Bank of Maharashtra is a major public sector bank in India. Government of India holds 81.61% of the total shares. The bank has 15 million customers across the length and breadth of the country served through 1895 branches as of 5 April 2016.


Term Deposits

  Upto Rs. 1 Crore Between 1 to 5 Crore
7 to 14 Days
4.50 %
4.75 %
15 to 30 Days
4.75 %
5.00 %
31 to 45 days
5.25 %
5.25 %
46 to 90 days
6.00 %
6.00 %
91 days to 119 days
6.50 %
6.50 %
120 days to 180 days
6.50 %
6.50 %
181 days to 270 days
7.00 %
6.75 %
271 days to 364 days
7.25 %
6.75 %
365 days
7.30 %
7.00 %
Above 1 year to 443 days
7.30 %
6.75 %
444 Days
7.35 %
6.75 %
445 Days
7.30 %
6.75 %
666 Days
7.35 %
6.75 %
667 Days to less than 2 Years
7.30 %
6.75 %
2 years to less than 3 years
7.30 %
6.75 %
3 years
7.25 %
6.75 %
Over 3 years to 5 years
7.25 %
6.75 %
Over 5 years to 10 years
7.25 %
6.50 %
* Interest rates last updated on 5th Nov 2016

NRE Deposits

  Less than 1 Crore Between 1 to 5 Crore
365 days
7.30 %
7.00 %
Above 1 year to 443 days
7.30 %
6.75 %
444 Days
7.35 %
6.75 %
445 Days to 665 days
7.30 %
6.75 %
666 Days
7.35 %
6.75 %
667 Days to less than 2 Years
7.30 %
6.75 %
2 years to less than 3 years
7.30 %
6.75 %
3 years
7.25 %
6.75 %
Over 3 years to 5 years
7.25 %
6.75 %
Over 5 years to 10 years
7.25 %
6.50 %
* Interest rates last updated on 5th Nov 2016