Bank of Maharashtra FD Interest Rate and Calculator

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.

Less than Rs. 3 cr

Tenure	Deposit Amount	General	Senior Citizen
7 - 30 days	Below 3 Cr	2.60	3.10
31 - 45 days	Below 3 Cr	2.75	3.25
46 - 90 days	Below 3 Cr	3.75	4.25
91 - 119 days	Below 3 Cr	4.00	4.50
120 - 180 days	Below 3 Cr	4.75	5.25
181 - 270 days	Below 3 Cr	5.00	5.50
271 - 364 days	Below 3 Cr	5.25	5.75
365 Days	Below 3 Cr	6.40	6.90
1 Yr - 2 Yrs	Below 3 Cr	6.15	6.65
2 Yr - 3 Yrs	Below 3 Cr	5.25	5.75
3 Yr - 5 Yrs	Below 3 Cr	5.00	5.50
5 Yrs	Below 3 Cr	5.00	5.50

Rs 3 cr to 10 cr

Tenure	Deposit Amount	General	Senior Citizen
7 - 30 days	3 Cr to 10 Cr	2.60	3.10
31 - 45 days	3 Cr to 10 Cr	2.75	3.25
46 - 90 days	3 Cr to 10 Cr	3.75	4.25
91 - 119 days	3 Cr to 10 Cr	4.00	4.50
120 - 180 days	3 Cr to 10 Cr	5.00	5.50
181 - 270 days	3 Cr to 10 Cr	5.25	5.75
271 - 364 days	3 Cr to 10 Cr	5.75	6.25
365 Days	3 Cr to 10 Cr	6.40	6.90
1 Yr - 2 Yrs	3 Cr to 10 Cr	6.20	6.70
2 Yr - 3 Yrs	3 Cr to 10 Cr	5.50	6.00
3 Yr - 5 Yrs	3 Cr to 10 Cr	5.25	5.75
5 Yrs	3 Cr to 10 Cr	5.25	5.75

Above 10 cr to 100 cr

Tenure	Deposit Amount	General	Senior Citizen
7 - 30 days	10 Cr to 100 Cr	2.60	3.10
31 - 45 days	10 Cr to 100 Cr	3.00	3.50
46 - 90 days	10 Cr to 100 Cr	4.00	4.50
91 - 119 days	10 Cr to 100 Cr	4.25	4.75
120 - 180 days	10 Cr to 100 Cr	5.00	5.50
181 - 270 days	10 Cr to 100 Cr	5.25	5.75
271 - 364 days	10 Cr to 100 Cr	5.75	6.25
365 Days	10 Cr to 100 Cr	7.20	7.70
1 Yr - 2 Yrs	10 Cr to 100 Cr	6.15	6.65
2 Yr - 3 Yrs	10 Cr to 100 Cr	5.25	5.75
3 Yr - 5 Yrs	10 Cr to 100 Cr	5.00	5.50

Above 100 cr to 300 cr

Tenure	Deposit Amount	General	Senior Citizen
7 - 30 days	100 Cr to 300 Cr	2.60	3.10
31 - 45 days	100 Cr to 300 Cr	3.00	3.50
46 - 90 days	100 Cr to 300 Cr	4.00	4.50
91 - 119 days	100 Cr to 300 Cr	4.25	4.75
120 - 180 days	100 Cr to 300 Cr	5.00	5.50
181 - 270 days	100 Cr to 300 Cr	5.25	5.75
271 - 364 days	100 Cr to 300 Cr	5.50	6.00
365 Days	100 Cr to 300 Cr	7.20	7.70
1 Yr - 2 Yrs	100 Cr to 300 Cr	6.15	6.65
2 Yr - 3 Yrs	100 Cr to 300 Cr	5.25	5.75
3 Yr - 5 Yrs	100 Cr to 300 Cr	5.00	5.50

Above 300 cr to 400 cr

Tenure	Deposit Amount	General	Senior Citizen
7 - 30 days	300 Cr to 400 Cr	2.60	3.10
31 - 45 days	300 Cr to 400 Cr	3.00	3.50
46 - 90 days	300 Cr to 400 Cr	4.00	4.50
91 - 119 days	300 Cr to 400 Cr	4.25	4.75
120 - 180 days	300 Cr to 400 Cr	5.00	5.50
181 - 270 days	300 Cr to 400 Cr	5.25	5.75
271 - 364 days	300 Cr to 400 Cr	5.50	6.00
365 Days	300 Cr to 400 Cr	7.20	7.70
1 Yr - 2 Yrs	300 Cr to 400 Cr	6.15	6.65
2 Yr - 3 Yrs	300 Cr to 400 Cr	5.25	5.75
3 Yr - 5 Yrs	300 Cr to 400 Cr	5.00	5.50

