Sevarth Mahakosh

Sevarth Mahakosh Portal is a one-stop solution for all state government employees' financial transactions and service requests. This portal lets employees access their salary slips, GPF statements, and other substantial employment information. This article will teach about the Sevarth Mahakosh portal and its features and benefits.

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Disclaimer: ##Rs 60,000 are the monthly pension amounts at the assumed rate of return of 8% p.a. and 4% p.a. for unit linked insurance plans. This is an illustrative example and the returns are not guaranteed & dependent on the policy term and premium term availed along with the other variable factors. The market linked return of 60K per month is for an 18 year old investing 6k per month for 20 years in a whole life policy having policy term 82 years in which Systematic partial withdrawals start at the age of 65 years at 5% rate of withdrawal per year. The investment risk in the policy is borne by the policyholder. All Plans listed here are of insurance companies’ funds. *Tax benefits and savings are subject to changes in tax laws. All Plans listed here are of insurance companies’ funds. Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

What is Sevarth Mahakosh?

Sevarth Mahakosh is a user-friendly digital platform developed by the government of Maharashtra, India. It aims to streamline state government employees' financial transactions and service requests.

Sevarth is an online portal that provides a range of services related to the following:

  • Employees' Payroll

  • Salary Statements

  • Provident Fund Statements

  • Income Tax Statements

  • Other Financial Transactions

The platform aims to reduce the manual paperwork and the time and effort involved in processing government employee salaries and related financial activities.

Features of Sevarth Mahakosh

Sevarth Mahakosh Portal is a comprehensive digital platform that offers a range of features and services to Maharashtra state government employees.

Some of the key features of the Mahakosh Sevarth portal include the following:

Features Details
Salary Slip/ Payroll
  • Allows the employees to access their monthly salary slips
  • Provides access to other financial statements online
Dashboard A user-friendly dashboard that provides a summary of all the financial transactions and activities
Bill Payment Facility to pay various bills, including electricity, water, and phone bills, through online mode
E-Receipts Employees can generate e-receipts for all the financial transactions made through the portal
Leave Management Allows the employees to apply for leave and check their leave balance
Niwruttivetanwahini/ Old Pension Scheme Facility the pensioners to view and manage their pension accounts online
Koshwahini An MIS portal for Expenditure and Receipts of state government
DCPS and NPS Employees can maintain and submit their contributions in the following:
  • Defined Contribution Pension Scheme (DCPS) and 
  • National Pension Scheme (NPS) 
GPF Group-D Management Allows the Group-D employees to view and manage their General Provident Fund (GPF) accounts online
Loans and Advances
  • Disburses loans and advances sanctioned to employees by the state government
  • Recovers the loans/ advances as per prevailing rules and regulations
Income Tax Management Employees can access their income tax statements and other related documents

Mahakosh Sevarth Login

To log in to the Sevarth Mahakosh portal, you can follow the simple steps mentioned below:

Step 1: Visit the Sevarth Mahakosh portal at https://mahakosh.gov.in/Sevaarth/

Step 2: On the homepage, click on the "Login" button in the top right corner

Step 3: Select the appropriate user type, i.e., Employee/Pensioner/Department Login

Step 4: Enter your User ID and Password in the respective fields

Step 5: Type in the captcha code displayed on the screen

Step 6: Click on the "Login" button to access your account

For First-Time Users:

Step 1: Go to the official website of Mahakosh Sevarth at https://mahakosh.gov.in/Sevaarth/

Step 2: Click on the "Register" button in the top right corner of the homepage

Step 3: Enter your credentials such as:

  • Name

  • Email ID

  • Mobile number

  • Department details

Step 4: Create your User ID and Password

Step 5: Enter the captcha code shown on the screen

Step 6: Click on the "Register" button

How to Get Sevarth Mahakosh Payment Slip?

