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Mahesh Bank Calendar

Click here to download Mahesh Bank Calendar 2013.

Services

What is New

All the customers of the Bank are requested to surrender the existing non-CTS standard cheques and obtain the CTS standard cheques from the respective branches. Please note that non CTS cheques shall be not accepted/valid after 31st July, 2013.
Introduced "Prepaid Travel Currency Card". Contact your nearest branch for further details.
Avail Free Computer Awareness Programme at Bank's Staff Training Centre, Hyderabad. Click here to know more.
Introducing Mahesh Bank RuPay Debit Card shortly
Avail Internet Banking Facility
Avail Direct RTGS
Introducing ATM Shared Network
Introduced Mutual Funds
RBI has acceded to the request of the bank to extend its area of operation to the entire States of Maharashtra, Rajasthan and Gujarat.

Important Notice

Validity period of cheques/drafts reduced. For more information Click here

As per the latest guidelines issued by the Reserve Bank of India, the validity period of all cheques, demand drafts, pay orders and bankers' cheques has been reduced from 6 months to 3 months. This will come into effect from 1st April, 2012. Customers are requested to take a note of the same while issuing and receiving cheques/drafts etc.,

Customers are required to furnish PAN details. To know more Click here

In terms of Section 206AA of Income tax Act, 1961, introduced by Finance (No. 2) Act, 2009, w.e.f. 1st April, 2010, it will be mandatory for every person including a non-resident, entitled to receive any sum or income or amount, on which TDS is deductible, to furnish his/her PAN to the Bank, failing which TDS will be deducted at the rate of 20% or rate applicable, whichever is higher.

Declaration in 15G/15H for non deduction of TDS shall be treated invalid if PAN is not quoted in the said forms and Bank shall proceed with deduction of TDS at higher rate as mentioned above.

Please visit nearest branch of Mahesh Bank to furnish photocopy of your PAN, if not submitted earlier.

Prayas

Monthly News letter for in-house communique Click here to view

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About Us
Management

Management

Board of Directors

Elected 15 Directors assumed Office on 09.06.2010 and two Directors have been co-opted as Professional Directors. The Directors of the Board are successful businessmen, Industrialists, Chartered Accountants, and Legal Experts. The Directors render their services honorarily since inception.

SRI RAMESH KUMAR BUNG

Chairman

He is associated with the Bank as Director, Vice-Chairman & Chairman over the past 1½ decade. A well-known Social Worker associated with many organizations viz.,

President	:	A.P. Co-op. Urban Banks & Credit Societies Association
President	:	A.P. Maheshwari Sabha
Chairman/Managing Trustee	:	Smt. Dhapi Bai Rampershad Bung Charitable Trust, Hyderabad
Managing Trustee	:	Sri Maheshwari Seva Trust, Hyderabad
		A.P. Marwadi Shiksha Kosh Trust
Managing Committee Member	:	Akhil Bhartiya Maheshwari Seva Sadan (Pushkar)
Trustee	:	Akhil Bhartiya Maheshwari Seva Trust, Indore
Convenor (A.P. Unit)	:	Sri Aditya Vikram Birla Memorial Vyapar Sahayog Kendra, Chennai
Convenor	:	A.P. Maheshwari Sabha Trust, Hyderabad
Ex-President	:	A.P. Maheshwari Yuva Sanghatan, Rajasthani Graduates Association & A.P. Marwadi Yuva Manch & A.P. Marwadi Sammelan
Ex-Vice President	:	All India Maheshwari Yuva Sanghatan.
Awards		"EXCELLENCE AWARD - BANKING" by Delhi Telugu Academy (A.P.) “YUVARATNA” by Akhil Bharatiya Marwadi Yuva Manch “BHARAT GOURAV” by Dharana Public Seva Trust (Udaipur). “MUNDVA VIBHUTI” by Marwad Mundva Nagrik Mandal (Hyd.)