LOG-IN 
Important Links/Sites 
Domestic Term Deposits / NRO Term Deposits
Interest Rate on Domestic Term Deposits/Bulk Term Deposit/ NRO Term Deposits
(% per annum w.e.f. 27.03.2024)
Amount | Less than Rs. 2 Cr | Rs. 2 Cr. To Rs. 10 Cr. | Above Rs. 10 Cr to Rs. 100 Cr | Above Rs. 100 Cr to Rs. 400 Cr | Above Rs. 400 Cr |
7 - 30 days | 2.75 | 2.75 | 2.65 | 2.65 | 2.65 |
31-45 days | 3.00 | 3.00 | 3.50 | 4.00 | 4.25 |
46-90 days | 4.75 | 4.75 | 5.00 | 5.50 | 5.50 |
91-119 days | 5.00 | 5.25 | 5.50 | 5.75 | 5.85 |
120-180 days | 5.25 | 5.50 | 5.75 | 6.00 | 6.25 |
181 - 270 days | 5.5 | 5.75 | 6.00 | 6.25 | 6.35 |
271 - 364 days | 5.75 | 6.00 | 6.00 | 6.25 | 6.35 |
365 days/ One Year | 6.5 | 6.50 | 6.50 | 6.50 | 6.50 |
Above 1 year to 2 years | 6.25 | 6.25 | 6.25 | 6.25 | 6.25 |
Above 2 years to 3 years | 5.75 | 6.00 | -- | -- | -- |
Above 3 years to 5 years | 5.75 | 6.00 | -- | -- | -- |
Above 5 years | 5.75 | 5.75 | -- | -- | -- |
Special Schemes | |||||
200 days | 6.00 | 6.00 | |||
400 days | 6.25 | 6.25 | |||
*Auto rollover facility will not be available for above mentioned Special Schemes
#Bank Term Deposits Scheme, 2006 (5 years Tax Saving Scheme) is applicable upto Rs. 1.5 Lakh only
- The revised rates are applicable for both fresh deposits and renewal of existing deposits.
- Resident Indian Senior Citizens will be offered an additional rate of 0.50% p.a. only for all maturity slabs of 91 days and above for deposits uptoRs. 5 crore only. The additional interest is not applicable to any type of non-resident deposits.
- A member or a retired member or the spouse of a deceased member or spouse of a deceased retired member of the Bank’s staff will be offered an additional interest rate of 1.00% only upto an amount of Rs. 5.00 crore only
- In case of premature withdrawal of deposits, interest is payable at the rate applicable to the period for which deposit has been actually held with the Bank.
- On premature withdrawal of term deposits, for deposits up to 1 year maturity (tenor at the time of opening the account) there will NO PENALTY on the applicable interest rate. Interest rates on prematurely withdrawn term deposits with maturity period more than 1 year will be 1% below the applicable rate.
- Deposits to be accepted for a maximum period of 10 years.
- Branch should take prior approval before accepting bulk term deposit above Rs. 10.00 Crore.
- Interest rates offered on Recurring Term Deposits will be same as the interest rates applicable to Term Deposits.
- Penal interest on premature withdrawal of term deposits shall be as per the deposit policy in vogue.
- NRE deposits will be accepted for a minimum period of One Year. No interest is payable if the deposit is prematurely closed before the minimum period of one year in case of NRE Deposits. Premature payment of NRE term deposits after one year attracts penalty of 1% on the applicable interest rate.
- All rates are subject to change from time to time.
To Know More about Products visit - https://bankofmaharashtra.in/term-deposits
Open your FD/RD through Internet Banking/ Mahamobile Plus
To open through Mahamobile Plus, watch video-
Public Information 
Gallery 
Social Activity 
Assets for Sale 
Tenders