above Rs. 400 cr

Tenure	Deposit Amount	General	Senior Citizen
7 - 30 days	above 400 Cr	2.60	3.10
31 - 45 days	above 400 Cr	3.00	3.50
46 - 90 days	above 400 Cr	4.00	4.50
91 - 119 days	above 400 Cr	4.25	4.75
120 - 180 days	above 400 Cr	5.00	5.50
181 - 270 days	above 400 Cr	5.25	5.75
271 - 364 days	above 400 Cr	5.50	6.00
365 Days	above 400 Cr	7.20	7.70
1 Yr - 2 Yrs	above 400 Cr	6.15	6.65
2 Yr - 3 Yrs	above 400 Cr	5.25	5.75
3 Yr - 5 Yrs	above 400 Cr	5.00	5.50

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.

FAQs

What is the highest Bank of Maharashtra FD rate today?

The highest Bank of Maharashtra FD rate for general citizens is 6.40% p.a. and 6.90% p.a. for senior citizens, on deposits below Rs. 3 crore. This rate applies to the 365 Days tenure.

What is the lowest Bank of Maharashtra FD rate today?

The lowest Bank of Maharashtra FD rate for general citizens is 2.60% p.a. and 3.10% p.a. for senior citizens, applicable on the 7 - 30 days tenure, for deposits below Rs. 3 Crore.

What is the Bank of Maharashtra FD rate for 1 year?

The Bank of Maharashtra FD rate for the 1 Yr - 2 Yrs tenure is 6.15% p.a. for general citizens and 6.65% p.a. for senior citizens, for deposits below Rs. 3 Crore.

What is the Bank of Maharashtra FD rate for 2 years?

The Bank of Maharashtra FD rate for the 1 Yr - 2 Yrs tenure is 6.15% p.a. for general citizens and 6.65% p.a. for senior citizens, for deposits below Rs. 3 Crore.

What is the Bank of Maharashtra FD rate for 3 years?

The Bank of Maharashtra FD rate for the 2 Yr - 3 Yrs tenure is 5.25% p.a. for general citizens and 5.75% p.a. for senior citizens, for deposits below Rs. 3 Crore.

What is the Bank of Maharashtra FD rate for 5 years?

The Bank of Maharashtra FD rate for the 3 Yr - 5 Yrs tenure is 5.00% p.a. for general citizens and 5.50% p.a. for senior citizens, for deposits below Rs. 3 Crore.

What is the minimum tenure for a Bank of Maharashtra FD?

The minimum tenure for a Bank of Maharashtra FD is 7 - 30 days, offering 2.60% p.a. for general citizens and 3.10% p.a. for senior citizens, for deposits below Rs. 3 Crore.

How much extra interest do senior citizens get on Bank of Maharashtra FDs?

Senior citizens get an additional 0.50% p.a. over the general FD rate across almost all Bank of Maharashtra tenures.

What is the Bank of Maharashtra FD interest rate for general citizens?

Bank of Maharashtra offers fixed deposit interest rates ranging from 2.60% to 6.40% p.a. for general citizens, depending on the deposit tenure chosen, on deposits below Rs. 3 Crore.

What is the Bank of Maharashtra FD interest rate for senior citizens?

Bank of Maharashtra offers fixed deposit interest rates ranging from 3.10% to 6.90% p.a. for senior citizens, depending on the deposit tenure chosen, on deposits below Rs. 3 Crore.

What are the available FD tenure options in Bank of Maharashtra?

Bank of Maharashtra offers fixed deposit tenures ranging from 7 - 30 days to 3 Yr - 5 Yrs, so you can choose a duration that fits your savings goal, on deposits below Rs. 3 Crore.

What is the minimum and maximum deposit amount for a Bank of Maharashtra FD?

You can open a Bank of Maharashtra fixed deposit with an amount starting from Rs. 1, up to a maximum of Rs. 400 Crore and above.

How can I check my Bank of Maharashtra FD balance?

You can check your Bank of Maharashtra FD balance through online or offline modes. Online, simply log in to the Bank of Maharashtra internet banking or mobile banking app to view your FD details instantly. Offline, you can visit your nearest Bank of Maharashtra branch and get your passbook updated for an FD balance enquiry.

Is there a limit on how many FDs I can open with Bank of Maharashtra?

No, there is no restriction on the number of fixed deposits you can open with Bank of Maharashtra. You can open multiple FDs across different tenures and amounts based on your financial planning needs.