Welcome to Bank of Maharashtra's Integrated Payment Solution - Maha-Payments...Auto
Debit Mandate.
Payments entail a broad spectrum of requirements, with constantly varying payment formats and systems. While paper-based payments currently constitute a majority of payment modes in the country, electronic-payments are fast gaining importance.
Managing these constantly evolving and varied requirements, while seeking to effect your payments in a timely and accurate manner, is an administrative burden that your company would like to do away with - but at the same time your company would like to ensure that your internal guidelines and controls are in place.
Our product suite includes the entire array of paper and electronic based payment mechanisms offered in the country. We provide you a single processing window for initiating, tracking, reconciling and managing both your paper-based as well as electronic payments in a convenient and secure manner through our online delivery channel – Maha-Payments
Key Features of Maha-Payments...
- A single point of entry for real-time information & transaction - execution for all your accounts.
- Solution for online creation or file uploads of payment instructions for execution through varied modes like Cheques, Drafts, RTGS, NEFT & Account Transfers.
- Options for instruction level or file level authorization or pre-authorized modes of initiation.
- Flexible and scalable authorization matrix permitting multiple authorizing levels.
- Availability of varied Account Statements and Reverse MIS files for automated reconciliation within your systems.
- Safety and security through two-factor authentication.
- Industry benchmark security through 128 bit SSL encryption.
- Secured Login with Digital Certificate.
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