Bank of Maharashtra Fixed Deposit Rates
Bank of Maharashtra is one of the oldest banks in India. It was officially constituted in 1935. It provides a variety of Fixed Deposit (FD) schemes for its investors. These schemes required the investor to park a significant portion of funds within the bank for an interest income and high returns upon maturity.
Bank of Maharashtra provides Fixed Deposits for interest rates between the range of 2.75% p.a. to 6.70% p.a.
Bank of Maharashtra FD Rates Less than Rs.3 Crore
Given below are the latest Fixed Deposit (FD) interest rates from Bank of Maharashtra for deposits less than Rs.3 crore:
Period of Deposit | Interest rate for general citizens (p.a.) |
7 days to 30 days | 2.75% |
31 days to 45 days | 3.00% |
46 days to 90 days | 4.20% |
91 days to 119 days | 4.50% |
120 days to 180 days | 4.75% |
181 days to 270 days | 5.00% |
271 days to 364 days | 5.25% |
1 year | 6.20% |
Above 1 year to 2 years | 6.20% |
Above 2 years to 3 years | 6.20% |
Above3 years to 5 years | 6.10% |
Above 5 years | 6.10% |
366 Days | 6.70% |
555 days | 6.60% |
1777 days (Green Deposit) | 6.10% |
Note: The Bank of Maharashtra Fixed Deposit interest rates tend to change at the discretion of the bank. The rates given here are valid as of 26 February 2025.
Bank of Maharashtra Fixed Deposit Rates: Rs.3 crore to Rs.10 crore
Below are the current Fixed Deposit (FD) interest rates for deposits ranging from Rs.3 crore to Rs.10 crore, across various tenures and special schemes:
Period of Deposit | Interest rate for general citizens (p.a.) |
7 days to 30 days | 2.75% |
31 days to 45 days | 3.00% |
46 days to 90 days | 4.50% |
91 days to 119 days | 5.00% |
120 days to 180 days | 5.00% |
181 days to 270 days | 5.25% |
271 days to 364 days | 5.50% |
1 year | 6.20% |
Above 1 year to 2 years | 6.20% |
Above 2 years to 3 years | 5.50% |
Above 3 years to 5 years | 5.50% |
Above 5 years | 5.25% |
366 Days | N/A |
555 Days | N/A |
1777 days | 5.50% |
Note: The Bank of Maharashtra Fixed Deposit interest rates tend to change at the discretion of the bank. The rates given here are valid as of 27 July 2025.
Bank of Maharashtra Fixed Deposit Rates: Above Rs.10 crore
Here are the current Bank of Maharashtra FD rates for deposits over Rs.10 crore for general citizens:
Period of Deposit | Interest rate for general citizens (p.a.) |
7 days to 30 days | 2.65% |
31 days to 45 days | 3.50% |
46 days to 90 days | 4.75% |
91 days to 119 days | 5.00% |
120 days to 180 days | 5.25% |
181 days to 270 days | 5.50% |
271 days to 364 days | 5.75% |
1 year | 6.25% |
Above 1 year to 2 years | 6.20% |
Above 2 years to 3 years | 5.50% |
Above 3 years to 5 years | 5.25% |
Above 5 years | N/A |
*The Bank of Maharashtra Fixed Deposit interest rates tend to change at the discretion of the bank. The rates given here are valid as of 27 July 2025.
Bank of Maharashtra NRE FD Rates for Deposits below Rs.10 Crore
Tenure bracket | Regular FD rates (per annum) |
365 days/1 year | 6.20% |
Over 1 year to 2 years | 6.20% |
Over 2 years to 3 years | 6.20% |
Over 3 years to 5 years | 6.10% |
Over 5 years | 6.10% |
Special Schemes |
|
366 days | 6.70% |
555 days | 6.60% |
Note: The Bank of Maharashtra Fixed Deposit interest rates tend to change at the discretion of the bank. The rates given here are valid as of 27 June 2025.
Types of Deposit Schemes by Bank of Maharashtra
- Maha Saraswati
- Tax Saving Term Deposit
- Mahasanchay Deposit
Features & Benefits of Bank of Maharashtra Fixed Deposits
Some of the features and benefits of the BoM fixed deposits are as follows:
- Monthly and quarterly interest deposit schemes
- Tenure from one year to 10 years
- Minimum deposit of Rs.1,000
Eligibility Criteria
The eligibility criteria for BoM fixed deposits are as follows:
- Resident Indians
- Non-Resident Indians
- Minors
- Corporates
- Clubs
- Firms
FAQs on Bank of Maharashtra Fixed Deposit Rates
- What is the minimum deposit amount for a Bank of Maharashtra fixed deposit?
The minimum deposit amount for Bank of Maharashtra fixed deposits is Rs. 1000.
- Is it possible to change the tenure of my existing fixed deposit account with Bank of Maharashtra?
Once an FD is opened, it is not possible to change the tenure.
- Are there any special rates for senior citizens FD of Bank of Maharashtra?
Yes, senior citizens are offered 0.50% additional interest rate by the Bank of Maharashtra.
- Does the Bank of Maharashtra allow premature withdrawal of fixed deposits?
Yes, the Bank of Maharashtra allows premature withdrawal of fixed deposits. However, in such cases, interest is payable at the rate applicable to the period for which the deposit has been actually held.
- Do senior citizens get any additional rate of interest of Bank of Maharashtra fixed deposits?
Yes, senior citizens get an additional interest rate of 0.50% p.a. only on maturity slabs of 91 days and above for fixed deposits up to Rs. 5 crores.
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