The guard Rano Singh was injured when he confronted robbers on October 27 night.
The Goa police had honoured him with a certificate.
Singh was felicitated by Bank of Maharashtra executive director R K Gupta for his bravery and presented him a 'sanman patra' and a cash prize.
"Rano Singh's courage is commendable. We wholeheartedly appreciate his effort for putting his life at stake without falling down while foiling the robbery attempt," Gupta said.