Banking, wealth, forex & trade services

Bank of Maharashtra DEMAT Services

depository-participant service for holding, transferring, pledging and managing securities in dematerialised form.

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Bank of Maharashtra DEMAT Services

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Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you this type of customer: The official page lists permitted individual, institutional, NRI and foreign applicant categories?

Published source: Eligibility

2Do you meet this requirement: proprietorships, partnerships and unregistered societies or trusts cannot open a demat account?

Published source: Eligibility

3Do you meet this requirement: Applicant must maintain a Bank of Maharashtra core-banking account?

Published source: Eligibility

4Do you meet this requirement: joint accounts may have up to three holders?

Published source: Eligibility

5Do you meet this requirement: Individuals, HUFs, NRIs, companies, societies, trusts, recognised funds, foreign institutional investors, banks, mutual funds and other permitted applicants?

Published source: Customer type

6Document checkDo you have this required document or proof: PAN for all joint holders?

Published source: Eligibility

7Document checkDo you have this required document or proof: Identity and correspondence/permanent address proof?

Published source: Eligibility

8Document checkDo you have this required document or proof: Dividend and charge-account details?

Published source: Eligibility

9Document checkDo you have this required document or proof: Photographs, financial-status income range and constitution documents?

Published source: Eligibility
0 of 9 answeredAnswer the remaining questions to see your checklist result.
Manually checked 1 Sept 2026 · active
Offered byBank of Maharashtra

India; services through core-banking branches where the Bank of Maharashtra account is maintained

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Account structureGlobal Edge combines Spend (current), Reserve (savings) and Growth (31-day fixed deposit) accounts. Third-party transactions are routed through Spend.View source
The official page describes the three-account bouquet and transaction restrictions.
Source
Global Edge Savings Account
Page / section
What is Global Edge Savings?
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Minimum balanceAQB ₹10,000 in the Spend account.View source
The page publishes of ₹10,000 in Spend.
Source
Global Edge Savings Account
Page / section
Initial deposit and
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Published ratesReserve earns the prevailing domestic savings-deposit rate. Growth is a 31-day FD at the prevailing retail term-deposit card rate; the page currently displays 3.00% p.a. for 31 days.View source
Rates are time-sensitive; the page distinguishes the prevailing rates and displays the current 31-day illustration.
Source
Global Edge Savings Account
Page / section
Reserve and Growth rates
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Demat chargesThe reviewed demat page (charge schedule dated 01.02.2016) publishes AMC ₹500 p.a. for individuals/NRI/HUF/trust, ₹150 p.a. for existing or retired staff and ₹1,000 p.a. for others; dematerialisation ₹2 per certificate with ₹25 minimum per request; transaction debit 0.03% subject to ₹25 minimum and ₹500 maximum.View source
The page labels this schedule as applicable on 01.02.2016; current charges should be reconfirmed before opening.
Source
DEMAT Services
Page / section
Charges; schedule dated 01.02.2016
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Professional-account insurance coverPro Biz Prime publishes ₹2 lakh personal accident and total-disability cover; Pro Biz Supreme publishes ₹10 lakh.View source
The two official application pages publish separate cover amounts by tier.
Source
Pro Biz Prime and Supreme current accounts
Page / section
Features and benefits
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Service typeCDSL depository-participant service for holding and processing securities in dematerialised form.View source
The page states that Bank of Maharashtra has been a depository participant since 1999.
Source
DEMAT Services
Page / section
Services rendered
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
ChannelsCore-banking branches where the Bank of Maharashtra account is maintained; parent branch, Mahabank Facilitation Center and Demat Cell Pune support queries and requests.View source
The official page lists branch, facilitation-center and Demat Cell channels.
Source
DEMAT Services
Page / section
Channels available for demat services
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
AvailabilityIndia; services through core-banking branches where the Bank of Maharashtra account is maintainedView source
The manually reviewed product record states: “India; services through core-banking branches where the Bank of Maharashtra account is maintained”.
Source
Bank of Maharashtra DEMAT Services — official product page
Page / section
Published product metadata
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
EligibilityThe official page lists permitted individual, institutional, NRI and foreign applicant categories; proprietorships, partnerships and unregistered societies or trusts cannot open a demat account.; Applicant must maintain a Bank of Maharashtra core-banking account; joint accounts may have up to three holders.View source
The manually reviewed product record states: “The official page lists permitted individual, institutional, and foreign applicant categories; proprietorships, partnerships and unregistered societies or trusts cannot open a demat account.; Applicant must maintain a Bank of Maharashtra core-banking account; joint accounts may have up to three holders.”.
Source
Bank of Maharashtra DEMAT Services — official product page
Page / section
Published product metadata
Accessed
1 Sept 2026
Confidence
high
Open official source ↗
Customer typeIndividuals, HUFs, NRIs, companies, societies, trusts, recognised funds, foreign institutional investors, banks, mutual funds and other permitted applicantsView source
The manually reviewed product record states: “Individuals, , , companies, societies, trusts, recognised funds, foreign institutional investors, banks, mutual funds and other permitted applicants”.
Source
Bank of Maharashtra DEMAT Services — official product page
Page / section
Published product metadata
Accessed
1 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Bank is a depository participant since 1999
  • Dematerialisation, rematerialisation, delivery, pledge/unpledge, freeze/unfreeze and transmission
  • Real-time inter-depository transfers and automatic credit receipts
  • Free EASI viewing facility; EASIEST execution at nominal cost
  • Monthly transaction and quarterly holding statements
  • Securities can be pledged for Bank loans

Eligibility

  • The official page lists permitted individual, institutional, and foreign applicant categories; proprietorships, partnerships and unregistered societies or trusts cannot open a demat account.
  • Applicant must maintain a Bank of Maharashtra core-banking account; joint accounts may have up to three holders.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • for all joint holders
  • Identity and correspondence/permanent address proof
  • Dividend and charge-account details
  • Photographs, financial-status income range and constitution documents
  • Nomination choice and nominee details

Related official documents

DEMAT Servicesofficial-product-page · current-reference-with-charge-date · accessed 1 Sept 2026

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