• Bank of Maharashtra Fixed Deposit Rates

    Minimum and Maximum Bank of Maharashtra fd interest rates 2019 for Regular and Senior Citizen
    Bank of Maharashtra FD 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 to 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.

    Key Bank of Maharashtra FD interest rates

    • Highest BOM short-term Deposit rate: 6.00% p.a.
    • Maximum BOM medium-term FD rate: 6.60% p.a.
    • Highest BOM Long-term Fixed Deposit rate: 6.50% p.a.

    Bank of Maharashtra fixed Deposit rates: Rs.2 crore to Rs.5 crore

    Tenure bracket Regular FD rates (per annum) Senior Citizens FD rates (per annum)

    7 days to 46 days

    4.25%

    N/A

    46 days to 91 days

    4.50%

    N/A

    91 days to 1 year

    4.75%

    N/A

    1 year

    5.25%

    N/A

    1 year 1 day to 2 years

    5.00%

    N/A

    2 years 1 day to 3 years

    5.00%

    N/A

    Over 3 years

    5.00%

    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 17 March 2019.

    Bank of Maharashtra Term Deposit rates: Above Rs.5 crore to Rs.100 crore

    Tenure bracket Regular FD rates (per annum) Senior Citizens FD rates (per annum)

    7 days to 46 days

    4.25%

    N/A

    46 days to 91 days

    4.50%

    N/A

    91 days to 1 year

    4.75%

    N/A

    1 year

    5.00%

    N/A

    1 year 1 day to 2 years

    5.00%

    N/A

    2 years 1 day to 3 years

    5.00%

    N/A

    Over 3 years

    5.00%

    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 17 March 2019.

    Know more about Bank of Maharashtra fixed deposits

    How to apply for Bank of Maharashtra FDs: Applying for a BoM FD is quite a hassle-free process. Those who have an  internet banking account can book one in a matter of seconds by using their login credentials.

    NRI term deposits: The bank also offers customers the option to invest in Non-Resident Indian (NRI) deposits such as NRE and NRO accounts. This gives customers the option to park their funds in an Indian account and earn an attractive rate of interest on the same.

    Tax saver FDs: Bank of Maharashtra also offers  customers tax saver fixed deposits to claim a tax deduction of up to Rs.1.5 lakh under Section 80C of the income tax act.

    Types of Deposit Schemes by Bank of Maharashtra

    • Mahabank-Term Deposit Scheme
    • Monthly Interest Deposit Scheme
    • Quarterly Interest Deposit Scheme
    • Cumulative Deposit Scheme
    • Mixie Deposit Scheme
    • Maha Double Deposit Scheme
    • Maha Millionaire Scheme
    • Maha Lakhpati Scheme
    • Mahabank-Trust Deposit Scheme
    • Maha Labh Scheme
    • Mahasaraswati Scheme

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.