To get your Sevarth Mahakosh Payment Slip, follow these steps:

Steps  Details
Step 1 Visit the Sevarth Mahakosh Portal at https://mahakosh.gov.in/Sevaarth/
Step 2 Login to your account using your User ID and Password
Step 3 Once you are logged in, click on the "Employee Services" tab from the top menu
Step 4 From the drop-down menu, select “Pay Slip”
Step 5 Select the financial year and the month for which you want to download the payment slip
Step 6 Click on the "Download" button to generate and download your payment slip

The payment slip contains the following details for the selected month:

  • Your basic salary

  • Allowances

  • Deductions

  • Net pay for the month

How to Change/ Reset Sevarth Mahakosh Password?

To change or reset your Sevaarth Mahakosh password, you can follow these steps:

  • Visit the Sevarth Mahakosh Portal at https://mahakosh.gov.in/Sevaarth/.

  • Click on the "Login" button in the top right corner of the homepage.

  • Select the appropriate user type, i.e., Employee/Pensioner/Department Login.

  • Click the “Forgot Password” link below the login button.

  • Enter your registered User ID and click the "Submit" button.

  • Answer the security question and click the "Submit" button.

  • You will receive an OTP (One-Time Password) on your registered mobile number.

  • Enter the OTP in the provided space and click the "Submit" button.

  • You can now create a new password and confirm the same.

  • Click the "Submit" button to save the new password.

Follow the instructions to change your password. Create a strong password with a combination of letters, numbers, and special characters to ensure account security.

Benefits and Services Provided in Sevarth Mahakosh

Some of the key benefits and services offered by the Sevarth Mahakosh portal include:

  • Online access to salary slips

  • Employees can pay various bills, like electricity, water, and phone bills

  • Group-D employees of the Maharashtra Government can view and manage their General Provident Fund (GPF) accounts

  • Employees can access their income tax statements

  • Employees can apply for leave

  • Pensioners can view and manage their pension accounts

  • Employees can generate e-receipts for all the financial transactions on the Sevarth Mahakosh portal

  • User-friendly dashboard

  • Sevaarth portal ensures transparency and accuracy in the financial system

Wrapping It Up

Sevarth Mahakosh Portal transforms the way government services are provided in the state of Maharashtra.

The Koshwahini section of Sevarth Mahakosh is an essential component of the portal. It has been designed to be user-friendly and efficient, providing a convenient and effective solution for managing the financial activities of state government employees.

FAQ's

  • How to check the salary slip on Mahakosh?

    To check your salary slip on Mahakosh, follow these steps:
    • Visit the Sevarth Mahakosh portal

    • Log in to your account using your User ID and Password.

    • Once logged in, click on the "Employee Services" tab from the top menu.

    • From the drop-down menu, select "Pay Slip."

    • Select the financial year and month for which you want to view your salary slip.

    • Click the "Download" button to generate and download your salary slip.

  • How do I log into Mahakosh Sevarth?

    To log into the Mahakosh Sevarth portal, follow these steps:
    • Go to the official website of Mahakosh Sevarth at https://mahakosh.gov.in/Sevaarth/.

    • Click on the "Login" button in the top right corner of the homepage.

    • Select the appropriate user type, i.e., Employee/Pensioner/Department Login.

    • Enter your User ID and Password.

    • Enter the captcha code shown on the screen.

    • Click on the "Login" button.

  • What is a pay slip in salary?

    A pay slip or a salary slip is a document that an employer provides to an employee detailing their earnings and deductions for a specific pay period. 

    A pay slip typically includes information such as:

    • Employee's gross pay (i.e., total earnings before deductions)

    • Deductions made for taxes

    • Insurance, and other benefits

    • Net pay or take-home pay the employee receives after all deductions

  • How can I download the salary slip from Mahakosh?

    To download your salary slip from Mahakosh, follow these steps:
    • Visit Mahakosh Sevarth portal

    • Log in with your User ID and Password

    • Click on the main menu and select the "Employee Services" tab

    • Select the "Pay Slip" tab from the drop-down menu

    • Select the following details: 

    • Financial Year

    • Month for which you want to view your salary slip

    • Click on "Download". This will download your salary slip in PDF format

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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