit cards, payment of utility bills, opening of fixed or recurring deposits, etc.
There is no limit to the transfer of funds to your own account. For funds transfer to accounts at other banks through NEFT, IMPS, and payment of Utility Bills, the limit stipulated is Rs. 50000.