Fisdom partners with Bank of Maharashtra to offer wealth management services


Fisdom, a wealth technology company, has partnered with Bank of Maharashtra (BoM) to offer wealth management products and services to over 29 million bank customers. This partnership involves distributing wealth management products and services through the bank’s network of more than 2,000 branches and its digital platforms, including the mobile banking app and internet banking.

Wealth management services will be made available to bank customers in physical and digital mode. This will allow the bank’s customers to invest in mutual funds through its mobile banking application, Maha mobile, and its online banking service.

Clients will be able to view all details relating to the funds and will also be able to monitor the performance of their investments in real time. Fisdom also plans to expand its product line, the wealth technology company said.

Additionally, the company said that several products including direct equity, pension funds, HNI wealth management products, among others, will be offered to its clients.

“This facility envisions allowing our customers to add varied options at their fingertips while allowing them to benefit from services under one roof. This will benefit our mutual fund clientele while providing them with opportunities through diversified portfolios. It also shows our commitment to digital delivery, which will surely add a boost to our digital journey in the days to come,” said AS Rajeev, MD & CEO, Bank of Maharashtra.

Anand Dalmia, co-founder of Fisdom, said: “We are delighted to partner with Bank of Maharashtra to deliver our full suite of wealth management offerings. We believe this strategic partnership will redefine wealth management for Bank of Maharashtra clients, as we promise them a unique and convenient investment experience. We look forward to partnering with various other banks in the near future and serving their clients with our innovative, technology-driven wealth management products and quality service delivery.”

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