I doubt that the upcoming generation may see the bank ques. The option of net banking has made banking easy for people. You don’t have to visit an ATM or bank to check your bank balance or transfer money to other beneficiaries. All this can get done while on the go with the help of a net banking facility. The only thing that annoys few people is closing a bank account because a customer needs to visit the bank for this process. Closing a bank account online is not a practical process till now, but we don’t know about the future. Here in this post, we have all the details related to How to close Bank of Maharashtra account online?
Article | Bank of Maharashtra Account Closing Form |
Bank | Bank of Maharashtra |
Beneficiary | Bank of Maharashtra Customers |
Language | English |
Form PDF Download | Download Here |
The Bank of Maharashtra is a nationalized bank owned by the Indian government’s Ministry of Finance. As of 25the March 2021, the bank had 15 million customers and 1,900 branches across the country. In Maharashtra, it has the greatest network of branches of any nationalized bank.
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How to close Bank of Maharashtra account online
Bank of Maharastra provides a net banking facility to its customers. But closing bank account online is not practical. If you have been searching for a way to close bank account online, you might not have found enough information. In this post, we will take you to all you need to know about ‘How to close Bank of Maharashtra account online?’ go through the stepwise procedure given below:
- Collect the account closure form: First you have to get the account closure form. The account closure form is available at your nearest bank branch, or you can download the form online.
- Fill the account closure form: Next, fill in the requested details in the account closure form.
- Submission of KYC documents: The customer must also submit the KYC documents when closing the bank account. The Bank of Maharastra KYC documents at the time of closing the account includes a Pan card or aadhar card. Therefore, the KYC documents have to be self-attested as well.
- Submit Passbook and debit card: A customer must submit the passbook, balance cheque leaves, and debit card when closing the bank account.
- Withdrawal of the remaining balance in the Bank Account: When closing a bank account, the documents submitted by the customer gets verified by the bank, and the bank official requests to withdraw the remaining balance in the bank account. You can quickly transfer or withdraw the remaining bank balance via dd, cheque, or you can even transfer the balance to another account. Cash withdrawal is also an option if you want to withdraw the amount in the withdrawal limit.
Using registered email identity/number, banks often send an email or SMS after closing the bank account. Using the method mentioned above, you can close your current as well as your savings bank account.
Important Note: Bank of Maharashtra does not allow closing bank account online. A customer who wants to close bank account has to visit the bank to complete the process.
Bank of Maharashtra account closure form online PDF Format.
Use the Bank of Maharashtra Bank Account Closure Form in PDF format to close your Bank of Maharashtra Bank account. Below is a link to the account closure pdf file that you can download. You can find all of the information you need to close an account with the Bank of Maharashtra Bank in the closure form. You’ll also find instructions and information on how to fill it out.
You can also read about the Stepwise Procedure On How To Close Indian Overseas Bank Account Online?
Application Format To Close Bank of Maharashtra Account
You can also request that your Bank of Maharashtra bank account be closed by contacting the branch manager. Below is the application form for closing a Bank of Maharashtra bank account. Then, submit your request to shut your bank account to the respective Bank of Maharashtra branch official in the same format.
To, The Bank Manager, Bank of Maharashtra Branch Name Branch Address Subject: Request to Close Bank of Maharashtra bank account. Sir/Madam, I want to close my savings bank account with Bank of Maharashtra. It is difficult for me to maintain the minimum balance; also, I have opened a new bank account with some other bank. My Bank of Maharashtra savings bank account details are account number [___], IFSC code [____], and account holder name [___]. Kindly consider this closure application request as early as possible. Thank you Yours sincerely [Name] [Signature]
Bank of Maharashtra Minimum Account Balance
Below given are the Bank of Maharashtra minimum account balance:
Bank of Maharashtra Type of Savings Account | Minimum Balance Requirement in the Bank Account |
Mahabank Purple Savings account | The minimum Monthly Average Balance is Rs. 3,00,000/- |
Mahabank Royal Savings Account | The minimum Monthly Average Balance is Rs 1,00,000/- |
Mahabank Lok Bachat Yojana | There is no specific amount for account opening. It can even be Re. 1/- |
Mahabank Yuva Yojana | Rs. 10 Only |
Mahabank Savings Bank Scheme | Should be maintained on a monthly average basis. |
Conclusion
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