Customer should have BOM Internet Banking facility i.e. an User id and passwords issued by BOM to use Mahaconnect (Internet Banking) facility.
Bank of Maharashtra has introduced yet another state-of-the art product “Maha-e-trade”-online share trading facility in its platinum jubilee year.
Chairman and Managing Director of the Bank, Mr. Allen C.A. Pereira has launched Maha-e-trade in a function held at Lokmangal Building, Pune, where the Head office of the Bank is located.
Maha-e-trade is devised in association with three major trading houses viz., M/s Religare Securities Ltd., Munoth Capital Market Ltd., and Enam Securities Direct (P) Ltd.,
Religare Securities Ltd., has tie up with three leading Nationalized Banks, some Private Sector & Co-operative Banks. With its large network & wider product range, it has built up good brand name in the market, with the help of advanced technology for the Broking platform.
Enam Securities Direct Pvt. Ltd. is a fully-owned subsidiary of Enam Securities Pvt. Ltd., which is registered as a “Grade A” broker with all the leading Banks & Institutions. Enam carries high repute, rich experience in IPO distribution and does quality research analysis.
Munoth Capital Market Ltd is as third partner in addition to Religare & Enam. Ahmedabad is their area of strength, where trading activity prevails on a larger scale.
Maha-e-Trade is a 3-in-1 integrated account. Bank of Maharashtra helps customer to integrate his/her banking, demat and trading accounts. Customer can trade in shares backed by funds and securities available in his/her bank / demat account. Trading has been made very easy even for beginners.
With this facility, Bank of Maharashtra brings forward a fast, easy, transparent and hassle-free way for investing / trade in shares in secondary capital market through National Stock Exchange and Bombay Stock Exchange.
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