satara is a city in the Satara District of the Indian state of Maharashtra. It lies near the confluence of the Krishna and the Venna rivers. The city was established in the 16th century and has been named after the seven forts (sat-tara) found in and around the city. Satara is famous for its sweet called kandi pedhe. It is located at the base of the famous Ajinkyatara fort. There is a unique statue of Shivaji standing near a canon (instead of riding a horse) in Satara. The city has centuries-old ancient palaces called Juna Rajwada and Nava Rajwada that are famous for its majestic grandeur. The Thoseghar Waterfalls and the Vajrai Waterfall in the vicinity of the city are famous tourist attractions. This growing city has a population of around 1.2 lakh people. It is well connected to all other cities in the vicinity through road and railways.
the Bank of Maharashtra was founded on 16 September 1935, at Pune and commenced its operations on 8 February 1936. In 1938, the second branch of the bank was opened at Fort, Bombay(currently Mumbai). The bank expanded rapidly after nationalization in 1969. In 1998, the bank had achieved autonomous status after moving into A category from C due to which it has limited interference of Government authority in its decision-making process and internal affairs. In 2004, it was listed in Bombay Stock Exchange and National Stock Exchange of India. In 1978, the new head office building was inaugurated by the late Prime Minister of India, Mr. Morarji Desai. In 1991, the Mahabank Farmer Credit card was introduced after the bank entered into domestic card business. In 2011, the first SHG branch was opened in Pune. In 2013, the Rupay Card was launched by Ms.Sonia Gandhi in New Delhi. In 2014, the number of BoM ATMs increased to 1827 by the addition of 1129 ATMs.In 2015, it reached the network of 1889 branches across India and launched Mahamobile as the mobile banking app. In 2016, the bank was awarded the Best Financial Inclusion Initiative by the IBA banking technology.