Bank of Maharashtra - Interest Rates (%)

This page provides the current interest rates (%) of Bank of Maharashtra's Fixed Deposit (FD) scheme.

 

Table of Contents

 

Fixed Deposit (FD)

This page provides the current interest rates (%) for both General public and Senior citizens.

 

General Public

The below table provides the current interest rates (%) for general public (aged less than 60 years).

TermAnnual Interest Rate (%)
7 days to 45 days2.75%
46 days to 90 days3.25%
91 days to 119 days3.5%
120 days to 180 days3.75%
181 days to 270 days4%
271 days to 364 days4.25%
365 days or 1 year4.9%
Above 1 year to 2 years4.9%
Above 2 years to 3 years4.9%
Above 3 years to 5 years4.9%
Above 5 years4.9%

Note:

  • The above interest rates are applicable for deposit amount less than Rs. 2 Crore

  • The above interest rates are effective from 08-Jan-2021

 

Senior Citizens

The below table provides the current interest rates (%) for senior citizens (aged 60 years and above).

TermAnnual Interest Rate (%)
7 days to 45 days2.75%
46 days to 90 days3.25%
91 days to 119 days4%
120 days to 180 days4.25%
181 days to 270 days4.5%
271 days to 364 days4.75%
365 days or 1 year5.4%
Above 1 year to 2 years5.4%
Above 2 years to 3 years5.4%
Above 3 years to 5 years5.4%
Above 5 years5.4%

Note:

  • The above interest rates are applicable for deposit amount less than Rs. 2 Crore

  • The above interest rates are effective from 08-Jan-2021