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Bank of Maharashtra FD Interest Rate Calculator

Bank of Maharashtra FD online calculator will help you calculate the interest that your money will earn when kept in a fixed deposit in Bank of Maharashtra. This will give the details of investment that's the principal amount on maturity after the interest is compounded on days or a monthly, quarterly, half-yearly and yearly basis. To learn about how your fixed deposit earns interest and how much will be your earning at the end of the tenure chosen, Goodreturns online calculators will help you.

Bank of Maharashtra Fixed Deposit Interest Rates

Bank of Maharashtra fixed deposit is a great way to save money for a period of time, if you are looking at getting your invested money safely along with good returns on your investment, then fixed deposit is the way to go. Checking the Bank of Maharashtra fixed deposit interest rate and making the decisions is now very easy.


For domestic deposits - Above Rs. 5 cr to 100 crs

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
7 days to 45 days Above Rs. 5 cr to 100 crs 2.75 -
46 days to 90 days Above Rs. 5 cr to 100 crs 2.75 -
91 days to 180 days Above Rs. 5 cr to 100 crs 2.75 -
181 days to 270 days Above Rs. 5 cr to 100 crs 2.75 -
271 days to 364 days Above Rs. 5 cr to 100 crs 2.75 -
365 Days Above Rs. 5 cr to 100 crs 2.75 -
1 year to 3 years Above Rs. 5 cr to 100 crs 3.00 -
Above 2 year to 3 years Above Rs. 5 cr to 100 crs 3.00 -
Above 3 year to 5 years Above Rs. 5 cr to 100 crs 3.00 -
Over 5 years Above Rs. 5 cr to 100 crs 3.00 -

For domestic deposits - Less than Rs. 2 cr

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
7 days to 45 days Less than Rs. 2 cr 2.75 -
46 days to 90 days Less than Rs. 2 cr 3.25 -
91 days to 180 days Less than Rs. 2 cr 3.50 -
181 days to 270 days Less than Rs. 2 cr 3.75 -
271 days to 364 days Less than Rs. 2 cr 4.00 -
365 Days Less than Rs. 2 cr 4.25 -
1 year to 3 years Less than Rs. 2 cr 4.90 -
Above 2 year to 3 years Less than Rs. 2 cr 4.90 -
Above 3 year to 5 years Less than Rs. 2 cr 4.90 -
Over 5 years Less than Rs. 2 cr 4.90 -

For domestic deposits - Rs. 1 cr to 5 crs

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
7 days to 45 days Rs. 1 cr to 5 crs 2.75 -
46 days to 90 days Rs. 1 cr to 5 crs 2.75 -
91 days to 180 days Rs. 1 cr to 5 crs 2.75 -
181 days to 270 days Rs. 1 cr to 5 crs 2.75 -
271 days to 364 days Rs. 1 cr to 5 crs 2.75 -
365 Days Rs. 1 cr to 5 crs 2.75 -
1 year to 3 years Rs. 1 cr to 5 crs 3.00 -
Above 2 year to 3 years Rs. 1 cr to 5 crs 3.00 -
Above 3 year to 5 years Rs. 1 cr to 5 crs 3.00 -
Over 5 years Rs. 1 cr to 5 crs 3.00 -

Tax Saver Fixed Deposits

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
Mahabank Tax Saving Scheme - 5 Years Upto Rs. 1 lakh - -

For NRO Fixed Deposit - Above Rs. 5 cr to 100 crs

Maturity Period Deposit Amount Interest Rate
7 days to 45 days Above Rs. 5 cr to 100 crs 2.75
46 days to 90 days Above Rs. 5 cr to 100 crs 2.75
91 days to 180 days Above Rs. 5 cr to 100 crs 2.75
181 days to 270 days Above Rs. 5 cr to 100 crs 2.75
271 days to 364 days Above Rs. 5 cr to 100 crs 2.75
1 year to 3 years Above Rs. 5 cr to 100 crs 3.00
365 Days Above Rs. 5 cr to 100 crs 2.75
Above 2 year to 3 years Above Rs. 5 cr to 100 crs 3.00
Above 3 year to 5 years Above Rs. 5 cr to 100 crs 3.00
Over 5 years Above Rs. 5 cr to 100 crs 3.00

For NRO Fixed Deposit - Less than Rs. 2 cr

Maturity Period Deposit Amount Interest Rate
7 days to 45 days Less than Rs. 2 cr 2.75
46 days to 90 days Less than Rs. 2 cr 3.25
91 days to 180 days Less than Rs. 2 cr 3.50
181 days to 270 days Less than Rs. 2 cr 3.75
271 days to 364 days Less than Rs. 2 cr 4.00
365 Days Less than Rs. 2 cr 4.25
1 year to 3 years Less than Rs. 2 cr 4.90
Above 2 year to 3 years Less than Rs. 2 cr 4.90
Above 3 year to 5 years Less than Rs. 2 cr 4.90
Over 5 years Less than Rs. 2 cr 4.90

For NRO Fixed Deposit - Rs. 1 cr to 5 crs

Maturity Period Deposit Amount Interest Rate
7 days to 45 days Rs. 1 cr to 5 crs 2.75
46 days to 90 days Rs. 1 cr to 5 crs 2.75
91 days to 180 days Rs. 1 cr to 5 crs 2.75
181 days to 270 days Rs. 1 cr to 5 crs 2.75
271 days to 364 days Rs. 1 cr to 5 crs 2.75
365 Days Rs. 1 cr to 5 crs 2.75
1 year to 3 years Rs. 1 cr to 5 crs 3.00
Above 2 year to 3 years Rs. 1 cr to 5 crs 3.00
Above 3 year to 5 years Rs. 1 cr to 5 crs 3.00
Over 5 years Rs. 1 cr to 5 crs 3.00

How can an individual open a Fixed Deposit with Bank of Maharashtra?

Bank of Maharashtra customers can open a Fixed Deposit either by directly walking into the nearest branch of the bank.

One can even open an FD account with the bank through the internet or phone banking. Individuals can use FD as a medium of investment to save for short or medium or long-term purpose.

The bank usually charges a premature withdrawal penalty for those deposits which are withdrawn before the end of the maturity period. One can avail loan or overdraft on the fixed deposits to the tune of 90%.

Interest rates in Bank of Maharashtra vary from 4.25% - 6.60%. Maturity value varies as per the tenure and interest rate of the deposits which is subject to change at a regular interval of time. The customer can choose for interest payouts either on the monthly or quarterly basis.

Bank of Maharashtra Fixed Deposit Calculator

The fixed deposit calculator of Bank of Maharashtra is used as a calculative tool to arrive at the end value of the fixed deposit scheme. The calculators provide precise maturity value on entering the initial deposited amount, the term of the deposit and interest rate. These calculators are handy in nature as it helps the investors to know the interest rate yields which gets added on the principal amount at the completion of every quarter during the term of the deposit scheme.

An investor has to check all the values correctly before arriving at the exact maturity value. Lower interest rates fetch fewer returns and huge interest rates will fetch higher returns. Recently, the Reserve Bank of India has hiked the interest rates and thus making the fixed deposits one of the attractive investment options in the current scenario.

Public Sector / Nationalized Banks
Indian Private Sector Banks
Foreign Banks
Cooperative Banks
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