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Bank of Maharashtra (One Family One Bank Mahayana) REQUEST FOR PROPOSAL FOR Appointment of Consultant for ATM switch & Related Services TENDER REFERENCE NO: 072010 Central Office, NONMANUAL 1501,
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One family one bank is a concept where a single bank account is used by all family members to manage their finances.
Any family who wishes to consolidate their finances and manage them collectively may choose to implement one family one bank.
To set up one family one bank, all family members must agree to pool their finances into a single account and designate a primary account holder.
The purpose of one family one bank is to simplify financial management for the entire family and allow for better tracking of expenses and savings.
Information such as income, expenses, savings, and investments of all family members must be reported on one family one bank.
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