Bank of Maharashtra joins hands with M1Xchange TReDS platform
18th Apr 2019

Bank of Maharashtra (BoM) has joined hands with M1Xchange Trade Receivables Discounting System (TReDS) platform for MSME bill discounting.

TReDS is a digital platform to support micro, small and medium enterprises (MSMEs) to get their bills financed at a competitive rate through an auction where multiple registered financiers can participate.

Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The Bank also offers services to agricultural and SME sectors.