Non Fund Based Services
Bank of Maharashtra offers non fund based products to its clients as follows
- Letter of Credit : We offer import as well as domestic Letter of Credit facility to our clients for procurement of goods on DA/DP basis as per their needs at very competitive rates.
- Bank Guarantee : We offer Bank Guarantee facility to our clients guaranteeing their performance / financial obligations in the domestic as well as international market.
- LC Advising / Confirming Services : In case of Letters of Credit received by our clients, we offer LC advising as well as LC confirmation services.
- Bancassurance : Bank of Maharashtra has tie-up arrangement with United India Insurance Company (UIIC), Generali Central Insurance Company Limited , etc. under which we arrange for issuance of general insurance policies to our clients thereby taking away their worries of timely and adequate insurance cover of the assets.
- Solvency Certificate : We provide Solvency Certificate to our clients in case it is required for providing to Government authorities, other corporates in business deals / bids etc.
- Credit Reports : We provide Credit Reports on our clients to other banks/FIs and we also obtain Credit information required by our clients on their counter parties, through our correspondent relationship.
You can see below links also