Bank of Maharashtra is one of the leading commercial banks in India that offers a wide range of banking and financial services. Besides banking products and services, Bank of Maharashtra also specialises in providing Mudra loan scheme under Pradhan Mantri Mudra Yojana (PMMY) initiated by Government of India. Mudra Loan offered by Bank of Maharashtra starts at an interest of 9.40% onwards.
Micro Units Development and Refinance Agency (MUDRA) loan scheme is offered to non-farm units engaged in services, trading and manufacturing sectors and the maximum loan amount that can be availed under this scheme is Rs. 10 lakh.