The Bank that has been acclaimed as ONE OF THE TOP 100 Urban Co-operative Banks in terms of deposits in India.

Mahesh Sahakari Bank Ltd, Pune was established in 1972 by visionary Shri. Hiralalji Malu with his colleagues and active support of Maheshwari Yuwak Mandal. It is running by the people who are the doyens of trade, commerce and industry and respected in the social circle. Their experience and expertise have made the bank efficient and profit-making. A ethical and professional top management has always been its guiding star.
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Deposit :
w.e.f. -01.12.2011

Period Rate Of Interest
  All Depositers/
Coop.soc./Trusts 		Senior Citizens
15 days to 90 days 5.00 % 5.50%
91 days to 180 days 6.00 % 6.50%
181 days to 365 days 7.50 % 8.00%
366 days to 18 Months
9.50%
10.00%
Above 18 Months to 36 Months
10.00%
10.50%
Above 36 Months 8.50% 9.00%
MAHESH VARDHINI SCHEME
24 MONTHS
10.50%
11.00%
 
 
 Special Deposit Rates :
  • For 100 Days - 10.00% (below Rs. 1 Cr.)
  • For Deposit Rs. 1 Cr. & above - 10.25% (Single Receipt)

Interest @ 4.00% on Savings Bank Deposits will be paid half yearly on daily products basis w.e.f. 1-5-2011.

All Savings & Current A/c holders maintaining "Zero" balance are instructed to operate their account within six months & maintain stipulated balance in it to avoid foreclosure of the account.