Latest Events

BOMOO Relief Support Update – Himachal Pradesh

Today’s Business Standard highlights the efforts made by BOMOO regarding officer safety and the recent directive issued by DFS to all State Governments. We welcome this vital step taken through the intervention of the Department of Financial Services (DFS). This directive will boost officer morale, ensure hassle-free customer service, and restore public confidence. Timely support from local authorities will help keep banking operations uninterrupted and secure. We remain committed to ensuring a secured environment for Bank staff and facilitate the effective delivery of Banking services to customers.

#BOMOO #BankStaffSafety #PublicService

BOMOO Relief Support Update – Himachal Pradesh

Dear Brothers & Sisters,

As part of our flood relief initiative, BOMOO, with the support of Seva Bharati Himachal volunteers, distributed essential items to 46 affected families in two panchayats.

The distribution was carried out by Seva Bharati Karyakartas.

Sincere thanks to all officers and executives who contributed. Your support is reaching the remotest villages through committed Karyakartas.

🙏🙏🙏
With warm regards,
Santosh K. Gadade
General Secretary, BOMOO
(Affiliated to BMS & NOBO)

Standing with the Flood-Affected Families in North India

Dear Brothers and Sisters,

As we are all aware, our northern states — Punjab, Himachal Pradesh, Jammu & Kashmir, and Uttarakhand have been severely affected by natural calamities triggered by heavy rainfall and flooding.

In this hour of crisis, Bank of Maharashtra Officers’ Organisation (BOMOO) called upon its members to contribute voluntarily for the relief and rehabilitation of those affected.

💠 We are pleased to inform you that the donation amounts collected from officers have been remitted to Seva Bharti, a NGO doing commendable work in the field.

To further strengthen our involvement, on 21st September 2025, BOMOO members from our Ludhiana Unit —

Shri B. S. Chahar, JGS , Shri Jasvinder Singh, Activist, Shri Barandeep Singh, Activist of BOMOO visited Dera Baba Nanak (Dist. Gurdaspur, Punjab) with the Seva Bharti Punjab team and distributed:

Blankets
Mosquito Nets
Study material for students
Mattresses and Cots

We herein sharing photographs of same.

We take this moment to thank all officers , Executives and relatives of staff who contributed with such compassion. Your donations have made a real and visible difference in the lives of the flood-affected families.

Let us continue to stay united in service and solidarity.

🙏🙏🙏🙏🙏

With warm regards,

Santosh K. Gadade

General Secretary

Bank of Maharashtra Officers’ Organisation (BOMOO)

(Affiliated to BMS & NOBO)

Request to Finance Minister to Amend IT Act

BOMOO has submitted a strong representation to the Hon’ble Finance Minister, requesting amendment to Section 17(2)(viii) of the Income Tax Act to exempt leased accommodation and concessional staff loans from perquisite taxation.

This issue affects lakhs of public sector bank officers, causing heavy tax burdens and disparity. The representation highlights officers’ service conditions, judicial constraints, and the urgent need for legislative correction. With guidance from BMS and NOBO, BOMOO reaffirms its commitment to officer welfare, fairness, and morale across the banking sector.

Landmark Achievement in NPS - Now Choose your own Fund Manager & Investment Pattern

BOMOO is proud to announce a landmark achievement for Bank of Maharashtra employees under the National Pension System (NPS): staff can now choose their own Pension Fund Manager (PFM) and select their preferred investment pattern.

This victory follows years of persistent advocacy, formal representations to PFRDA and the Hon’ble Finance Minister, and strong support and guidance from BMS, NOBO, and Bank management. BOMOO thanks the MD & CEO, Executive Directors, and HRM Department for making this employee-centric reform a reality, reaffirming our commitment to safeguarding officers’ rights and financial well-being.

The Deduction for Employer Contribution Increased to 14%

Dear Brothers & Sisters ,

Congratulations to you All
We are pleased to inform you that BOMOO’s efforts have paid off! Following our letter to the Hon’ble Smt. Nirmala Sitharaman Minister of Finance and Corporate Affairs Government of India, on 11.12.2023, the Government has approved a significant change in the Budget 2024-25. The deduction for non-government employer contributions ( Earlier it was applicable to only Central Govt & State Govt Employees) to the New Pension Scheme (NPS) has been increased from 10% to 14% of the employee’s salary.

Thank you for your continued support.
💐💐💐💐
Best regards,
Santosh K Gadade
General Secretary
BOMOO

Download PDF of BOMOO Letter to Finance Minister

Update on NPS Flexibility and Fund Manager Choice for Bank Employees

BOMOO is actively advocating for enhanced flexibility in the National Pension System (NPS) for our members. We are pushing for the right of bank employees to choose their NPS fund manager and adjust their asset allocation according to personal financial goals, as per available government guidelines. This flexibility would empower members to take control of their retirement planning, ensuring better alignment with individual risk preferences and long-term needs.

BOMOO has brought this matter to the attention of Management and we are committed to providing regular updates on our progress. We encourage all members to stay informed and engaged on this issue, as we continue to work towards securing the best possible options for your retirement planning.

For ongoing updates, follow our daily posts on social media. (Facebook, Twitter)

Blood Donation Camp at Chhatrapati Sambhajinagar

Considering the acute shortage of blood in the city, BOMOO Chhatrapati Sambhajinagar organized Blood Donation Camp in co-operation with Dattaji Bhale Blood Bank, Chhatrapati Sambhajinagar

BOMOO Diary Distribution 2024

Celebrating Harvest with Sweetness: BOMOO’s Telephone Dairy and Tilgul Festivities for Makar Sankranti 2024.”

47th Foundation day celebration

Blanket Distribution at Vrudhashram

To celebrate our 47th Foundation Day, the Amravati BOMOO unit shared the gift of warmth by distributing blankets at Vruddhashram

BOMOO Officer Smart Book

“Unlock Your Path to Success: Introducing BOMOO’s Smart Officer Book for Inter-Scale Promotion Exam”

“With Founder’s Blessings: BOMOO’s Smart Officer Book for Inter-Scale Promotion Exam 2024.

Launch of the Brail Script Telephone Diary

Empowering Connections: BOMOO’s Momentous Launch of the Brail Script Telephone Diary. In a landmark event, our MD & CEO proudly presents this innovative tool, designed to bridge communication gaps and foster inclusivity. Join us in celebrating this milestone towards accessible and inclusive banking for all!